Fundraising Fox

Yggplay

Defunct

1 known investors

YGG Play is a publishing arm for blockchain and crypto gaming that builds communities of players worldwide. The company facilitates gaming participation through Web3 platforms and digital asset lending.

Also known as YGG Play Β· YGG Play (Yield Guild Games publishing arm)

Founders & leadership

OO
Owl of Moistness

Board

GDGabby Dizon
Gabby Dizonin𝕏Co-Founder at OP GAMES
BL
Beryl LiCFO at Bitkraft Esports Ventures

Investors Β· 1

Company profile

researched Aug 2026

YGG Play was the Web3 game publishing arm of Yield Guild Games (YGG). It launched in 2025 alongside its first in-house title, the casual game LOL Land, and grew into a publishing and token launch platform that also operated the YGG Play Launchpad (app.yggplay.fun) and a community questing site (community.yggplay.fun). Its stated thesis was that there was an underserved audience of Web3 natives who did not identify as gamers but would play casual, bite-sized games with crypto elements built into the gameplay β€” an audience the company labelled "Casual Degens."

Beyond LOL Land, the unit published or supported Waifu Sweeper, Delabs Games' GIGACHADBAT and Planetarium Labs' Ragnarok Breaker, signed nine games in total, collaborated with IPs including Pudgy Penguins, and ran creator campaigns and live events such as the YGG Play Summit in Manila. In July 2025 it began publishing third-party titles, starting with Gigaverse from studio GLHF, a blockchain RPG running on the Abstract chain, alongside LOL Land.

On 6 July 2026 YGG announced it would sunset the YGG Play business unit, citing the October 10, 2025 crypto liquidation event and the subsequent market downturn as having removed the retail liquidity that consumer crypto apps depend on. Thirty-five employees were let go, the yggplay.fun properties and the LOL Land and Waifu Sweeper games were retired by 1 August 2026, and the 2026 YGG Play Summit was cancelled. GIGACHADBAT and Ragnarok Breaker continued under Delabs Games and Planetarium Labs. The parent organization, its YGG token and its Guild Protocol continued operating, redirecting resources toward the AI data economy.

Business model

YGG Play operated as a Web3 game publisher and platform: it developed in-house casual titles, published and supported third-party Web3 games with growth marketing, player acquisition and access to the YGG community network, and ran a token launchpad and community questing system. Revenue came from its games β€” LOL Land accounted for $8.59 million of the unit's $9 million lifetime revenue β€” and game revenue was used to fund YGG token buybacks.

Revenue was generated primarily from its own games, notably in-game purchases in LOL Land and Waifu Sweeper, plus a publishing model with third-party developers. For publishing partners, YGG Play used smart-contract-enabled revenue sharing that paid developers onchain in real time rather than through delayed off-chain payouts.

Traction

YGG Play crossed $9 million in lifetime revenue by the end of Q1 2026, with a monthly peak of $3 million in October 2025; LOL Land contributed $8.59 million of the lifetime total and Q1 2026 revenue was $876,000. The unit signed nine games and collaborated with IPs including Pudgy Penguins. Revenue from its games funded a YGG token buyback program that had acquired 24,122,257 YGG for roughly $3.7 million as of 26 January.

Latest developments

Following the YGG Play sunset, Yield Guild Games declared YGG 3.0 live, repositioning itself as a sector-agnostic infrastructure layer built on its Guild Protocol and pivoting to the AI data economy. It reported 105 Onchain Guilds, 11 regional guild partners and over 100 partner projects, and is building a B2B pipeline selling gaming behavioral datasets to AI labs training world models. Products include GIG Rewards, built with BreederDAO, YGG Pilipinas and ED3N Ventures and delivered with a large Philippine telco, and AI Alerts (formerly YGG Alerts), which matches Philippine workers with remote AI training jobs and drew 27,000 applications in its first five days. At the close of Q1 2026 the YGG treasury stood at $20.6 million, including $6.2 million in stablecoins, T-bills and large-cap tokens, giving about four years of runway.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

YGG Play positioned itself as a Web3-native publisher for casual crypto games, moving from a single in-house title to signing nine games and publishing third-party studios. Its closure came amid broad contraction in Web3 gaming; coverage grouped it with the shutdown of a16z-backed studio Proof of Play as evidence of sector-wide difficulty in reaching sustainable scale.

The unit's stated differentiators were onchain, real-time revenue sharing with developer partners via smart contracts, a focus on short-session "Casual Degen" games with crypto mechanics built into gameplay, and access to Yield Guild Games' global community, regional guilds and creator network.

Technology

The platform combined a consumer-facing web property (yggplay.fun), a token Launchpad and a community questing system with onchain mechanics. Publishing deals used smart contracts to distribute revenue shares to developers in real time onchain. Titles including LOL Land and partner game Gigaverse ran on Abstract, a chain aimed at casual Web3 users; the parent guild's Onchain Guilds infrastructure is deployed on Base and its YGG token is an ERC-20.

Go-to-market

Distribution relied on the parent guild's global player community and regional guilds, content creator campaigns with Web3 gaming influencers, in-game crossover events with partner titles, community quests with rewards, and in-person events such as the YGG Play Summit in Manila.

Web3-native casual players described by the company as "Casual Degens" β€” crypto users who play short-session games with onchain elements β€” together with Web3 game studios seeking publishing, marketing and player-acquisition support.

Geography

Operations were global with Filipino roots, per co-founder Gabby Dizon. The parent organization runs YGG Pilipinas in the Philippines and 11 regional guild partners across Southeast Asia, Latin America, India and other emerging markets; the YGG Play Summit was held in Manila, and the shutdown guide referenced Singapore time for cutoffs.

History

Yield Guild Games was founded in the 2018-2020 period by Gabby Dizon, Beryl Li and Owl of Moistness to distribute digital assets to players. YGG Play launched in 2025 with the casual game LOL Land in May 2025 and expanded into a full publishing and token launch platform, taking on its first third-party title, GLHF's Gigaverse, in July 2025. Revenue peaked at $3 million in October 2025 before declining through the subsequent crypto downturn. On 6 July 2026 YGG announced the sunset of the unit and 35 layoffs; platform support ended 31 July 2026 and the transition completed 1 August 2026.

Risks & controversies

The business proved commercially unsustainable after the 10 October 2025 liquidation event, in which over $19 billion in leveraged crypto positions were wiped out in 24 hours; Bitcoin fell below $60,000 by mid-2026 and major altcoins lost more than 80%, cutting the secondary liquidity retail crypto apps rely on. The shutdown eliminated 35 roles, retired user-facing products and required users to unstake and redeem points before a 31 July 2026 deadline, after which unprocessed balances were auto-distributed with no manual support. For the parent token, roughly 79.7% of the 1 billion YGG supply was unlocked with a schedule running into 2027, and the token traded at $0.022 on 28 June versus a November 2021 high of $11.17.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
AI Alerts applications in first five daysJul 202627,000 applications
Employees laid off in shutdownJul 202635 people
Games signed by YGG PlayJul 20269 games
Lifetime revenueMar 2026$9M
LOL Land lifetime revenueJan 2026$8.6M
Operational runway after restructuringJul 20264 years
Parent treasury (Yield Guild Games)Mar 2026$20.6M
Parent treasury held in stablecoins, T-bills and large-cap tokensMar 2026$6.2M
Peak monthly revenueOct 2025$3M
Q1 2026 revenueMar 2026$876K
Value of YGG token buybacksJan 2026$3.7M
YGG tokens repurchased under buyback programJan 202624,122,257 YGG tokens

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Competitors Β· 9

by search overlap
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Coinbase11 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
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Kraken9 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
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MetaMask8 shared keywordsMetaMask is a self-custody crypto wallet that lets users trade, swap, and use tokens, including features like leveraged trading, tokenized stocks and ETFs, spending crypto for purchases via a card, and earning yield. It also provides developer tools for integrating with MetaMask and building on-chain (walletless) decentralized apps.
Opportunistic India Growth Stage7 shared keywordsA crypto-enabled financial services company providing borderless financial products and capital flow solutions.
Steam7 shared keywordsSteam is a digital distribution platform for purchasing, downloading, and playing PC video games, operated by Valve. It serves gamers worldwide and offers a client application with multi-language support.

Companies competing with Yggplay for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 6

launches, deals, and filings
Aug 2026
yggplay.fun, LOL Land and Waifu Sweeper retired; partner games transferred

Purchases and quest systems for LOL Land and Waifu Sweeper stopped on July 9, 2026; July 31 was the final day of platform support, after which yggplay.fun, app.yggplay.fun and community.yggplay.fun were permanently closed. GIGACHADBAT and Ragnarok Breaker transferred to Delabs Games and Planetarium Labs on August 1, 2026. The 2026 YGG Play Summit was cancelled.

source β†—

Jul 2026
Yield Guild Games announces sunset of YGG Play publishing unit

YGG announced it would sunset the YGG Play business unit, cutting 35 jobs, citing the October 10, 2025 crypto liquidation event and the subsequent downturn. Co-founder Gabby Dizon called it 'a market decision, not a product decision.'

source β†—

Jan 2026
Parent Yield Guild Games pivots to AI data economy and launches YGG 3.0

After the YGG Play sunset, Yield Guild Games declared YGG 3.0 live, repositioning as a sector-agnostic infrastructure layer on its Guild Protocol and building a B2B pipeline of gaming behavioral datasets for AI labs, with products GIG Rewards and AI Alerts (formerly YGG Alerts).

source β†—

Jul 2025
YGG Play signs Gigaverse as first third-party published game

YGG Play partnered with studio GLHF, developer of the blockchain RPG Gigaverse, marking its first third-party publishing deal. YGG Play provided growth marketing, player acquisition support and access to its global network, with onchain real-time revenue sharing. The launch included a crossover event adding a Gigaland board to LOL Land and LOL Land-themed skins in Gigaverse; both titles run on Abstract.

source β†—

May 2025
YGG Play launches with in-house casual game LOL Land

YGG Play launched with its casual 'degen' title LOL Land and later expanded into a full game publishing and token launch platform.

source β†—

Nov 2024
YGG Play Summit held in Manila

The YGG Play Summit, a player-focused web3 gaming event featuring tournaments, game demos and creator content, took place in Manila from November 19-23, 2024.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Yggplay do?
YGG Play was Yield Guild Games' Web3 game publishing and token launch platform, sunset in mid-2026.
Who founded Yggplay?
Yggplay was founded by Owl of Moistness.
Who are Yggplay's investors?
Yggplay's investors include Bitkraft Esports Ventures.