Many people were able to play NFT blockchain games and made a living out of it, especially after covid devastated everyone worldwide. It was around this time when crypto gaming guilds rose in popularity. Axie Infinity was the first-ever game on the blockchain to prove that play-to-earn games can thrive on such a massive scale.
Gabby Dizon, a Filipino entrepreneur, and Yield Guild Games (YGG) co-founder saw the pandemic as an opportunity. Due to the increased number of people playing online games to pass the time during quarantine and lockdown. He started lending his Axies for a split of the profit. Because of this, many Filipinos who’ve lost their jobs were able to bounce back. Eventually, this concept became popular, and other guilds and organizations with the same idea started to pop up.
The Most Popular Crypto Gaming Guilds
The rise of blockchain technology and NFT games also triggered the birth of so many crypto gaming guilds. And many investors are not letting this opportunity pass without getting a slice of it for themselves.
There are dozens of other guilds out there today, but these four are the more prominent ones. They even provide training and basic tutorials for players to start their careers efficiently.
- Yield Guild Games – YGG is the leading crypto gaming guild founded by Gabby Dizon in 2020 with a market cap of over $300 million. They have solidly built and established themselves in the crypto gaming world. Now they have almost 80,000 members on their discord.
- Unix Gaming – With a market cap of over $6 million, they are one of the most well-known organizations with over 1,200 scholars. Like Yield Guild Games, they also have players scattered on several NFT games and platforms.
- Merit Circle – They have over a $105 million market cap, and they are partnered with popular play-to-earn games today like Axie Infinity, Star Atlas, and Illuvium.
- GuildFi – They are undoubtedly one of the biggest organizations out there. And a market cap of over $64 million speaks a thousand words about their popularity and success in the crypto gaming industry.
Traditional Gaming Guilds vs. Crypto Gaming Guilds
Gaming guilds and organizations for traditional games have been around for quite some time now. Many teams and organizations were created for Esports (Electronic Sports), where teams compete on a professional level. The most prominent Esport teams are Team Liquid, OG, Evil Geniuses, Team Spirit, and more. They specialize in popular competitive games like League of Legends, Dota 2, Counter-Strike, and more. This is the downside of traditional game organizations because their success and popularity are tied to these games.
On the other hand, crypto gaming guilds are more diverse, and they seek out several games that have great potential for earning. They help finance players (referred to as “Scholars”) to play and earn from games that they wouldn’t have access to or wouldn’t afford on their own for a split of the profit that they make. Yield Guild Games even called themselves the “Guild of Guilds.” And there are tons of similar organizations out there.
How to Join a Crypto Gaming Guild
When I was a still kid, I was addicted to fun and competitive games that could challenge my knowledge and skill as a player. I often wondered how nice it would be to play games all day and do nothing else. The Idea of getting paid or earning money by playing a game was too farfetched unless you sacrifice your social life and dedicate years to playing games. But now, thanks to blockchain technology and the rise of cryptos and NFTs, this dream could never be more real.
Unlike traditional gaming organizations and guilds, crypto gaming guilds don’t require you to have exceptional talent and skill for competitive gaming. It’s now all about the grind and the number of hours you can put into it for maximum profit returns.
Joining a crypto gaming guild has never been so easy, depending on your qualifications. You’ll just need to join their discord, ask around or reach out to one of them, make a deal with them, and you should be all set!
Conclusion
The rise of play-to-earn games is inevitable, and it has the potential to reshape the $200 billion gaming industry. Big companies are getting invested in it, and we can expect that more will come in the next couple of years. Establishing guilds for play-to-earn blockchain games is a decent approach to start. And that would help propel blockchain games and create a new era for gaming.
