Do you remember the time when Yield Guild Games was just getting popular? At that time, the whole community was talking about it. NFT, scholarship programs, play-to-earn – YGG was simply the iconic project of that era.

To be honest, it really addressed a genuine pain point at the time. People who wanted to play Axie Infinity but couldn't afford a thousand-dollar NFT suddenly had an opportunity – to borrow someone else's assets to play the game and share the earnings. Sounds great, right?

But at that time, I felt something was off. This thing seems more like it was built on short-term incentives rather than being a sustainable business model. The logic of P2E is essentially just a game of passing the buck.

Interestingly, YGG did not stick to the original set later on...