Yield Guild Games Invests 5K in Merit Circle to Expand Scholarship Program
Yield Guild Games (YGG), a decentralized gaming startup, said it invested $175,000 in Merit Circle to help “bring play-to-earn to the masses.”YGG said it will work with Merit Circle, also a decentralized autonomous organization (DAO) focused on gaming, to expand its play-to-earn scholarship model that is focused on developing countries.YGG describes itself as a “play-to-earn gaming guild.” It allows users to invest in non-fungible tokens (NFTs) used in blockchain gaming.The deal with Merit Circle means the firms can host events and lend assets to each other as well as make investments and pursue projects to benefit both communities.Merit Circle was…