💥 Gate Square Event: #PTB Creative Contest# 💥
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CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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After experiencing the trials and tribulations in the GameFi industry, some projects have struggled to survive, but the established project YGG has demonstrated strong vitality. The latest news shows that YGG not only recently completed a large-scale Token buyback but also intends to launch an innovative Launchpad platform in October 2025.
This new platform will focus on the incubation of game tokens, operating similarly to Virtuals, but with a greater emphasis on small-scale, high-potential projects. It is reported that YGG plans to keep the fully diluted valuation (FDV) of project tokens below $1 million, a move expected to provide more opportunities for retail investors to participate.
If YGG's plan is successfully implemented, it is likely to become the 'Steam' of the Web3 space. By simultaneously controlling game distribution and Token issuance, YGG will occupy a core position in the blockchain gaming industry, becoming a necessary path for GameFi projects before entering exchanges.
This strategic layout may fundamentally change the market's valuation logic for YGG. Currently, the price of YGG's Token remains around $0.15, with an FDV of approximately $150 million. Against the backdrop of overall market volatility, YGG's ability to maintain relative stability has already shown its potential advantages.
As these positive factors gradually emerge, the development prospects of YGG are worth looking forward to. However, investors still need to be cautious, conduct their own research, and view market changes rationally.