IndiGG is a blockchain gaming DAO focused on the Indian market, operating as a regional sub-DAO of Yield Guild Games (YGG) – one of the largest play-to-earn guilds in the world. Launched in 2021, IndiGG was built to onboard Indian gamers into Web3 economies by providing scholarships, community infrastructure, and governance participation through its native INDI token. India's combination of a massive gaming population, high mobile penetration, and growing crypto adoption made it a natural target for a dedicated sub-DAO structure.
The organisation raised an initial funding round – exact figures have not been fully disclosed publicly – with backing channelled through YGG's broader ecosystem. IndiGG operates on a DAO model: INDI token holders vote on treasury allocations, scholarship programmes, and partnership decisions. Public information on total assets under management is limited; the DAO's treasury value fluctuates with in-game asset prices and token markets, neither of which IndiGG discloses on a regular reporting schedule.
Notable investments and portfolio
- Axie Infinity – scholarship positions in the foundational play-to-earn title that underpinned the early YGG model
- Yield Guild Games (YGG) – structural alignment as a sub-DAO, with cross-holding of YGG tokens in treasury
- Various Web3 gaming titles – IndiGG has onboarded scholars across multiple games in the YGG ecosystem; specific project names beyond Axie have not been consistently disclosed in public filings
Public information on the full list of IndiGG's five portfolio investments is limited. The DAO has not published a formal portfolio page as of early 2026.
Team
IndiGG was co-founded with close ties to the YGG core team, which includes Gabby Diaz, Beryl Li, and Owen Fernandez at the parent level. The India-specific leadership has included community and operations leads drawn from India's gaming and crypto scene, though individual team members have not maintained high public profiles. Public information about named managing partners specific to IndiGG's investment decisions is limited.
Recent activity
Like the broader play-to-earn sector, IndiGG faced significant headwinds after the 2022 crypto downturn. Axie Infinity's in-game economy collapsed, reducing scholarship income across all YGG sub-DAOs. IndiGG shifted focus toward broader Web3 gaming – moving beyond single-game scholarships toward a multi-game community model. YGG itself restructured in 2023, repositioning as a gaming community and publisher rather than a pure scholarship guild. IndiGG's activity level in 2024–2025 has been modest relative to its 2021–2022 peak; public announcements have slowed and the INDI token has seen low trading volume.
IndiGG's long-term relevance depends on whether Web3 gaming can produce titles with genuine retention in India's mobile-first market. The DAO structure gives it flexibility to pivot, but the collapse of the play-to-earn model it was built on has left its investment thesis under pressure. Investors tracking this DAO should watch YGG's parent-level strategy shifts as the clearest signal of where IndiGG is headed.