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.

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."

- Advertisement -

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.

- Advertisement -

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

Gold-Backed Cryptocurrencies Surge as Investors Seek Digital Safe Haven

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have surged over 24% year-to-date to all-time highs above $3,300.While tokenized gold has thrived...

Mantra (OM) token plummets 90% in 24 hours, wipes out $6B market cap

Mantra (OM) token has crashed over 90% in 24 hours, plummeting from $6.3 to under $0.50, wiping out most of its $6 billion market...

Crypto Gaming Tokens Plummet, Vanish from Top 100 as Market Struggles

Gaming tokens have disappeared from the top 100 cryptocurrency rankings by market cap despite having six representatives a year ago.Eve Frontier launched a 10-day...

Trump to impose new semiconductor tariffs on electronics within months

Commerce Secretary Howard Lutnick clarified that recent tariff exemptions for consumer electronics are only temporary.New semiconductor-focused tariffs are expected within "a month or two"...

AI Revolution: Emotional Agents Could Solve Web3 User Experience Crisis

AI agents with emotional capabilities could make Web3 tools more accessible by providing personalized guidance to new users.The steep learning curve of Web3 applications...

Must Read

What Is Binance Earn?

As someone who is passionate about cryptocurrency, I am always on the lookout for new opportunities to grow my portfolio. That's why I was...