Yield Guild Games got its start staking players to earn their own money in Axie Infinity, but now it has expanded its guild of players into something bigger. The company released its annual report on its doings today.
The guild started in November 2020 as a guild that gave “scholarships” to players so they could mint their own NFT characters in Sky Mavis’ Axie Infinity game. That helped players deal with the startup costs for the “play-to-earn” game where players could level up their characters and resell them for a profit.
The game saw a boom in NFT trading in the summer of 2021 and then declined precipitously in the fall and winter. Axie Infinity saw its daily active users (DAU) surge 12,400% from 20,000 in March to more than 2.5 million in December 2021. But that number is likely under pressure now that the value of Axie’s tokens has declined.

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