Yield Guild Games is closing its YGG Play division and related games including LOL Land. The company cited the crypto market downturn and other factors as it shifts toward AI.
Yield Guild Games is closing its YGG Play division and related games including LOL Land. The company cited the crypto market downturn and other factors as it shifts toward AI.
The decision matters because it shows continued pressure on crypto gaming businesses after the market downturn. For readers tracking Web3 gaming, the shutdown is another sign that some companies are narrowing their focus and cutting projects that no longer fit their priorities.
Yield Guild Games is shutting down YGG Play, its crypto game publishing division, and is laying off 35 employees as part of a move toward AI, according to Decrypt. The closure also affects games tied to the unit, including LOL Land.
The decision matters because it shows continued pressure on crypto gaming businesses after the market downturn. For readers tracking Web3 gaming, the shutdown is another sign that some companies are narrowing their focus and cutting projects that no longer fit their priorities.
Yield Guild Games blamed the crypto market downturn and other factors for the move. The company is now pivoting toward AI, though the source material does not detail what that strategy will include or how it will replace the discontinued publishing work.
YGG Play had represented the group’s push into crypto game publishing. Its closure suggests that, even for established names in the sector, maintaining game operations and publishing arms can be difficult when market conditions weaken.
The layoffs add a human cost to the restructuring, with 35 roles affected. The shutdown of YGG Play and LOL Land leaves Yield Guild Games with a leaner structure as it redirects attention away from that part of its gaming business.
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