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Yield Guild Shuts Down YGG Play, Pivots to AI Gaming Data Business

6d ago
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bearish:

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  • Yield Guild Games is shutting down YGG Play despite generating over $9M in lifetime revenue.
  • The company is cutting 35 jobs as it shifts to AI gaming datasets and training services.
  • YGG says its $20M treasury gives it about four years of runway under its new AI-focused strategy.

Yield Guild Games (YGG) is shutting down its YGG Play game publishing platform despite generating more than $9 million in lifetime revenue. The Web3 gaming company is shifting its focus to building AI gaming datasets and training services.

The decision affects 35 employees. YGG co-founder Gabby Dizon said the company will provide an additional eight weeks of pay and help affected staff find new opportunities.

YGG Play to Go Offline on July 31

In a statement posted on X, Dizon called the closure a difficult but necessary decision. He confirmed that YGG Play, along with its first-party …

Read The Full Article Yield Guild Shuts Down YGG Play, Pivots to AI Gaming Data Business On Coin Edition.

6d ago
bullish:

0

bearish:

0

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