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Evan Luthra
Aug 20, 2021

YAY Games And the Next Grand Leap in DeFi And Gaming Industries

YAY Games
Financially speaking, the gaming ecosystem has been growing steadily. In 2020, the revenue generated from the worldwide computer gaming market was estimated to be around $42.2 billion. In the same year, the mobile gaming industry grossed over $77 billion in income. 

The number of active video game players worldwide has risen from 1.99 billion people in 2015 to 2.81 billion in 2021. And that number is projected to increase to 3.07 billion people by 2023. While it is an understatement to say that the computer gaming ecosystem is booming, we can say that twice over for Decentralized Finance (DeFi). DeFi has grown faster.

In 2020, the space saw its number of users doubled. And within a year (April 2020 to April 2021), the Total Value Locked (TVL) had also increased by 74x to $178.5 billion. Looking back now, it was only a matter of time before smart developers thought about mixing two industries that have had tremendous growth in the last year. I'm sure you're nodding and smiling now as you see how this could be the next grand leap.

The mixture of gaming to decentralized finance has been well accepted in the industry and it has taken off. Gamers and crypto enthusiasts are loving the idea as you might have seen with how play-to-earn games like Axie Infinity and the likes have been accepted. The demand for these games right now is crazy high. One of such platforms that have been developed is the YAY Games. 

What is YAY Games?

YAY.games is a fully decentralized gaming marketplace developed for gamers, traders, and crypto farmers. The game has an innovative in-game mining system for participants of the network while allowing them to play games in a fully decentralized manner. Therefore, YAY Games appeals to those who want to do two things in Defi. Have fun while earning crypto at the same time. 

Participants on the platform earn crypto in three ways:

  • From trading — Users can swap the native token of the YAY Games platform $YAY with other coins, using defi AMM. 
  • From in-game mining — Users are rewarded when they mine in a variety of games that include predictions, cards, board, virtual reality, etc. The rewards are based on the winning pool prize, the number of games played, participating in tournaments, sharing results, achieving milestones, and inviting friends to join you through social networks.
  • From farming — The first farming pools are set to go live in Q3 of 2021.
  • $YAY Token Utility 

    Governance — YAY games will prioritize community voting for future developments, game releases, and partnerships. 

    Game Mining — each game on the platform contains a $YAY allocation. This is mined and distributed to users based on the following qualities: league ranking, amount of $YAY in the wallet, activity, milestone reaches, stats, and social media sharing.

    Exclusive access — Holders of the $YAY token holders can unlock games, tournaments and are eligible for additional rewards and Airdrops.

    Roadmap

    Q2 2021

    Private sale — 100%

    Marketplace Beta Release — 100%

    BTC vs ETH Game launch — 100%

    ADA up/down Game launch — 100%

    Bold Point Game Announcement — 100% 

    Q3 2021

    Multi IDO launch on tier 1 pads 

    DEX Listing on BSC and AVAX

    LP Farming rewards 

    Loyalty program based on game mining 

    Casual game releases 

    Integration of Avalanche Blockchain within the DApp

    Q4 2021

    YAY games + publishing

    CEX listing

    Single assets staking features 

    Bold point beta release 

    NFT Marketplace release 

    Multi IDO Launch on tier 1 pads 

    Q1 2022

    Bold point mobile app release

    $YAY governance release 

    Fiat on-ramp integration 

    Airdrop to initial investors

    New game releases

    YAY Games Tokenomics 

    Metrics 

    Total token supply: 1,000,000,000

    Initial market cap: $510,000

    Market cap at TGE: $597,240

    Token Price on IDO: $0.011

    Exchange liquidity: $330,000

    Token: Yay Games ($YAY)

    Tokens Allocation

    Strategic Round: 7.5%

    Public Round(IDO): 5%

    Farming Rewards: 16%

    Team members: 10%

    Marketing and PR: 10%

    Game Mining: 18.5%

    Seed Round:8%

    Exchange Liquidity:3%

    Presale Round: 5.5%

    Ecosystem Growth: 14%

    Community Contests: 1%

    Airdrop for Initial Investor: 1.5%

    Vesting Schedule

    Strategic Round: A vesting period of 12 months and 10% will be released at the Token Generation Event (TGE). Afterward, 7.5% will be released per month. 

    Public Round (IDO): Vesting 2 months, then 30% will be released at TGE. After this, 8.75% will be released every week.

    Farming Rewards: A vesting of 41 months. 5% will be released after 90 days, then 2.5% per month thereafter. 

    Team members: Vesting period of 30 months and 4% will be released seven months after TGE. 4% will be released per month thereafter. 

    Marketing and PR: Allocation will be vested for 40 months and 2.5% will be released monthly.

    Game Mining: A vesting period of 41 months. 5% will be released after 90 days, then 2.5% per month thereafter. 

    Seed Round: A vesting period of 15 months. 10% will be released at TGE. Afterward, 6% will be released every month. 

    Exchange liquidity: 50% of the exchange liquidity will be used at TGE and 50% will be used for future listings. 

    Presale Round: A vesting period will be up to 5 months. 30% will be released at TGE, while 14% will be released per month thereafter. 

    Ecosystem Growth: There will be a vesting period of 43 months where 25% will be released per month starting from the fourth month onward. 

    Community Contests: A vesting period of 37 months with a 2.7% monthly release.

    Airdrop for Initial Investor*: 33% per month starting from January 2022. 

    *Investors must not sell more than 60% of their allocations until the airdrop to qualify for it. They'll be disqualified and their airdrop allocation will be burnt if they do.

    Follow YAY updates here:

    Telegram — https://t.me/YAYgame 

    YAY Games And the Next Grand Leap in DeFi And Gaming Industries
    Evan is a tech-obsessed thought-leader who has spoken at 100s of conferences around the world. He has extensive knowledge and experience in mobile apps and his company, EL Group International, has developed and delivered mobile apps for major Fortune 500 companies. He has also received an honorary Ph.D in Blockchain for the impact he has made in the industry from launching Blockchain Schools to Blockchain Coworking spaces and having spoken at 50+ Blockchain events. As a highly accredited Angel Investor, Evan believes in stepping out of his comfort zone and exploring the power of conceptualization, innovation and execution.

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