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Bought some YGG at an average price of 0.202, will continue to buy on dips for the following reasons.
Launchpad goes live in October;
At the end of September, we will also collaborate with Little Penguin to do something at KBW.
Token2049 in Singapore is also going to do something.
The repurchase funds should come from the game revenue of their first self-developed game $@LOLLandGame - this game has generated as much as $1 million in revenue over the past 30 days.
YGG has upgraded from a gaming guild to a game developer + publisher after years of accumulated experience in blockchain games and the community: it is not only creating multiple self-developed games like LOLLand(, but also leveraging its own advantages for game publishing.
The $YGG token is not only the universal currency in all these games ) developed and published in-house (, but YGG will also use the revenue generated from these games to buy back $YGG tokens.
◆Time point: Expected to launch around October, possibly announced at Token2049;
◆Operating mode: Focus on incubating tokens in the gaming track, referencing the strategy of Virtuals;
◆Operational Characteristics: Fair Launch model, token issuance FDV < $1M, breaking the old routine of "high FDV + low circulation."
For the YGG Launchpad, it means that every time the platform has a new game token issuance, it will bring additional buying pressure and demand for $YGG.
Combining the previous LOLLand revenue buyback, the $YGG flywheel becomes: revenue + buyback > Launchpad staking → new token incubation → platform value enhancement.
This is completely different logic from traditional guild tokens.