Good Games Guild is among the newer guilds founded in the thick of the Play-to-Earn (P2E) craze that was only starting to crop up in 2021. We won’t be judging them so much on their rather unimaginative tagline as the “world’s biggest gaming hub for play-to-earn games”, as it’s probably fair to say that it’s a valid ambition for a new guild but founders B.E. Suryadi and Aditia Kinarang managed to make it one of the more serious guilds with formal growth movements set earlier than some rivals.
This is shown through the introduction of their investment arm Good Games Lab and project launchpad MetaversePad all before the close of 2021.
GGG in a nutshell
No different from most guilds built in the same period, GGG is set up as a Decentralized Autonomous Organization (DAO) with the same simple promise familiar to members of other guilds: join the DAO and increase your P2E earnings.
Apart from the scholarship programme, you’ll also find the same NFT rental opportunities and staking/farming ploys throughout.
Because GGG had to catch up with all the earlier guilds, its strategy was to build partnerships with the most prestigious P2E games and biggest gaming companies, at least, to be able to compete with other guilds. A dozen popular games are already listed as their partners, including DeMole, Kawaii Islands, and The Kill Box.
Community
The community, because of their founders (Indonesian), has a large presence in Indonesia, but otherwise maintains an international chat in English. With about 40,000 members on Discord now, but roughly 5% of that active, it has seen better days.
It can take a while to respond to comments immediately, especially when team members are busy with events, but it does appear they have plenty of tournaments and live streams going on at any one time.
What’s in it for the gamer
The scholarship program, which is probably the one you’d want to look into, offers a position as a fellow player joining other large teams and sharing the revenue earned together. It’s a straightforward 65-35 share, with more than a third of all revenue earned going to GGG, with payouts made weekly.
There are some minimum requirements, though, which are really important to pay attention to, otherwise, you’ll find yourself putting in effort and then realizing you don’t even qualify for payouts because you didn’t earn enough. In the Axie Infinity scholarship programme, for example, you’ve to earn at least 1000 SLP every week just to keep your place in your team.
There’s also the old rent-an-NFT option available to you, whereby you can rent out idle NFTs from other gamers, usually to give yourself an edge you wouldn’t normally get in a game so early as a new player. NFT renting itself isn’t new but GGG did make an entire ecosystem that focused on this particular feature, making it really easy to do and supplying the ready supply (experienced players with idle NFTs) with a ready demand (new guild members eager to get a headstart in their new game).
The GGG token
The GGG utility token does what you’d imagine a guild token does. It’s the DAO’s native currency and will be used for platform payments and rewards, and can be staked to earn more yield from farming.
It will also be useful for voting if you’re keen on participating in governance.
Again, another sad case of being a victim of the general market drop, GGG had an ATH of over $15 but is currently trading around 15 cents (04/2023).
Conclusion:
As much as we hate to make the token price such a big reason for a penalty in rating our guilds, it has to be said that you want to join a guild to make money, and especially when it’s all about guilds that profess to be “Play to Earn”. So, the fact that their own token is priced so low reflects badly on their aims and their ability to hold on to tokens – how else do you get so low if not for project stakeholders dumping?
Despite all that, we can’t ignore that GGG is still good enough to join, especially when new slots do come up in these past few months, so new players can still keep coming in. They also continue to sponsor events in popular games, as we described in the community section above.
