Yield Guild Games YGG Pilipinas has acquired Axies Alerts PH in an all-cash deal, according to YGG Country Manager Luis Buenaventura.
Yield Guild Games (YGG) is a Philippine-based organization that capitalizes on play-to-earn games where players take as much as 70% of the revenue split. YGG has an estimated market cap of $600 million.
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It currently supports over 10,000 Axie scholars from 10 countries by December 2021. Partner games include Axie Infinity, League of Kingdoms, Splinterlands, F1® Delta Time, and Thetan Arena.
Axies Alerts PH is an independent online publication that provides timely updates regarding Axie Infinity. Daily SLP/AXS Values, server updates and other related news. Axies Alerts PH is founded by a Filipino group, Brylle Uytiepo, James Pebenito and Philip Tejada.
YGG Pilipinas has not disclosed the total cash amount involved in the acquisition of AAPH.
The post Yield Guild Games YGG Pilipinas acquires Axies Alerts PH appeared first on YugaTech | Philippines Tech News & Reviews.
Source: Yugatech
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