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Yield Guild Games walks away from Merit Circle with 10 times its investment following ouster

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Play-to-earn giant Merit Circle (MC) will pay out $1,750,000 to competitor Yield Guild Games (YGG). The post Yield Guild Games walks away from Merit Circle with 10 times its investment following ouster appeared first on The Block.

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Timeline of Merit-circle, Yield-guild-games


Legal battle avoided after YGG and Merit Circle DAO agree to a deal - Cointelegraph

The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.


Merit Circle members want to refund Yield Guild Games' investment and cancel an agreement between the two, claiming there's not been enough value-add by the gaming guild giant. - Coindesk

Two prominent names in the play-to-earn scholarship space are at odds after members of the Merit Circle DAO (Decentralized autonomous organization) put forward a proposal to refund an investment by Yield Guild Games because of what they deem as an insufficient amount of value added by YGG.


YGG SEA Scholarships surpass 10,000 only six months after launch - Invezz

The sub-decentralized autonomous organization (subDAO) Yield Guild Games Southeast Asia (YGG SEA) of the Philippines-based blockchain gaming startup Yield Guild Games (YGG) has announced that it has so far issued 10,000 scholarships in just six months since its launch. The majority of the scholarships have been issued between November 2021 and April this year. In The post YGG SEA Scholarships surpass 10,000 only six months after launch appeared first on Invezz.


Yield Guild Games confirms IDO: ‘just the beginning of what will unfold' - Invezz

Yield Guild Games Southeast Asia (YGG SEA), a sub-decentralized autonomous organization of Yield Guild Games, confirmed in a Tuesday press release its plans for an initial DEX Offering. The IDO of its native token $SEA on the Copper launchpad is scheduled for May 9 at 15:00 UTC. 75 million tokens According to the press release, The post Yield Guild Games confirms IDO: ‘just the beginning of what will unfold' appeared first on Invezz.

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