Axes Metaverse Announces the Strategic Partnership with YGG SEA
We at Axes Metaverse are pleased to continue our trend of announcing new strong partnerships with highly respected partners from the play-to-earn world. Recently, we have entered a partnership with YGG SEA.
About YGG SEA
YGG SEA is the first subDAO of Yield Guild Games, one of the largest gaming guilds in Asia and the entire world. Yield Guild Games is a decentralized autonomous organization (DAO) for acquiring non-fungible token (NFT) gaming assets that are used in virtual worlds and blockchain-based games. YGG SEA owns these in-game assets, but they lend them to their community (called scholars) who play the games to earn rewards.
YGG SEA’s key mission is to create the biggest and most sustainable play-to-earn virtual economy in Southeast Asia. Its target audience is based in the Southeast Asia region, specifically in Indonesia, Thailand, Malaysia, and Vietnam. YGG SEA localizes content and customize our approach (for) local relatability, grass-roots approach and deeply rooted establishment.
The gaming guild has invested in 80 projects since November 2021, as well as has reached 10k scholarships within 6 months. 10 games backed by the guild have become accessible to thousands of YGG SEA guild members, and many more are about to be launched within this year including Axes Metaverse. It currently has offices in Indonesia, Thailand, Malaysia, and Vietnam. YGG SEA plans to expand into three additional countries within six months, with complete SEA coverage planned by 2024.
The collaboration between YGG SEA and Axes Metaverse brings much more to the world than just an access to the authentic metaverse and its p2e mechanics. Evan Spytma, YGG SEA Co-Founder and CEO, explains on this:
“YGG SEA serves a region of 650 million people, with 2–9% of the population living under the poverty line. It’s no surprise that YGG SEA has expanded the play-to-earn business model within Malaysia, Thailand, Indonesia, and Vietnam — where up to 85% of the population actively plays games. The need for sustainable income growth through play-to-earn gaming opportunities is at an all-time high. As economies slowly emerge from the Covid crisis, we will foster education, growth and transition to a brighter future within the Metaverse”.
Find out more about YGG SEA: