When the game turns from a villain in the eyes of adults become a new channel that creates opportunities Not just e-sports competitions that has been widely accepted But there is also a “Play to Earn” type of game. The more you play, the more you earn, in line with the growth of the cryptocurrency world. that can change money to be used in real life
In the discussion topic Play2earn Workshop by Phil GuildFi: How to enter play2earn games and the opportunities of earning on January 22 at ‘META Thailand 2022: Esports & Digital Life, the biggest esports event of the year. held from January 21-23 in an online format. Peerawit Kasemgomes Gamers who are experienced in the crypto industry and Manager of GuildFi, the No. 1 crypto gaming platform in Thailand, come together to create a mutual understanding of the benefits. and the risks of these games that can happen under blockchain technology
When things in the game are valuable – tangible, really.
reputed to be a game Most of the players do not expect anything in return other than fun, but Peerawit revealed that the Play to Earn game is significantly different from the game that people are used to. If in the past bought items in the normal game Everything will revolve in The “game economy” cannot be traded. transfer to whom and create value in the real world
But the economy system in Play to Earn game, players can exchange items for real money. Not only that. Producers can also reward players in different ways. through blockchain technology Cryptocurrency which can also be exchanged in the form of money as well
“The advantage of blockchain is transparency. We can check every transaction that occurs in the game, what people have traded in the past. who is the owner be the real owner Importantly, the value can also be transferred outside the game. The in-game currency can be exchanged for other cryptocurrencies, or it can be converted to Thai baht.”
When the trend of Play to Earn games has become more popular Therefore, more such games were born, led by Axie Infinity, a Pokemon Go game that uses monsters to fight each other to create added value, Cryptocars, racing games, or Thetan Arena, Moba-style games, similar to RoV games that must be given Teams of 4 players take on missions against other teams. And the winning side will receive various types of rewards.
Another interesting game is The Sandbox, a game that allows you to buy and sell land in a virtual world. to be used in various forms by landing in the latter game Peerawit pointed out that There are people who come into trading as high as several million baht ever.
The popular game creates a new way of life for Filipinos.
Despite the COVID-19 will make many people poor and unemployed. But who would have thought amid the crisis Instead, an opportunity arose in the Philippines. With people of all ages spending time at home, Axie Infinity has become an overnight hit. And it’s a huge money making channel that helps people open their eyes and mouths.
“Normally, the minimum wage for Filipinos is around 10,000 baht per month. But back then, people were earning many times more from Axie Infinity than that. There is a pair of grandparents who work in selling groceries. but can’t sell So they came to play this game. and get money to pay the bills including the cost of medicines
“And there is another player who earns money from the game. Until I can buy up to 2 real houses, it can be seen that regardless of age or gender, they can play Axie Infinity games.” GuildFi Manager reveals
The Axie Infinity game trend is still popular all over the world. There is an important factor from the short documentary. ‘PLAY-TO-EARN: NFT Gaming in the Philippines’ made people around the world interested in this game. By Peerawit spread interesting statistics found that At its peak, this game was played by 2 million people per day, which is more than MOBA games like Dota 2 with about 600,000 players! Although the current trend in this game has dropped some. But it’s still a game that won the hearts of many people anyway.
know how to play More than half won
When anyone can access the Play to Earn game through their smartphones. But if you think about playing to make the results grow Peerawit analyzed that You have to know yourself what kind of player you are. Which can be divided into 3 types of players: people who play the game themselves a person who is a capitalist and people who play games for capitalists
“People play the game themselves. Will use my own funds to buy items and play by myself The advantage is that you will get money, have fun, relieve stress, have the freedom to decide, buy more or sell items at any time. but the disadvantage is A sum of money is required to purchase in-game items. Priced from hundreds up to the millions There are ten million
“The next type is not playing by yourself, but being a capitalist. Use your own funds to buy items. Then take it to others to play when there is a profit, then share it. The advantages of this format are We don’t have to play by ourselves. but have the freedom to make decisions Because the game assets will still belong to us. But the income that is received depends on the skill of the players who come to play instead. The advantages of people who play for capitalists are no initial money required but lacks the freedom to make decisions because of various rights In the game is at the capitalist.”
However, Peerawit warned that No matter what kind of player But everyone bears the risk of cryptocurrency volatility. including unsafe games unreliable Because it may cause a loss of all the money in the blink of an eye. This is often caused by the skill of hackers. But there are quite a few that are caused by game developers with the intent to deceive people from the beginning.
play the game tomorrow must not forget investment principles
“Every investment has risks. Please study carefully before investing.” “Do Your Own Research” is a warning that you can always find before investing in any form of investment. Not even playing games like Play to Earn.
Peerawit emphasized that The importance of investing in games In addition to using cold money or money that can be wasted without life in trouble Another factor that will save you from losses is Must keep studying to find out about that game. Always be thorough before actually investing your money.
“Finding information on various game projects Details can be read on the website of that game. Should study the white paper carefully how the game system is. How to pay Including looking at the developer team information as well Because if the team that creates the game has the ability Experienced in making famous games There is a work that is evident. will make the project more have credibility”
GuildFi Manager also recommends that When thinking about investing through blockchain must pay attention to the security system have to maintain various codes as well Collecting data for blockchain transactions can be stored in a hardware wallet or in the form of a USB wallet, which provides another layer of protection against hacks. And be careful not to lose it. Otherwise, the data in this bag will no longer be accessible.
“Giving advice and knowledge this time I have no purpose to invite or invite them to invest in any way I hope that sharing this experience will be useful for everyone.” Peerawit concluded
META THAILAND 2022 : ESPORTS & DIGITAL LIFE will be held on the last day on January 23rd. If you don’t want to miss the good news can track details and can be viewed via https://www.metathailand.io/ and Facebook fan page https://www.facebook.com/metathailand2022/
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