Full-service cryptocurrency trading and investment platform Phemex continues to show its strength in backing metaverse-based projects, exhibited by the listing of a bevvy of metaverse-first tokens, such as Axie Infinity’s AXS and Decentraland’s MANA. To celebrate Phemex is hosting a special Metaverse edition of their popular Grab a Coin Campaign where users can join to win YGG.
Now, Phemex is continuing to show investment in the space with the listing of Yield Guild Games native token, YGG. Yield Guild Games is one of the biggest play-to-earn platforms that is building a blockchain-based economy. Also, YGG partners with games and guilds to bring to life their goal of “onboarding the masses to the metaverse.”
To date, YGG has engaged with nearly 50 different titles and has committed nearly $10M to support developing metaverse ecosystems. Partnered titles include a number of already launched play-to-earn atmospheres, most notably Axie Infinity and League of Kingdoms.
With Phemex’s latest listings, the expansive cryptocurrency exchange platform can now facilitate further growth in the YGG ecosystem. The move solidifies Phemex’s positioning as a major supporter of play-to-earn and metaverse tools that are experiencing massive growth.
Phemex’s continued investment in the metaverse and play-to-earn environments has been exacerbated not only by continued growth in token listings. However, also by strong investments in a new GameFi platform and ardent support of NFT growth.
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