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Yield Guild Games has laid off 35 employees and shuttered YGG Play, its game publishing business, blaming deteriorating conditions across both the cryptocurrency and video game markets.
The guild-model gaming operator said YGG Play had become commercially unsustainable, and announced a strategic redirection toward artificial intelligence.
YGG Play Closes After Markets Turn The shutdown of YGG Play removes one of Yield Guild Games' principal operating units.
The company attributed the closure directly to tough conditions in crypto and video games — two markets that, for blockchain gaming operators, are not independent risks but compounding ones.
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