Friday, November 22, 2024
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How blockchain games create entire economies on top of their gameplay: Report

Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income countries to weather the fallout from pandemic mitigation measures. The main ingredient for success: strong property rights. Players can take in-game material out of the game and trade on third-party marketplaces

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Better Graphics And More Intense Gameplay Promise To Revolutionize Play-To-Earn Gaming

Play-to-earn games like Axie Infinity exploded in popularity during the COVID-19 pandemic, giving thousands of video games enthusiasts in low-income countries like the Philippines a chance to earn a living. The rise of P2E was a godsend for many, because in the Philippines its gross domestic product declined 9.6% in 2020,

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