YGG’s Onchain Guilds Platform Launches on Base, Expanding Beyond Gaming Roots

Pioneering Web3 Gaming Organization Launches New Feature on Layer 2 Network While Strengthening Its Position in Southeast Asian Market

  • YGG launches Onchain Guilds platform on Coinbase‘s Base network to track community achievements via blockchain
  • Philippines maintains position as leading Web3 gaming market for third consecutive year with 96% crypto awareness
  • Platform extends beyond gaming to support freelancers, content creators, and AI data labeling teams
  • Base completes global tour in Manila, highlighting Philippines’ significance in Web3 adoption
  • YGG plans to implement staking rewards and casual gaming mechanisms by early 2025

YGG Expands Beyond Gaming with Base Network Launch

Yield Guild Games (YGG) announced today the launch of its Onchain Guilds platform on Base, Coinbase’s Ethereum Layer-2 network.

- Advertisement -

The platform aims to transform how digital communities build and verify their reputations through blockchain technology.

This development marks a significant expansion beyond YGG’s initial gaming focus, which began during the COVID-19 pandemic in the Philippines.

Philippines Leads Web3 Gaming Adoption

The Philippines has maintained its position as the world’s most engaged Web3 gaming market for three consecutive years.

Research from ConsenSys indicates a 96% crypto awareness rate in the country, with YGG Pilipinas boasting 1.2 million members across social platforms.

- Advertisement -

For many Filipinos earning between $3,000 and $12,000 annually, Web3 gaming represents a substantial economic opportunity.

Platform Features and Implementation

YGG founder Gabby Dizon explained in an exclusive interview with Decrypt: "We’ve always had guild communities as part of YGG since day one. First we started with Axie [with] the scholarship program, then we expanded to other games and added questing and reputation on top of that."

The platform functions similarly to a blockchain-verified combination of LinkedIn and Discord, allowing users to maintain verifiable records of their achievements.

"The reputation is onchain for everyone to see," Dizon noted. "It’s inscribed in your wallet, so you own it, not a social network or any other platform."

Base Network Integration

Base, developed using the Optimism Stack, offers enhanced transaction speed and reduced costs while maintaining Ethereum’s security features.

The Layer-2 solution enables more efficient deployment of decentralized applications and reduces user interaction costs with the Ethereum ecosystem.

Future Development Plans

YGG plans to implement staking rewards for active Guild Advancement Program participants.

The organization aims to introduce broader participation mechanisms tied to casual gaming by early 2025.

Through its Future of Work division, YGG is exploring applications beyond gaming, including opportunities for freelancers and AI data labeling teams.

Dizon predicts increased blockchain adoption, stating: "People are starting to do things like data labeling for AI companies, contributing data for deep end networks that will allow them to earn money. I think that a lot of the transactions online will eventually move onchain."

The launch of Onchain Guilds represents YGG’s evolution from a gaming-focused platform to a broader Web3 community infrastructure provider.

Previous Articles:

- Advertisement -

Latest News

AI Agent ‘Accidentally’ Sends $441K in Crypto Beggar Scam

An AI agent named Lobstar Wilde accidentally sent over $441,780 worth of tokens to...

Bitcoin Crash Sparks Extreme Fear, $458M Liquidated

Bitcoin plunged over 4% to $64,300, triggering $458 million in trader liquidations.The Crypto Fear...

Curve Founder Says Disagreements Signal a Healthy, Active DAO

Disagreements signal an engaged community and prevent governance apathy, according to Curve Finance founder...

XRP’s “Boring” Phase a Hidden Blessing, Say Analysts

Ripple (XRP) is trading near cycle lows at approximately $1.4, down 47% from its...

At ETH Denver, Web3 Leaders Admit Apps Are “Epically Bad”

Industry leaders criticize Web3 for failing to build usable consumer products despite a decade...

Must Read

Top 10 Best Blockchain Games

If you want to know about the best blockchain games then read this article carefully. We listed the best games you can play and...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!