Filipinos Playing crypto games for a living - Developer even says it is gambling

[ethereumhunter]

We may have seen a games that offers the prize in the form of money for their members so when the company wants to gives crypto as the rewards, they can do that and invites more people to join. That will attracts more attention from the people to playing the games and gets crypto as the rewards. Maybe that will helps crypto to gets more popular in that country so the number of crypto user will increase.

People will see a new chance to earn money by playing video games. If they can earn some coins and can sell it to the market, they will gets money and can be used to fills their daily needs. It will gives a new passion to them to try to earn money and that will also helps to solve the poverty problem in that country. If some people can earn money and their friends see that is real, they will join and play the video games too.

[uneng]

So here is the video report on this phenomenon making the rounds once more in the land of the Philippines where playing a game can make you enough in riches so to make a living?
You can decide for yourself if this statement has any truth to it or if those companies are just taking advantage of the situation to the impoverished who do not have stable work.

I'm not from Philippines, but I can correlate my experience with P2E games in crypto universe, because I live in a country where the local currency is devalued, and every earnings coming from the internet are totally worth, especially during the boom of these online games.

I played Axie Infinity for a year or so. I made a humble investment by purchasing a cheap Axie's team, without any intentions to have a competitive team, rather I was only looking for a guaranteed daily extra income through the story mode levels, which rewarded me 100 SLPs every day back then, just by playing the game for few minutes. On the golden days of Axie Infinity each SLP worthed 13 or 14 cents, although it has already reached 30 to 36 cents of dollar for a while.

Multiply it for 100 and see how much profit I was making in a daily basis. I was definitely making above an extra monthly minimum wage just by playing the game. However, the point is that these games aren't sustainable. It worked solely for a brief period of time. I could never consider it a solid career or rely on this game for an income. It's too ephemeral and uncertain.

I don't regret anything and it was really good while it lasted, but through the experience I acquired back then, now I realize I should focus my time and effort on more solid and sustainable activites, such as studying and developing a professional career. Playing games for a living at the present time isn't a reality yet, at least not for most players who don't manage to earn through another means such as referrals and social media's content.

[rdbase]

We may have seen a games that offers the prize in the form of money for their members so when the company wants to gives crypto as the rewards, they can do that and invites more people to join. That will attracts more attention from the people to playing the games and gets crypto as the rewards. Maybe that will helps crypto to gets more popular in that country so the number of crypto user will increase.

People will see a new chance to earn money by playing video games. If they can earn some coins and can sell it to the market, they will gets money and can be used to fills their daily needs. It will gives a new passion to them to try to earn money and that will also helps to solve the poverty problem in that country. If some people can earn money and their friends see that is real, they will join and play the video games too.

So here is the video report on this phenomenon making the rounds once more in the land of the Philippines where playing a game can make you enough in riches so to make a living?
You can decide for yourself if this statement has any truth to it or if those companies are just taking advantage of the situation to the impoverished who do not have stable work.

I'm not from Philippines, but I can correlate my experience with P2E games in crypto universe, because I live in a country where the local currency is devalued, and every earnings coming from the internet are totally worth, especially during the boom of these online games.

I played Axie Infinity for a year or so. I made a humble investment by purchasing a cheap Axie's team, without any intentions to have a competitive team, rather I was only looking for a guaranteed daily extra income through the story mode levels, which rewarded me 100 SLPs every day back then, just by playing the game for few minutes. On the golden days of Axie Infinity each SLP worthed 13 or 14 cents, although it has already reached 30 to 36 cents of dollar for a while.

Multiply it for 100 and see how much profit I was making in a daily basis. I was definitely making above an extra monthly minimum wage just by playing the game. However, the point is that these games aren't sustainable. It worked solely for a brief period of time. I could never consider it a solid career or rely on this game for an income. It's too ephemeral and uncertain.

I don't regret anything and it was really good while it lasted, but through the experience I acquired back then, now I realize I should focus my time and effort on more solid and sustainable activites, such as studying and developing a professional career. Playing games for a living at the present time isn't a reality yet, at least not for most players who don't manage to earn through another means such as referrals and social media's content.

Now from what I have checked recently is B2E or browse to earn so what your both saying about companies who want to reward their users could work in other ways too.
After reading this post on X it seems to have a large amount of people already using it at 7 million active users, so giving incentives to their customers seem to not only work in P2E for providing an avenue of income but can also be leveraged into using it for web browsing too:
https://x.com/trycarbonio/status/1810653992705237007

[Julien_Olynpic]

If we talk about the cryptocurrency Axie Infinity, which is mentioned in the start post, then its price actually fell from $150 to about $5, that is, 30 times. This coin reached its peak in 2021 at the local tops of the crypto market. It was then that the game was most popular. But in general, it’s strange that now this game has lost so much popularity and games like it haven’t become viral to the same extent. I read that the development team for this game did not achieve success right away, this was not the first version, but it was the only one that became successful. It is difficult to make a game go viral and gain popularity in an entire country or in several countries. There must be the qualifications of the developers and luck.

[danherbias07]

Now from what I have checked recently is B2E or browse to earn so what your both saying about companies who want to reward their users could work in other ways too.
After reading this post on X it seems to have a large amount of people already using it at 7 million active users, so giving incentives to their customers seem to not only work in P2E for providing an avenue of income but can also be leveraged into using it for web browsing too:
https://x.com/trycarbonio/status/1810653992705237007

Nice share. I will try this one and see where it will go. Maybe I will also ask my wife to install it since she has been trying to make money online too with applications that pay in cryptocurrencies. A sideline aside from her day job.

I just remembered, that she also discussed with me an application where a user will only need to be online for an hour per day and her face revealed in the camera. You don't have to do anything at all and then they will pay based on your points.
She had already cashed out $20 and I asked how long it took before she got it, 1 month. I got sad when I heard that. But the curious part is how these businesses make money by just showing your face in the live stream camera. Up until now, I don't know the answer to it. I am also afraid that they may use that for bad intentions.

[ethereumhunter]

Now from what I have checked recently is B2E or browse to earn so what your both saying about companies who want to reward their users could work in other ways too.
After reading this post on X it seems to have a large amount of people already using it at 7 million active users, so giving incentives to their customers seem to not only work in P2E for providing an avenue of income but can also be leveraged into using it for web browsing too:
https://x.com/trycarbonio/status/1810653992705237007

You are right because that can be more popular as people search for many things. If people can gets rewards from the companies or project that have B2E system, people will be like to try because they can earn something that can helps them to earn money if they sell it.

Many ways we will see coming in the future since the companies wants to makes a profit besides of attract people's attention to use their products. We will see tight competition from each companies that wants to gives something to people because each companies also wants to make a profit too. People who can used it to gets benefits from that will have a new additional sources of income that will helps their finances.

[wiss19]

Aside crypto paid games, alot of people plays video games and earn alot of money from it. I know of some individuals who have been making a living from playing games and surviving through their hard times. It really makes a lot of sense since these games will be paid in crypto. Though we can't tell for now if the pays will be huge enough to cover so much expensive but at least there is a pay a lot of people will take the job. My concern now is i can't really say it's gambling, because you don't put money to play these games but earn from playing them.

I think you are talking about those streamers? Yeah, it's not a secret anymore but I think it's not easy, not only at first because you will need to garner enough audiences. Many have attempted and many have also failed. This is why they say that it is also based on luck and not just skills. If the game can be run in mobile easily and then it can also be played for free, then it's not what you can say expensive in terms of expenses. We can still waste time here though, if it turns out that the pay is only less.

It's actually a good innovation from the fillipines to help out the economy

They are helping their selves first but when they now have a money, indeed that it can also help the economy because there will now be enough demand for the services, goods, etc...

[Dr.Bitcoin_Strange]

People will see a new chance to earn money by playing video games. If they can earn some coins and can sell it to the market, they will gets money and can be used to fills their daily needs. It will gives a new passion to them to try to earn money and that will also helps to solve the poverty problem in that country. If some people can earn money and their friends see that is real, they will join and play the video games too.

Yes, if the video game is actually paying out real crypto that is worth significant earnings if converted to peso, then it is a good advantage that will even be profitable to the citizens, but I feel that in those kinds of activities, you will definitely have to meet some requirements, such as spending so much time by playing continuously, before you can even earn enough coin that can be worth a good amount. The company also has a way of making profit through the activities of their patrons, and they cannot pay more than what they are getting in return. The company will definitely have the lion's share of the profit. Just like casinos always have a high odds of making a profit from gamblers,. 

[Findingnemo]

Just look at the concept which itself is a failure cause it's just free money and anyone who wants to have it can just play the game and have it which means no demand which makes it completely worthless. In the beginning, it might give profits but these all are just short term and it's not new either so the chances of making one-time profit itself is in big question.

And also I just want to mention Gambling involves games but not every game is gambling.

[sunsilk]

If we talk about the cryptocurrency Axie Infinity, which is mentioned in the start post, then its price actually fell from $150 to about $5, that is, 30 times. This coin reached its peak in 2021 at the local tops of the crypto market. It was then that the game was most popular. But in general, it’s strange that now this game has lost so much popularity and games like it haven’t become viral to the same extent. I read that the development team for this game did not achieve success right away, this was not the first version, but it was the only one that became successful. It is difficult to make a game go viral and gain popularity in an entire country or in several countries. There must be the qualifications of the developers and luck.

And it's even harder to retrieve that hype and success that they've got once. Right now, the situation of the game is no longer as viral as before.

Although there are still a lot of players playing the game they're no longer the ones who have been there playing for the money.

Most of the players remaining are the ones that are playing the game to have fun and competition. Money was the motivation before because it seems very easy, you play even just the adventure, you'd get instant and hefty amount of money.

[dansus021]

Filipinos Playing crypto games for a living - Developer even says it is gambling well based on your story this developer just implement the good old days of play to earn so for me this is not gambling and you just play to earn money.

Well if all categories as gambling then playing online game is gambling now, why most of the online game has in game currency that some of it you need to buy using real fiat and thoose in game currency used for an gacha sistem for rare reward you can consider this gambling right haha, heck basically life is a gambling hehe

[ethereumhunter]

Yes, if the video game is actually paying out real crypto that is worth significant earnings if converted to peso, then it is a good advantage that will even be profitable to the citizens, but I feel that in those kinds of activities, you will definitely have to meet some requirements, such as spending so much time by playing continuously, before you can even earn enough coin that can be worth a good amount. The company also has a way of making profit through the activities of their patrons, and they cannot pay more than what they are getting in return. The company will definitely have the lion's share of the profit. Just like casinos always have a high odds of making a profit from gamblers,. 

That will helps citizen to have an income besides of their job. More people will trying to have the same thing like them and that means the chance to make money will be wide openly. But yes, there will be some requirements before they can withdraw their money and that could be a limitation for them to achieve.

The company will making a big profit from people because they design that games and knows how to make money from their games. Before people join to play the games, they must research and make sure that the games really pay and not makes them regrets if they can't make money. Maybe the company will not lets people make money easily because the requirements will not easy to completed.

[Mr. Magkaisa]

    -     It cannot be denied that there are many gamers in the Philippines, and there are also many in this community of the gaming industry who are obsessed with playing games, and until now, especially in mobile games, there are still many people who play them, and there are still people who make money in mobile games, and even in other crypto games like Pixel games that they think are easy, they will actually be played by Filipinos.

Especially now with tap mining apps, it seems like the axie community has given them hope in these games because they don't release money because they expect to earn a large amount, but the truth is that it's not, and it's just a waste of time.

[rdbase]

Just look at the concept which itself is a failure cause it's just free money and anyone who wants to have it can just play the game and have it which means no demand which makes it completely worthless. In the beginning, it might give profits but these all are just short term and it's not new either so the chances of making one-time profit itself is in big question.

And also I just want to mention Gambling involves games but not every game is gambling.

All these video game companies are looking for the secret formula for producing a highly successful concept such as Fortnite had when it was first released.
They were the most popular mobile game of all time where other corporate intellectual property were coming to them wanting to have their product line advertised within their game from the huge number of players they had within their game.

[rodskee]

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.

even studying and finishing cannot guarantee you a high paying job so people tend to just work but then it’s very difficult to get a job in this country if you have no experience prior or you don’t have a degree

The country made headlines in the Axie Games so this is not surprising at all.

it was honestly all over the country and even reached mainstream television e-games are widely played and a lot of people even compete so yes not surprising at all

[avp2306]

Just look at the concept which itself is a failure cause it's just free money and anyone who wants to have it can just play the game and have it which means no demand which makes it completely worthless. In the beginning, it might give profits but these all are just short term and it's not new either so the chances of making one-time profit itself is in big question.

And also I just want to mention Gambling involves games but not every game is gambling.

All these video game companies are looking for the secret formula for producing a highly successful concept such as Fortnite had when it was first released.
They were the most popular mobile game of all time where other corporate intellectual property were coming to them wanting to have their product line advertised within their game from the huge number of players they had within their game.

I think marketing is important for same like fortnite games you able to introduce to people.

But if there's a earning possibilities that it can produce to people then I guess that opportunity will speak up for the project and lots of people will talk about that matter then engage with those games that can give them potential earnings.

Able to earn while playing is catchy thing for a lot of people especially for those people who'd like to play games that's why Axie infinity became so famous even if their graphics is so crap before since people is just playing it because they could able to earn money.

Axie infinity gain this before and I think they are the top NFT game in history.

Top non-fungible token (NFT) game Axie Infinity generated US$1.3 billion in revenue over the past year, reaching a daily peak of US$17.5 million on Aug. 6, 2021, according to a new report from blockchain analytics firm Nansen.

[Peanutswar]

We're in the same country and this kind of thing that people now become dependent with the crypto starts during the Axie era or the play to earn tons of jobless people now hoping they can earn again like that era band now after they get enlightened they can earn more with the crypto they take a risk and join into the different platform and risk their time and effort to earn in the crypto space, base on my observation Filipinos are one of the active projects like currently the Play to airdrop, could be a good news because they are aware with crypto and potential earning but they are now being dependent with this still there are a lot of victims of fake projects.

[Eternad]

So here is the video report on this phenomenon making the rounds once more in the land of the Philippines where playing a game can make you enough in riches so to make a living?
You can decide for yourself if this statement has any truth to it or if those companies are just taking advantage of the situation to the impoverished who do not have stable work.

It’s true for some people especially those early players who play the game before the majority enter. Filipino community has a mindset of following the herd that’s way a ponzi like game like this is very easy to popularized since those early players who got actually paid is promoting it hard to their friends, family and social as if they own the game company.

People who got hype will invest huge amount that will payback game developers and use it as an exit liquidity.

To summarize it, yes it’s true that this kind of game can change someone’s life here but the number of devastated life who invest late is much more compared to those who benefit om game like this.

[Davidvictorson]

The developers makes the most money, even though they're giving free tokens to the players, but they get a lot investment, sponsors, top up from the players, data from the players etc.

Cyber cafe owners should make more money than the players, but if the players are really funny and there are a lot followers donate them money, the players could be rich than the cyber cafe owners.

This means that the developers are the ones up there. They are like the CEOs and the Cyber Cafer operators are like the supervisors and then the players are the employees. The CEOs make the big bucks does little of the job, while the Cyber Cafer operators do their best to bring in players by having the games and whatever is needed in their facility and the players who play away all day do most of the work putting in anticipation of a reward. Only a few players actually become big by just thinking about it. And I think it is likely that they could collaborate with some developers to develop this type of games and then split whatever rewards come in.

[Hispo]

A similar phenomenon happened here in Venezuela as well, but back in the day it did not have anything to do with cryptocurrency, at all. People here started farming gold on Runescape classic, since the big inflationary crisis we have had in 2016. When Bitcoin and cryptocurrency games become well known and kind of a big market back two years ago, it was usual to see young people investing into Axie Infinity and playing the game using rented axies and equipment, I don't think the market here was as big as it was in the Philippines, but it took the play to earn concept to the main stream media.

Whether it is gambling or not, I believe it depends whom one asks. Some would claim play-to-earn is not sustainable in the long term.