Scholarships are contracts and benefits offered by a guild or DAO to renters or, as they’re usually named, “scholars.” Scholars can rent assets from the guild and will, in turn, offer them a profit share of all earnings in the game they play. \
Scholarships became popular for the first time with Axie Infinity, offering players in developing countries the opportunity to play. Guilds like Yield Guild gave people in the Philippines a chance to pay off debts, provide food for their families, or add an additional stream of income to their finances. \
Axie Infinity scholarships changed the lives of thousands of players worldwide, and this innovative renting model, now mostly perpetrated through in-game smart contracts (or lending), is set to revolutionize gaming forever. \