These days, you don’t just play video games to have fun. There’s more to it than just earning coin master free spins to level up in the game. Now you can actually have fun playing video games and earn real money from it.
During the corona pandemic, many people in the Philippines found an interesting way to make money while playing. Thanks to technology, the creation of the video game Axie Infinity came to life. This video game allowed many people to generate a little income on the side while having fun playing the game.
How Axie Infinity Allows You To Play And Earn Real Money?
Axie Infinity is a video game from the Vietnamese gaming startup Sky Mavis, in which you can earn (NFTS) or non-fungible tokens and cryptocurrencies. To do this, you have to breed, fight, and trade Axies (cute digital pets).
Last Thursday a short documentary was released on the YouTube channel “PLAY-TO-EARN” explaining that Axie Infinity’s player count skyrocketed after Coindesk published an article about the game last summer. Almost 60,000 people now play Axie Infinity, Axies Head of Growth Jeffrey Zirlin told CNBC.
Due to the corona pandemic, GDP fell by 9.6% in 2020. According to IHS Markit , this is the largest annual decline since data collection began in 1946.
Like almost everywhere else in the world, there was a surge in cases in late March, leading to lockdowns affecting nearly a quarter of the population. To make money, many people started playing Axie Infinity.
Ijon Inton, an Axie player from Cabanatuan City, about 100 km north of Manila in Nueva Ecija Province, first found out about this in February last year when his friend came across an explanatory video on YouTube. Fascinated by the play to earn element of the game, he decided to give it a try.
“At first I just wanted to test if it really works and after a week I was on my first income excited” , explained Injon Inton , currently around 10,000 Philippine pesos (173 euros) per week and earned when he played the game around the clock.
Inton also told his family and neighbors about it. He helped his friends set up an account so they could buy ETH and get started. More than 100 people now play in his community to make money with Axie, including a 66-year-old grandmother.
Axies are Non-Fungible Tokens (NFT) that are depicted as cryptographically unique cartoon pets. They cannot be replicated, which is what makes them valuable. To raise the Axies, one must buy or farm love potions. You earn money by selling the pets or the love potions for crypto currency and then exchanging them for the respective currency.