NFT gaming guild to launch token for sub-network next year
Yield Guild Games Southeast Asia (YGG SEA), a sub-decentralized autonomous organization (subDAO) of Philippine blockchain gaming startup Yield Guild Games (YGG), is set to launch its SEA token via the Copper platform in early 2022.
The guild will release a total of 1 billion SEA tokens, which are set to be governance tokens for the YGG SEA. These tokens will be used to govern the YGG SEA’s future direction and ensure holders of access to activities and benefits of the guild.
While 7.5% of the tokens will be sold in the open market, 25% of them will be distributed to the community over time as rewards for active participation in the guild and the community.