Topic: Filipinos Playing crypto games for a living - Developer even says it is gambling - page 4. (Read 1650 times)

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.

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.

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.

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.

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.
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.

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.

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?

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.

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.

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.

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.

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!


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.


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.

Gaming is a gamble

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://bitcointalksearch.org/topic/m.64310024

In short, there's no such thing about free money on this world and this is something that people should really be realizing in the first place on which its not really that totally a play to earn thing without having investment or money that had been put up even if we do speak about "Axie Infinity" on which buying up or breeding those axies would really be coming with a cost. Therefore,  there's really that flow
in between buyers and sellers and on the moment that the minting of SLP becomes uncontrollable because tons of people who are already farming it, and having not proper or solid utility of those tokens
then this is the main reason on why it goes down to the floor and tons of people had lost up money specially to those who had heavily invested. On the time or moment that you would be diving in things
then you should really be wary and careful about on the possibilities that it could go down.Proper economy and utility would really be the key to sustenance.

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. Making a living? Its possible but doesnt mean that it would
be so damn easy, on the moment that you are on such condition then good for you.

Well. I was not even aware it was called the "Green Dragon genocide" and it has turned away members of the game.  . 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.

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. Actually, I have a family member who earned some bucks off farming World of Warcraft.

I've never gotten into the P2E games, but i'm glad that my friends got involved with cryptocurrency through the help of these games and most of them earned a decent chunk before the hype died down.

As someone who's played countless online multiplayer games, this is so accurate. Once you find the other side of the gaming market you'll always find people selling in-game cosmetics and well-made accounts to earn a living, until now I assume it's still a thing. Even in arcades, I remember someone tried to make a deal with me by selling some maxed-out accounts from a racing game.

That's what people here don't realize about these "earnings".
You need to have a constant inflow of new players to buy that stuff from you with real money, the moment the inflow dries out and the amount of players frows there is little money compared to the players, and your earnings go down the drain!

Nobody will be paying you just to play, it's all a simple MLM scheme, yet some still think this will be the future of gaming, it's really funny!
We talk all day about demand and offer and suddenly we forget about these when it comes to this!



Oh, the Green Dragon Genocide that destroyed the gold market and turned many of RS players into PK!

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.

This projects become one of the next trade play to earn, before Filipinos sees the potential of the Axie infinity and now this news are now widely spread that they can earn a lot of money the same with the axie so people now spam their referral links even in the market place in facebook, tons of invites and different videos that they will earn a lot of money by just doing the tap and daily rewards of this game in the telegram, does not if the release the market yet but still people hope they will earn a lot with this free game.

Do you know what? if someone decide to earn money through games when they're not a pro player or joining in the top competition, it means the world is fucked up. How can the government didn't have enough jobs for their citizen, if the jobs is enough, people wouldn't jump to playing games for living.

Axie Infinity gives you free Axie if you joined the early access, so you don't have to spend your money.

The company do give free to play and a chance to earn money, but it won't last long because when there are so many people join to play, the reward would be smaller and smaller.