YGGSPL is a community SubDAO managing shared Splinterlands assets
YGG Splinterlands (YGGSPL) is a community-organized SubDAO that provides active guild members with greater autonomy and control over YGG Splinterlands assets.
Ownership of the SubDAO is tokenized via the $YGGSPL token. $YGGSPL tokens represent ownership of the wallets containing the SubDAO's land, cards, unopened booster packs, and other Splinterlands assets.
All future revenue and rewards generated by SubDAO assets will go into the YGGSPL wallets under the control of the community. The community can use this income to grow the SubDAO and buy more assets or they can choose to distribute earnings. The power is in the hands of the active token-holding community.
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that owns a large number of non-fungible tokens (NFTs) used in virtual worlds and blockchain-based games. These in-game assets are used by guild members to play games and generate yield. The YGG community has self-organized into a series of smaller guilds and SubDAOs focused on either geographic region or a specific game.
YGG’s mission is to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility and sharing its profits with its token holders.