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Author Topic: Filipinos Playing crypto games for a living - Developer even says it is gambling  (Read 1608 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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July 30, 2024, 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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July 30, 2024, 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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July 30, 2024, 12:47:26 PM
 #110

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.
Heard that it is listed on some well known exchanges.
Might already be on Binance on their Binance chain or even Coinbase with their base chain.
So if there is any doubt, it doesn't really matter since it has corporate investors invovled.
Thus does not really matter at this point of the game, if you know what I mean.

As for it being a ponzi scheme, when the players are getting paid I really don't think they care if it is or not.
They will roll with it just as long they are getting paid until that it stops then they know the game is over at that point.
Literally.

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July 30, 2024, 01:37:29 PM
 #111

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.
The solution is working abroad, Filipinos have decent English skill, hard worker and humble, so developed countries do need them for blue collar jobs. Even though they only earn minimum wages in developed countries, but the salary is enough to survive there and they can still send some amount for their family.

As for it being a ponzi scheme, when the players are getting paid I really don't think they care if it is or not.
They will roll with it just as long they are getting paid until that it stops then they know the game is over at that point.
Literally.
Literally it happens in most projects, when the price is too high, the owner choose to sell their coins and abandon the project because it's not easy for project to survive after first ATH.

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July 30, 2024, 05:24:25 PM
 #112

^
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.

However, millions will think they are still early enough so they will try to get ahead of those in the rear by spending a bit, then by working their asses off worse than at a normal job, and the world will only know about those that were truly the first and made hundreds of thousands while the millions left will pennies will not make the news.

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.

Oh, nice

Quote
Now the game is so popular that Rear Admiral Habibollah Sayyari, Iran’s deputy chief of the military, accused it of being part of the West’s “soft war” on Iran’s government. As the AP reported, Sayyari said that “One of the features of the soft war by the enemy is the ‘Hamster’ game.”

I find it a bit ironic, after Russia was airing clips on how Europeans will eat their hamster pets because of famine and cold, now suddenly we're sabotaging their economies and the brains of their citizens with virtual hamsters.

What would be interesting would be to see the geographic spread of this, I have a feeling it's deepening correlated with the average wage.


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July 30, 2024, 05:27:33 PM
 #113

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.
The solution is working abroad, Filipinos have decent English skill, hard worker and humble, so developed countries do need them for blue collar jobs. Even though they only earn minimum wages in developed countries, but the salary is enough to survive there and they can still send some amount for their family.
...
I hope that someday Filipinos will be able to find good work opportunities at home and won't have to go abroad to make a living. It would be great if the economic situation improves enough so that people can stay with their families and still earn a decent income.

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August 02, 2024, 10:48:07 AM
 #114

~snip

Heard that it is listed on some well known exchanges.
Might already be on Binance on their Binance chain or even Coinbase with their base chain.
So if there is any doubt, it doesn't really matter since it has corporate investors invovled.
Thus does not really matter at this point of the game, if you know what I mean.

As for it being a ponzi scheme, when the players are getting paid I really don't think they care if it is or not.
They will roll with it just as long they are getting paid until that it stops then they know the game is over at that point.
Literally.
Yes, I think it is. That's the plan in their roadmap, to be listed in different exchanges in July of 2024 so they might've listed also in not so popular exchanges but it's still going to help boost their hype and I don't think that would do good for the crypto community.

Another country is claiming this game has become a problem for them.
How Telegram Game Hamster Kombat Got 300 Million Users—and the Ire of Iran’s Military
https://www.wired.com/story/telegram-game-hamster-kombat-massive/
Quote
You are a hamster, you want to get rich, and you’re also the CEO of a crypto exchange. This is the premise of Hamster Kombat, the new Telegram “mini-game” that claims to have more than 300 million players. It’s become so popular that in June, an Iranian military leader accused it of distracting voters amidst the country’s elections, saying it was a tool in the West’s “soft war” against Iran’s theocracy.

So we could say many Iranians are also playing this game. It looks like it is widespread in most of the countries in Asia because many Filipinos are also hooked on this. Well, it's okay if they will have nothing to lose but when you invest something, be sure to pull out when there's a chance for profit.
Still, I would not recommend it to anyone. It may not take your money as a free player but the time will be a distraction to our daily household/work tasks just like what Iran authorities are saying.

After reading that article I got curious, I tried checking what was happening as a free player only. I don't know why it's a distraction since there are only tasks that can be done once. Maybe I am missing something or it's different when you are invested.

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August 05, 2024, 05:36:42 PM
 #115

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.
The solution is working abroad, Filipinos have decent English skill, hard worker and humble, so developed countries do need them for blue collar jobs. Even though they only earn minimum wages in developed countries, but the salary is enough to survive there and they can still send some amount for their family.
...
I hope that someday Filipinos will be able to find good work opportunities at home and won't have to go abroad to make a living. It would be great if the economic situation improves enough so that people can stay with their families and still earn a decent income.
If they cant be able to find online, then why they cant really just that find out locally or physically? It is really just that there are people who are really that too lazy on doing stuffs.
When it comes to opportunity then there are really tons of opportunity on which you could really be able to take or something that you could really be able to deal with.
As for making up some living via gambling then it would really be just that 101% gamble and its not something that would really be worth that you should be taking into consideration.

Gambling should really be just that for fun and on the time or moment that you do see yourself that engaging into it then enjoyment and entertainment is something that could be felt.
There are really just that people's desperation on what makes other people who do have what it takes despite of that huge potential loss or negative then it
will really causing up such huge problem.

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August 08, 2024, 02:02:07 PM
 #116

Ton coin telegram's token gets listed on Binance:
https://www.theblock.co/post/310222/binance-toncoin-ton-spot-trading

Even though CZ is in jail until September, so he will be released next month.
https://www.fxstreet.com/cryptocurrencies/news/bnb-rallies-as-cz-begins-jail-term-202406032024

Sentenced in April but paid the fine so reduced to 4 months:
https://www.coindesk.com/policy/2024/06/03/former-binance-ceo-cz-begins-4-month-prison-sentence-in-california
https://www.cnbc.com/2024/04/30/binance-founder-changpeng-zhao-cz-sentenced-to-four-months-in-prison-.html

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August 09, 2024, 10:56:07 AM
 #117

While checking youtube early today noticed these playable games within the site:
https://www.youtube.com/playables

They say no downloads.

So are big tech companies starting to see how successful these in-games are and looking to capitalize on it from the wake of telegram P2E games?
Seems like they are testing the waters then might start their own ecosystem of tokenization in the future if the numbers are right to them,

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August 09, 2024, 12:15:00 PM
 #118

So, I am still testing that Hamster Kombat game and I think I know now why Iran's government is calling it a distraction. The game requires time to acquire the points because it replenishes so quickly that you almost have to open it every hour or less just to get those points. Then, there are the other daily rewards and how to earn more that will take some time to receive them.
Now I realize this is not just an idle game, it's like you are playing a text-based game in exchange for rewards and you are upgrading your skills to acquire more of the tokens. I have not opened it for like 2 days and I saw that it didn't give me the points that I should have considering it should be more.
Still, I am not hooked on this game, I don't find it appealing, Iran is probably right that this is just a distraction and could be a waste of time in the future.

Also, I have not seen yet where is the part that players could buy the coins to rush their token accumulation.


While checking youtube early today noticed these playable games within the site:
https://www.youtube.com/playables

They say no downloads.

So are big tech companies starting to see how successful these in-games are and looking to capitalize on it from the wake of telegram P2E games?
Seems like they are testing the waters and then might start their own ecosystem of tokenization in the future if the numbers are right to them,
Checked. It says the page is not available. Have you seen what's inside of it?

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August 09, 2024, 12:31:29 PM
 #119

So, I am still testing that Hamster Kombat game and I think I know now why Iran's government is calling it a distraction. The game requires time to acquire the points because it replenishes so quickly that you almost have to open it every hour or less just to get those points. Then, there are the other daily rewards and how to earn more that will take some time to receive them.
Now I realize this is not just an idle game, it's like you are playing a text-based game in exchange for rewards and you are upgrading your skills to acquire more of the tokens. I have not opened it for like 2 days and I saw that it didn't give me the points that I should have considering it should be more.
Still, I am not hooked on this game, I don't find it appealing, Iran is probably right that this is just a distraction and could be a waste of time in the future.

Also, I have not seen yet where is the part that players could buy the coins to rush their token accumulation.


While checking youtube early today noticed these playable games within the site:
https://www.youtube.com/playables

They say no downloads.

So are big tech companies starting to see how successful these in-games are and looking to capitalize on it from the wake of telegram P2E games?
Seems like they are testing the waters and then might start their own ecosystem of tokenization in the future if the numbers are right to them,
Checked. It says the page is not available. Have you seen what's inside of it?
Yes here are the games available to play but only within the youtube site:

So it might be region restricted.

As for Iran's restriction on Hamster Kombat towards their citizens, they are a country looking to designate war recently so they are restricting any outside influence that can be detrimental to their region's security and this a warranted action by their military.

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August 14, 2024, 10:50:45 AM
 #120

How is Hamster Kombat been progressing lately. Their token value had gone down with the downturn in the cryptomarket in the past week aswell?

Those tokenomics would effect the gameplay if their players are not receiving what they use to when they first started playing and just might end up just as Axie Infinity did and just die suddenly along with their token's value.
Thus nobody really playing it anymore from loss of interest in the gameplay.
Been watching a few videos on how much the average Filipino family makes in a monthly wage on youtube.
So if the numbers are not right, they will just quit playing all together and move on to something else that is more lucrative.

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