FTX and Yield Guild Games partnership deal: News

FTX developed a partnership with Yield Guild Games to gain the sponsorship of Axie Infinity and the 137 players residing in different countries. Yield Guild is a gaming platform that works on a decentralized network. The aim is to provide scholarships to all the players playing the game.

The naming rights of the activity go to FTX, and YGG describes it as an opportunity of gaining money through playing. It will cover the breeding costs of pets in the game. The players will receive NFTs on loan or revenue-sharing model.

81 people from the Philippines, 25 from Indonesia, 10 from India, 15 from Latin America, and 6 Brazilian players will receive this sponsorship. FTX has also launched a lot of deals with Major League Baseball, and the National Basketball Association’s Miami Heat.