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Crypto and gaming collide in high-risk 'play-to-earn' economies

Jarindr Thitadilaka says he made as much as USD$2,000 (S$2,730) a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies. The 28-year-old from Bangkok was playing Axie Infinity, one of a new breed of blockchain-based online games, dubbed "play-to-earn", which blend entertainment with financial speculation. These games can make...
Krung Thep Mahanakhon United States City Of United Kingdom Teriz Pia Aleksander Larsen

Crypto and gaming collide in high-risk 'play-to-earn' world

Jarindr Thitadilaka said he made as much as US$2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrency. The 28-year-old from Bangkok was playing Axie Infinity, one of a new breed of blockchain-based online games dubbed โ€œplay-to-earn,โ€ which blend entertainment with financial speculation. These games can make for lucrative businesses amid the hype around non-fungible tokens (NFTs) and virtual worlds, attracting millions of p...
United States Krung Thep Mahanakhon Los Angeles City Of United Kingdom Jeff Jiho Zirlin

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