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Market News

Yield Guild Games to Purchase Star Atlas Gaming Assets

Yield Guild Games (YGG), a decentralized autonomous organization, announced its intention to buy $1 million worth of Star Atlas Gaming assets.

Written By Rajpalsinh
Published October 6, 2021 1:28 PM
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Yield Guild Games to Purchase Star Atlas Gaming Assets

In Brief:

  • Yield Guild Games (YGG) commits to acquiring $1 million worth of Start Atlas gaming assets
  • The move comes after the announcement of strategic partnership of both company
  • Star Atlas is a metaverse based game on the blockchain

The decentralized autonomous organization (DAO), Yield Guild Games (YGG) has announced its plan to acquire $1 million worth of Star Atlas NFT gaming assets. YGG is known for the investments in NFTs used in blockchain-based games.

This is the first step to build a long-term partnership between YGG and Start Atlas.

A space themed MMM(Massive Multiplayer Metaverse) that is set to exceed expectations; We can't wait to see how this partnership unfolds! 💯🤝

To the galaxy and beyond! 🚀@staratlas https://t.co/qkoxEtqKEw

— Yield Guild Games (@YieldGuild) October 4, 2021

Yield Guild Games has made a commitment to buy $1 million worth of Star Atlas NFT gaming assets. In the coming months, The company will buy additional in-game items from NFT drop. The recent drop is planned for 7th October 2021.

This move comes after the strategic partnership of both companies in April 2021. The vision of this partnership is to provide gamers with financial opportunities through the economic expansion of the metaverse.

YGG is also confident about the Solana-based gaming project, Star Atlas, as it could achieve global success.

“We believe that StarAtlas has the potential to become a leader in the play-to-earn space as it aims to offer a huge range of ways that players can participate in the game, in a valuable and meaningful way. We are really excited for our community to jump in and make a mark,” Sarutobi Sasuke, head of Partnerships at Yield Guild, stated.

About Start Atlas

Start Atlas is a new gaming metaverse based on the fusion of the blockchain, graphics, multiplayer video games, and decentralized financial technologies. Solana’s protocol allows players to serverless and secure gameplay.

The game includes the theme of space exploration, territorial conquest, and Political domination The character created by each player starts out as an ordinary faction citizen, who will have the ability to influence the outcome of “the intergalactic conflict” between the three races. 

In this game two currencies will be released, POLIS and ATLAS. The POLIS will be the governance token, where ATLAS will be for the purchase of in-game NFT items and resources.

With the boom in the NF market, many developers from the gaming platform inclined towards the Blockchain-based gaming project. Recently, NFT trading game Axie Infinity has launched a staking program and is also planning a Airdrop of 2 million AXS tokens.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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