Overview
- YGG announced Monday that it will fully retire YGG Play on August 1 and take down the YGG Play website, launchpad and titles including LOL Land and Waifu Sweeper.
- The move eliminates 35 roles; the company said affected staff will receive eight weeks of pay and placement assistance during the transition.
- YGG said it will repurpose resources toward two priorities: selling gameplay and behavioral datasets for AI training and supporting community-focused play-to-earn projects.
- The firm reported a Q1 treasury of $20.6 million and said the restructuring should extend its operating runway to about four years.
- The decision reflects a broader pullback in web3 gaming after the 2021 play-to-earn boom and Axie Infinity’s collapse, and some third-party games such as Gigachatbat and Ragnarok Breaker will continue under their original developers.