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Author Topic: Filipinos Playing crypto games for a living - Developer even says it is gambling  (Read 1026 times)
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freedomgo
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July 23, 2024, 11:23:59 AM
 #101

This is not stable income for someone to rely on for their livelihood.
Wouldn't you who are reading and writing on this thread wholeheartedly agree with me on this or not?
I've seen some desperate people who dabble in low-income jobs with terrible environments because they don't have much choice with it, so yeah it's not that surprising if some people think easy games with money are worth their time. At the end of the day if they don't get anything from this they'll eventually stop playing, or worse get addicted and fall into some trouble later on. Educating them probably won't work without giving them some tools to survive on their own, so that's that.

If they aren't risking money like in real gambling, then it's not an issue if they get addicted, as that would only mean they're making a lot of money. The risk would probably be their health, as they might not have a balanced life due to their addiction to making money through games. However, this trend is not going to last forever, so it's understandable why they're taking the opportunity to earn while they can.

Life is not easy in the Philippines, a country where corruption is rampant. This leads to a struggling economy and increased poverty, but people trying to find a way to earn money honestly should be commended for their efforts.

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July 23, 2024, 11:25:31 AM
 #102

Telegram bots have become a trend, not just here in the Philippines but also in other countries. They are completely free and can be played using a phone. This is favorable for those who don't have a PC and the capital to start in crypto. However, it's not yet at the level where it can sustain or provide a living. It will take months before their airdrop, and it's not even guaranteed that the project is legitimate and will make an airdrop. Not to mention the price and amount of tokens you will receive. But it's a good starting point.
Whatever is trending, and as long as there's money involved in it, add also the fact that it's FREE then our countrymen will always be there doing anything just to earn a few bucks.

I don't blame those people who are joining these Telegram bots since I also tried to join Hamster Kombat just to see how it is, but I hope that our countrymen will not get disappointed on how much free money they will get when the airdrop starts. The fact that it's completely free meaning it will be oversaturated. The amount of people that joined isn't directly proportional to the amount of airdrop tokens hence, they will only get a small amount that they will say "it isn't worth it". That's for sure. Airdrops isn't a sustainable way to provide a living. Also to think that it's free meaning anybody can join and create multiple accounts if they can do it.

Is it a good starting point? Yes it is, but I hope that our countrymen will lower their expectations when it comes to projects like this. Joining into these telegram bots that turns out to be an airdrop project isn't worth it for me since many will try to register, and knowing that it's free, it will not be worth it.
That is the problem. Their "expectations" especially those newbie in crypto. It's like, they are putting all their hope in those TG games already. I've seen how anxious other players are when HK was down. Like what the heck are they panicking about? I was like that when I saw them. They can't even handle such simple situation. Down system is such a normal thing.

There's another one, the Blum. Many panicked when there is "hack" thing showed in their screen. Lol. I don't know if they are just weak-hearted. It's a free opportunity, nothing to lose, nothing to worry. Just a common sense and they will know if it's a real hack or not.

They are over expecting on unsure things and that's the problem what I see on that case. They always show that they are willing victim of those potential scams and also a free helper for spreading the information about their shady project.

That's why people should kill the idea about getting quick riches on those NFT games especially those airdrops since everything is unsure. Maybe they should find more better opportunity since from that there provably a big chance that there life might became more better.

The real problem is ignorance of people that's why its important for people to get knowledge first before they participate on something risky so that they will not came into a point that they get easily fooled by certain issues.

R


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July 23, 2024, 01:56:56 PM
 #103

This is not stable income for someone to rely on for their livelihood.
Wouldn't you who are reading and writing on this thread wholeheartedly agree with me on this or not?
I've seen some desperate people who dabble in low-income jobs with terrible environments because they don't have much choice with it, so yeah it's not that surprising if some people think easy games with money are worth their time. At the end of the day if they don't get anything from this they'll eventually stop playing, or worse get addicted and fall into some trouble later on. Educating them probably won't work without giving them some tools to survive on their own, so that's that.

If they aren't risking money like in real gambling, then it's not an issue if they get addicted, as that would only mean they're making a lot of money. The risk would probably be their health, as they might not have a balanced life due to their addiction to making money through games. However, this trend is not going to last forever, so it's understandable why they're taking the opportunity to earn while they can.

Life is not easy in the Philippines, a country where corruption is rampant. This leads to a struggling economy and increased poverty, but people trying to find a way to earn money honestly should be commended for their efforts.
Yes, but you need to also understand. Gambling is not all about money either.
You can gamble with your health aswell.

So just as you have pointed out, there is an issue there for those who are spending vast amounts of time on these platforms wanting to earn as much rewards as possible so to cash in those rewards for the local currency.
These P2E games can be dressed as harmless games but in reality can be addictive and harmful to people who don't see themselves as having an addiction to them.
And can be just as harmful to an individual who is spending every waking hour gambling at a casino.

In other news, Telegram has now nearly a billion users thanks to these online gaming releases such as Hamster Kombat:


https://beincrypto.com/telegram-hits-950-million-users-amid-crypto-gaming-euphoria

As there is an airdrop posed for this game, so many are expecting it to make them millionaires.
If this sort of mindset doesn't sound to you like gambling then I don't know what will. Cheesy

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July 24, 2024, 04:17:35 AM
 #104

^
Yeah, here we go again, just like the Axie Infinity hype. It is gambling because you tend to buy something on their game although they will say it is a play-to-earn game. I did that before buying an entry fee or investing something so you can either start the game or because you won't progress if you don't buy it.
It's obvious that it will always be a pyramid scheme, the early bird catches the biggest worms and it had been happening for every game that I tried and played.
For my fellow Filipinos, just be careful with what you will invest with. Do deep research please.
https://news.bitcoin.com/leader-of-russian-state-dumas-financial-market-committee-labels-hamster-kombat-a-scam-and-calls-for-its-termination/
Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination
Quote
Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized that ‘Hamster Kombat’ manipulates the psyche of citizens, leading them to believe that they can become wealthy with minimal effort through playing this type of game.

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July 24, 2024, 09:05:22 AM
 #105

Can you really trust in what the Russia governing state has to say? It might be politically motivated because isn't the founder of Telegram from there? There are always something in the background causing these bans and terminations of a service.

Remember the very first video I posted on this thread?
There was a developer from PH and he was creating a P2E game.
So are you telling me none of these are legitimate and they will eventually scam their users in the end of playing and spending so much time and effort into these games?

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July 24, 2024, 10:00:39 AM
 #106

Can you really trust in what the Russia governing state has to say? It might be politically motivated because isn't the founder of Telegram from there? There are always something in the background causing these bans and terminations of a service.

Remember the very first video I posted on this thread?
There was a developer from PH and he was creating a P2E game.
So are you telling me none of these are legitimate and they will eventually scam their users in the end of playing and spending so much time and effort into these games?
Not that 100% trust on the words they say since we also need to have critical thinking to determine if there warning is political motivated and if they are aiming something in benefits for theirselves. But in the case of Hamster combat I guess they have point upon giving such warning to people since its like they are promising something that cannot convert into good and people might just get disappointed with them.

Yeah they gather lots of people since to many people market them as easy way to earn money that's why lots of people think about its easy to earn money by just simply participating on those tap games on telegram. The idea and execution is so simple and many people hope to get a lot of money this is the reason why Hamster combat community became huge.

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July 24, 2024, 10:27:12 AM
 #107

Can you really trust in what the Russia governing state has to say? It might be politically motivated because isn't the founder of Telegram from there? There are always something in the background causing these bans and terminations of a service.

Remember the very first video I posted on this thread?
There was a developer from PH and he was creating a P2E game.
So are you telling me none of these are legitimate and they will eventually scam their users in the end of playing and spending so much time and effort into these games?
Not that 100% trust on the words they say since we also need to have critical thinking to determine if there warning is political motivated and if they are aiming something in benefits for theirselves. But in the case of Hamster combat I guess they have point upon giving such warning to people since its like they are promising something that cannot convert into good and people might just get disappointed with them.

Yeah they gather lots of people since to many people market them as easy way to earn money that's why lots of people think about its easy to earn money by just simply participating on those tap games on telegram. The idea and execution is so simple and many people hope to get a lot of money this is the reason why Hamster combat community became huge.
You can trust in whatever that you want to. It is a freedom of having a working mind in deciphering things for yourself and not relying on others to do it for you.
But having a Russian CEO and having a financial state of that country getting your application banned outright seems very nefarious to me.

Here is what I posted at the beginning of this thread about it:
Noticed today on a crypto-influencer channel I was watching they mentioned about new Play To Earn games and they mentioned about this thread I highlighted above and it is infact the very same concept:

https://www.coindesk.com/consensus-magazine/2024/07/08/what-hamster-kombat-did-how-telegram-built-a-web3-gaming-juggernaut

They have millions of new players in the last couple of weeks from when they first launched which is really something to keep on your radar when it comes to these things.

The other ones they had mentioned were Bunny Blitz:
https://www.cryptonite.ae/global/bondex-launches-bunny-blitz-telegram-game
https://www.cryptopolitan.com/bondex-reveals-new-telegram-game

Then to a lesser degree one on shib from the failed not coin:
https://cryptonews.com/news/is-notcoin-doomed-not-price-falls-5-amid-viral-surge-of-new-shiba-inu-alternative.htm
This was from a clicker app which was taken over by botfarms.

Most of these new P2E games are deployed on the platform telegram.

And at the beginning I had noticed there was a sort of announcement created for this game when it was first released atleast here on the forum by their thread:
-snipped
Funny that you mentioned Undead because for the very first time I seen and actually noticed it while visiting a Coin Price Market website as an advertisement and clicked on it. All because I had  posted about this earlier today and wanted to see if it was one of these Pay to Earn games. And was in the least surprised when I did, that it was.

Now there was this thread I had noticed with the same concept over at the altcoin topic that might be the same:
https://bitcointalk.org/index.php?topic=5499333.0

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Today at 03:30:36 AM
 #108

^
Regarding that game, I hope this won't boost the hype about that game or whatever it is because I am still in doubt about it.
OKX Adds Hamster Kombat’s HMSTR Token to New Pre-Market Futures
https://dailycoin.com/okx-adds-hamster-kombats-hmstr-token-to-new-pre-market-futures/
Quote
According to the official press release, the first addition to OKX’s pre-market futures will be the Telegram mini-app game Hamster Kombat’s HMSTR token. This allows users exposure to HMSTR without holding the underlying asset.

Quote
But despite the game’s popularity, Hamster Kombat has irked global regulators, with Russian authorities warning that it might be a “pyramid scheme” built on passive income deception. In Iran, the army chief labeled the game a “soft war” against the country.

It is a pyramid scheme, I don't doubt it. Where else will they get the funds to pay for players who are using the game? Truly, this project has attracted a lot of users and it's scary to think that we have not yet learned our lesson from different projects in the past that have the same feature.
It's just the same as the crypto games that I played before. There will be features that can only be accessed by those who invested money to generate more profits but at the end of the day, those who invested last will have some trouble making their ROI especially when this game suddenly rug-pulled the project.

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Today at 03:55:29 AM
 #109

We are from the same country, and yes, so many people are like this in our country. We have a very high unemployment rate, the minimum wage is not enough to feed a family of four, and the inflation is very high, so we will take whatever the internet offers.

As one guy in the video summarized, even if the game is bad, we will still take it because there is money to be made; that guy, instead of tilling their farm, opted to sell an online farm to online buyers.

So instead of looking for jobs or studying, many young people choose this kind of job even to the point of working 12 hours daily; they can earn three times what the average worker is working at the same hours.
The country made headlines in the Axie Games so this is not surprising at all.

It is sad to hear that you have such a difficult situation in your country. It is really difficult when high unemployment and low wages prevent people from providing for their families. I hope that the Philippines can come out of the crisis and improve the economic situation so that people can find stable and decent jobs.

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