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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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rdbase (OP)
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July 16, 2024, 11:50:39 AM
 #81

As mentioned before, it is gambling because anytime a player needs to put any sort of investment into one of these platforms then it is just that - taking a risk.
And what is gambling? Risk taking.
And you are obviously investing one's time into the game.
Are you not? Wink

This is a clever point on the risk of playing games to be incorporated in gambling. I do understand the point since I consider my time as precious especially if I’m investing it to something that I knew that it will generate profit.

Those fellow Filipino players is indeed gambling for investing time for this game hoping to gain profit later on. There’s a lot of success and horror story for this kind of game but people keeps entering knowing the risk involved since Filipino love gambling even with their time.

That's true. I cannot even remember how much time and effort I put into the game Mir4 just so my character could get stronger and I could join the top clans that give more perks daily. Thanks to that, I get items that are not available for players that are not on the top and also you can mine the Darksteels without anyone doing a PK because the clan owns the mining field. Those are the ones that can be sold for real money and I actually made it happen for like a year or more.

Truly, it's a time-consuming thing and I agree with OP that it's also a gamble. I may not have spent a dime for that game but every day you cannot be offline or else you will be kicked out and it will be difficult to have the same perks with another clan.
Gaming is a gamble Grin

Remember when I mentioned about one of the play to earn games which was gaining popularity?
Hamster Kombat which I didn't know anything about but posted a link to their ANN thread a while ago.
Well there was something posted a week or so ago by another thread I noticed by a crypto exchange visa card company:

https://bitcointalk.org/index.php?topic=5145162.msg64310024#msg64310024

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July 16, 2024, 01:12:26 PM
 #82

~
Well. I was not even aware it was called the "Green Dragon genocide" and it has turned away members of the game.  Tongue . To be honest, I thought the economy of a game which is as massive as RuneScape would have not been affected by gold farming from Venezuelans, but I assume I could be wrong, we are talking of thousands of people affecting a single game.

They were forming only spots in which you could easily get gold with a high account, so in case they got banned they would not lose much, so they were easy to identify by congregating in some spots, and yeah many players started hating them, speaking Spanish was a deal breaker!

It is good also to have the perspective of the gold famer and realize those weren't people who wished to harm the game or harm others within the game, they just happened to find a reliable source of income in the least expected place of the internet.

I don't think any of them wished to harm the game, but they did anyhow, it was a simple thing of demand and offer, and it annoyed players who played for short periods as suddenly the balance was broken.

Play to earn without investment is imposible, it would really be needing up those funds to circulate around and if there would really be no new investors that would really be engaging in, then you could really be able to expect that it would go down and this is something that could really happen.

Well, 99% of the ones jumping on this don't understand this aspect, they don't understand that even crypto needs new money to grow, all those airdrops out of nothing that made some money, free stuff given away have somehow managed to insert the notion that you can make real money out of thin air without anyone actually putting down that money.

Unfortunately, it will come a day of revelation for everyone, sooner or later.


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July 16, 2024, 04:30:05 PM
 #83

...



It would seem to me that you were playing the game in question during those times people from Venezuela was farming for a living. How badly was the market within the game affected by the over-generation of gold ? And the exclusion of people who wished to get to those green dragons but could not because Venezuelans?

I assume when you talk about those affected, you mean the price of the items which costed gold started to exponentially increase within the game and so, new players had a harder time getting their equipment.
I would like you to explain and give further context, as I have never played the game myself, but I find these stories interesting.

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July 17, 2024, 05:19:49 PM
Merited by rdbase (1)
 #84

To the question: can you earn money playing video games? Yes, and at all income levels; micro, high, Hroller, it is not new and in fact, there are little-known niches in the crypto world, like Roblox, etc. where just by being a map creator, you can earn thousands of dollars.

The thing with the crypto world is that developers "fuck up" the ecosystem, when they sell, then they reinvent themselves, another game. Just do the right thing, these ecosystems do not depend on professional players, they depend on the millions of players who believe in making money in a few clicks.

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July 20, 2024, 10:04:14 AM
 #85

To the question: can you earn money playing video games? Yes, and at all income levels; micro, high, Hroller, it is not new and in fact, there are little-known niches in the crypto world, like Roblox, etc. where just by being a map creator, you can earn thousands of dollars.

The thing with the crypto world is that developers "fuck up" the ecosystem, when they sell, then they reinvent themselves, another game. Just do the right thing, these ecosystems do not depend on professional players, they depend on the millions of players who believe in making money in a few clicks.
Very true famososMuertos man!
But those who are in countries where playing a game as much as one can in a day is profitable to themselves and puts food on their families table, I don't think they really care about anything else but getting those rewards so they can cash in.
To me it is their fiat system that is F'd up if some company's tokenized rewards are worth more than working 8 hours per day at a regular 9-5 job to most of these places where it is more advantageous to them to be playing a mere video game instead.

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July 20, 2024, 10:21:37 AM
 #86

To me it is their fiat system that is F'd up if some company's tokenized rewards are worth more than working 8 hours per day at a regular 9-5 job to most of these places where it is more advantageous to them to be playing a mere video game instead.

Not only about games but there have been a lot of ways for people to earn more money than they could earn from an average 9 to 5 job and this isn't because of fiat systems being outdated or anything but it's because the online world is generating better opportunities for people with enough knowledge and skills so that they can earn a living and have a better life without having to worry about getting a job or something.

Many people struggle to get good jobs, either because they aren't very good with public dealings or they don't find good opportunities, such people can use their knowledge and learn some skills and then use those skills to earn good money from the comfort of their home, it's hassle-free and it makes people earn a living from their homes.

The next generations will be more into these things, physical jobs will be reduced heavily in the future, and things will be done virtually.

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July 21, 2024, 12:03:20 AM
 #87

But not only the next generations such as gen X or Z are using these games to make money.
But grown ups beyond their 40's are doing these sort of P2E games so to feed their families.
Which is kind of weird when you first hear about it.
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?

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July 21, 2024, 02:20:19 AM
 #88

To the question: can you earn money playing video games? Yes, and at all income levels; micro, high, Hroller, it is not new and in fact, there are little-known niches in the crypto world, like Roblox, etc. where just by being a map creator, you can earn thousands of dollars.

The thing with the crypto world is that developers "fuck up" the ecosystem, when they sell, then they reinvent themselves, another game. Just do the right thing, these ecosystems do not depend on professional players, they depend on the millions of players who believe in making money in a few clicks.
I'd like to put an emphasis on the part where these developers reinvent themselves which in my opinion, doesn't really happen because most of them recycle the same concept and the only difference is that some are good at marketing that they're different or that they're a brand new thing when in reality and when you look much closer to what they're doing, it's not any different so there's basically no innovation or novel thing that happened whatsoever in the regard, that's why the crypto gaming hype quickly lost it's traction and hype, because a lot of developers didn't want to go for the long-term, they want the quick hype and quick cash grab.

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July 21, 2024, 02:53:06 AM
Last edit: July 21, 2024, 03:03:15 AM by Sandra_hakeem
 #89

Whenever these developers wanted to make a Play-2-Earn game, their target is always our country - the Philippines. I mean why not? Axie Infinity, Pegaxy, Plants Vs. Undead are the ones that became popular P2E games when it was on hype, and for sure, many people made huge money playing on it.
Are you boldly telling us how credulous the people in Philippines are? I can't help but ask you this; why's that the case? Yeahh, cause we've got really tough set of people over here that will never fall for anythingi.
Quote
Playing while earning. This what makes it attractive and for a developing country like the Philippines, it's really attractive especially if you realize that you can earn way more than working 8 hours earning only minimum wage and the best part is[...]
If everything begins to follow the pay-to-play scheme, aren't we gonna have free, but competitive games we could just hop on and play, just for fun?? It's obvious that everyone has to take an advantage of the technological transformation over time as a source to create wealth - regardless of if this was about the game providers, or the gamers themselves. It shows me a different approach; The game has lost its relevance and is also a promising route to fall for online betting companies.

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July 21, 2024, 03:08:12 AM
 #90

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.
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July 21, 2024, 11:46:26 AM
 #91

But not only the next generations such as gen X or Z are using these games to make money.
But grown ups beyond their 40's are doing these sort of P2E games so to feed their families.
Which is kind of weird when you first hear about it.
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?
Yeah, at least I agree with you saying that is not stable income for someone to rely on their livelihood. They can use it to playing the games to make money but not rely on it as they will difficult to collect the money. The games, all games have a purposes to gives fun to people in their spare time so they can enjoy the games with their friends or relatives. Yes, adult people also likes playing P2E games as I meet some friends who play games. But they don't play to make money but only for fun.

If they wants to make money, they can use other ways which can gives them a chance to make money. While they have jobs, they can playing the games in their spare and if they are lucky, they can make additional money for their children. But don't thinks that for their main job.

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July 21, 2024, 12:28:33 PM
 #92

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.

People now transfer to Telegram after this game trends and people before using a telegram for just casual communication and now the same with the X former twitter this is one of their tool now, I don't deny people keep hoping that this trending new NFT will become a life changer we know the axie becomes trend and people keep casually spend their money and now they hope this will happen again so possible they will change their life or do the casual spending again. As per checking this game already crowded and if they will release their token in the market sure it will immediately crash.

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July 21, 2024, 03:08:21 PM
 #93

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.

People now transfer to Telegram after this game trends and people before using a telegram for just casual communication and now the same with the X former twitter this is one of their tool now, I don't deny people keep hoping that this trending new NFT will become a life changer we know the axie becomes trend and people keep casually spend their money and now they hope this will happen again so possible they will change their life or do the casual spending again. As per checking this game already crowded and if they will release their token in the market sure it will immediately crash.

If Axie was very popular before and now has dumped a lot, although its volume is still good since it's trading on a big exchange, how much more for this one that is not yet popular in the overall market? I think they know that if they do that, they won't benefit, so maybe they are waiting for the market to be bullish to gain more buyers and make more money during those bullish moments in crypto.

It's been years since we've witnessed an altcoin bull run. Hopefully, it will come soon, but I'm also hoping that people will not fall for the trends that will just leave them with losses after the hype of the bull run subsides.

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July 21, 2024, 03:22:26 PM
 #94

But not only the next generations such as gen X or Z are using these games to make money.
But grown ups beyond their 40's are doing these sort of P2E games so to feed their families.
Which is kind of weird when you first hear about it.
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 agree, it's not a stable income. Sure they will make money out of those games but it's not a thing that could benefit you when you retire. You will receive nothing or worse, the game will end and you will have to start all over again by finding a new game that could make money and it's not going to make as good as the past one because you are starting from scratch.
I would not want to end up in that position where all my profits are slowly running out because I have to invest something in the new game so that I could rush the income that will come which is mostly the case in the gaming industry. You want to be on the top, you purchase what's needed to be purchased so you can feel the income faster and higher.

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MarvinHagler
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July 21, 2024, 03:36:40 PM
 #95

There is no problem with incentivising players with prizes or monetary rewards.

The issue is when the player becomes unhappy with such small rewards and wants something bigger.

This is how a gambling addiction can start.
rdbase (OP)
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July 23, 2024, 02:34:54 AM
 #96

There is no problem with incentivising players with prizes or monetary rewards.

The issue is when the player becomes unhappy with such small rewards and wants something bigger.

This is how a gambling addiction can start.
Well that is what I have been saying about these play to earn games.
They don't look to be addictive at first but they draw you in with higher rewards until it feels like you are gambling.
And the addiction sets in because they seem to paying you more and more when you play.
But those can be reduced afterwards so you are kind of stuck with having to keep playing. So you don't feel as if you are losing out of your time used to get that far into the game in the first place.

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July 23, 2024, 03:29:31 AM
 #97

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.

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Jating
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July 23, 2024, 03:55:28 AM
 #98

There is no problem with incentivising players with prizes or monetary rewards.

The issue is when the player becomes unhappy with such small rewards and wants something bigger.

This is how a gambling addiction can start.

It's two folds though, how the game is design, could it be really be attractive to us, and then second, what are the incentives? And so at first I will say that it was really the incentive though, as how much it can give to a player itself. However, when the game starts to bore real gamers, despite the incentives, I don't think that they are going to stay on that game for so long.

The thing is that they might not really look at this games with regards to monetary rewards. Maybe they want to test it out first and see how they can be played and then they will talk about the incentive later. And Axie used to be like that as it is the prime mover in this P2E sector. But gamers grew tired of it and could have move to other P2E as there are a lot of Blockchain games since the advent in 2018.

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Shinpako09
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July 23, 2024, 04:06:22 AM
 #99

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.
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July 23, 2024, 11:16:46 AM
 #100

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.

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