What if you can play a game and earn money just by playing it?
Games on the blockchain normally issue assets in the form of non-fungible tokens or NFTs. Just like Bitcoin, NFTs have value. Sometimes, this value is more than what an entry-level job anywhere in the Philippines can give you.
The article delves deep into how the blockchain game Axie Infinity has helped a Filipino family weather the pandemic, describing how Ijon Inton, a player of Axie Infinity, makes money by farming SLP, a token that people can earn just by playing the game.
“It’s food on the table, it’s money for their families and it’s saving them when they cannot even leave the house during this pandemic.”
The game has captured an audience despite the growing difficulties in the Ethereum network, notably those surrounding transaction fees. Still, the right design and incentive could push for further adoption of blockchain games. The article concludes: “With the right design and incentives in place, it seems more blockchain developers should be looking to the world’s underserved populations for a lesson in user adoption.”
Read the full article here:
“The NFT Game That Makes Cents for Filipinos During Covid” by Leah Callon-Butler
Published August 26, 2020 on CoinDesk