The Guild and Scholarship market cap today is $850 Million, a -1.6% change in the last 24 hours. Read More about Guild and Scholarship
Guilds are decentralized autonomous organizations (DAOs) that invests in NFTs like game assets and rent them out to players. Players who receive rented game items are known as scholars and can be said to receive a scholarship. Guilds are an important component in the play to earn (p2e) ecosystem as these games require an upfront investment capital for players to participate in. Axie Infinity brought the popular model of play to earn and guilds which is not mainstay in the entire blockchain industry.
