YGG Partners with The Kapital DAO, Leading Provider of Web3 Gaming Asset Management Tech, to Superscale Operations

Yield Guild Games (YGG), the largest play-to-earn gaming guild has partnered with the Kapital DAO, the leading provider of institutional web3 gaming asset management tooling, as its tech provider to streamline operations, enhance security, and broaden community access to available games. The Kapital DAO's core platform enables seamless hierarchical delegation & management of gaming assets inside of any game on any chain with minimal technical lift required from the games themselves.

The Kapital DAO's technology is currently live to the public and supporting YGG's Axie Infinity and Crypto Unicorns scholarship operations. With its technology, YGG's scholarship managers are already delegating assets painlessly to YGG community managers and members and are leveraging dashboards available on the app to enhance their decision making.

YGG will provide product co-development support to the team, along with advisory and an acquisition of Kapital DAO $KAP tokens. The Kapital DAO plans to release an SDK that will enable web3 games and builders to seamlessly integrate into the protocol, which will drive a further step-up in scaling speed. The Kapital DAO will be working with YGG to identify promising games to quickly onboard onto the protocol, so that such games can better leverage massive guild communities to drive higher player activity with less operational friction.

"YGG, as the first major gaming guild in web3, set the stage for what institutionalized web3 gaming means," said Sam Peurifoy , founder of the Kapital DAO, "and with the Kapital DAO's technology in hand, the ability to deploy that level of institutional involvement into games at will with minimal technical lift will be an absolute gamechanger for the entire web3 gaming space."

"YGG shares the core mission of the Kapital DAO to onboard the next billion players into web3 gaming, and sees this set of core infrastructure tools as a necessary component of the evolution of this space. We'll be working closely with the Kapital DAO to ensure the product meets the needs of continuously evolving web3 gaming communities." said Gabby Dizon, co-founder of YGG.

The protocol is currently live with multiple major web3 games across different EVM-compatible networks, including Axie Infinity, among others. The Kapital DAO continues to list games inside of the protocol on a biweekly basis, and will be opening the protocol for public game listing contributions towards the end of the year with the release of their game SDK. Non-EVM networks will be live towards the end of 2022 and early 2023, with identical UX support to standardize the institutional experience.

The Kapital DAO also plans to launch its $KAP token soon, which is the currency used to pay for protocol services such as asset management transactions, in-app NFT placement promotions, and accelerated game listings. Additionally, the DAO may elect for the $KAP token to be used for community-focused initiatives such as liquidity staking, voting on partnerships or acquisitions, and social rewards.

For more information on the Kapital DAO, visit their website , whitepaper , Discord , Twitter , and Medium .

For more information on YGG, visit their Discord or follow them on Twitter for future updates.

Cision View original content: https://www.prnewswire.com/news-releases/ygg-partners-with-the-kapital-dao-leading-provider-of-web3-gaming-asset-management-tech-to-superscale-operations-301634902.html

SOURCE Kapital DAO

News Provided by PR Newswire via QuoteMedia

GAMING00
The Conversation (0)
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less
smartphone on podium

Top Trends Shaping the Canadian iGaming Market

From emerging technologies to evolving regulations, the trajectory of iGaming has changed substantially in recent years as the market has experienced significant growth.

In 2022, Ontario's provincial government introduced game-changing legislation that established a regulatory framework for iGaming. Due to this legislation, regulated iGaming successfully displaced the unregulated market, according to Attorney General Doug Downey, creating over 1.6 million active player accounts across more than 70 operator websites as of April 2023 — just over one year following the change.

Ontario's regulation has also laid the groundwork for widespread change in the iGaming space across Canada. As iGaming continues to evolve, it's important to have a deeper understanding of both new and existing trends that will shape the industry's future, as well as regulations.

Keep reading...Show less
NorthStar Gaming Holdings

NorthStar Gaming Holdings


Keep reading...Show less
NorthStar Gaming Announces New Partnership Agreement with BettorView

NorthStar Gaming Announces New Partnership Agreement with BettorView

Partnership strategically positions NorthStar to reach consumers in restaurants and bars across Ontario

NorthStar Gaming Inc. (TSXV: BET) is proud to announce it has entered a partnership agreement with BettorView that will enable NorthStar to engage with consumers in restaurants and bars across Ontario. The partnership provides NorthStar with the opportunity to further expand player acquisition across both sports wagering and online casino in a frictionless and convenient manner.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NorthStar Gaming Reports Triple-Digit Growth in Wagers and Revenue in Q3 2023

NorthStar Gaming Reports Triple-Digit Growth in Wagers and Revenue in Q3 2023

Strong year-over-year performance sets the stage for further growth

NorthStar Gaming Holdings Inc. (TSXV: BET) ("NorthStar" or the "Company") today released its financial results for the three- and nine-month periods ended September 30, 2023. All dollar figures are quoted in Canadian dollars.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×