Filipino online communities were the first to showcase the opportunities and potential of play-to-earn (P2E) gaming guilds as an actual business model, BlockchainSpace founder and CEO Peter Ing said.
Axie players in the Philippines are said to be struggling to make money because of too many participants, making the non-fungible token (NFT) character -- the technology needed in the game to earn -- very cheap.
Astra Guild Ventures, a decentralized autonomous organization that invests in play-to-earn (P2E) games and similar blockchain projects, has officially announced that it will be expanding to other titles with the goal of maximizing the earning potential of its growing community.
Avid fans and players of the NFT-based online video game Axie Infinity, developed by Vietnamese studio Sky Mavis, are five days away from the live studio event Axie Infinity Creator Cup. The tourney will be held in the Quezon City and eight content creators will battle it out for the chance to bag 200 AXS or $26,000 worth of prizes.
