Yield Guild Games Southeast Asia (YGG SEA) has raised $15 million from private investors in two rounds. It plans to utilise the money to promote play-to-earn gaming in Southeast Asian countries.
YGG SEA is the first regional subDAO for Malaysian, Indonesian, Vietnamese, and Thai players. Because they have local expertise and networks, the subDAOs are at the heart of YGG’s expansion plan. YGG, the parent DAO of Yield Guild Games (YGG), is a community of play-to-earn gamers that function like a guild, amassing yield-generating virtual goods and lending them to players who can’t buy them.
The first subDAO for purchasing and managing NFTs in the metaverse is YGG SEA. Its goal is to serve as a link between the Web2 community and the rest of the world.