Crypto and gaming collide in high-risk 'play-to-earn' economies
Players spent $4.9 billion on NFTs in games last year, according to market tracker DappRadar, representing around 3% of the global gaming industry.
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Players spent $4.9 billion on NFTs in games last year, according to market tracker DappRadar, representing around 3% of the global gaming industry.
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...
(Reuters) - Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies.
By Elizabeth Howcroft (Reuters) - Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he w...
Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies.