{"id":49486,"date":"2022-05-28T08:45:33","date_gmt":"2022-05-28T00:45:33","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=49486"},"modified":"2022-05-28T08:45:36","modified_gmt":"2022-05-28T00:45:36","slug":"ph-ranks-4th-for-play-to-earn-gaming-adoption","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2022\/05\/28\/ph-ranks-4th-for-play-to-earn-gaming-adoption\/","title":{"rendered":"PH ranks 4th for play-to-earn gaming adoption"},"content":{"rendered":"\n

The Philippines ranks 4th for P2E adoption with a quarter of Filipinos having played-to-earn, according to Finder\u2019s NFT Gaming Adoption Report<\/a>.\u00a0\u00a0<\/strong><\/p>\n\n\n\n

Finder.com polled 43,312 people across 26 countries to reveal 25% of Filipino internet users have used a P2E game and an additional 14% plan to do so by the end of the year. This means P2E adoption could hit 39% by the end of the year.<\/p>\n\n\n\n

India has the most P2E gamers (34%), followed by Hong Kong (29%), the UAE (27%) and the Philippines (25%). Meanwhile Sweden has the least (4%), followed by France (6%), Germany (7%) and the United Kingdom (8%). <\/p>\n\n\n\n

In the Philippines, men are more likely to play-to-earn than women. 28% of Filipino men say they\u2019ve played-to-earn compared to 22% of women.<\/p>\n\n\n\n

Finder.com\u2019s cryptocurrency editor Keegan Francis says game developers are increasingly using NFTs and cryptocurrency to build more enticing monetary incentives into their games.<\/p>\n\n\n\n

\u201cP2E games have their own digital asset-powered economies, allowing gamers to earn rewards.<\/p>\n\n\n\n

\u201cGamers can potentially earn two types of cryptocurrency – native cryptocurrency in the form of tokens, or existing cryptocurrency like Bitcoin or Ethereum.<\/p>\n\n\n\n

\u201cIt\u2019s currently younger Filipinos who are involved in P2E NFT games, with adoption highest among those in between the ages of 18-44. However we\u2019re expecting to see an uptick in adoption across all age groups.<\/p>\n\n\n\n

Francis said that gamers who can\u2019t afford the entry cost to play might want to consider joining a guild.<\/p>\n\n\n\n

\u201cGuilds allow players, known as scholars, to play a game like Axie Infinity for free by lending you the required NFTs and you are then usually entitled to a share of the earnings while the remainder goes to the guild\u201d.<\/p>\n\n\n\n

You can find the full report here: https:\/\/www.finder.com\/ph\/statistics-nft-games<\/a>.<\/p>\n\n\n\n

NFT gaming adoption by country<\/strong><\/p>\n\n\n\n

  1. India – 33.79%<\/li>
  2. Hong Kong – 28.75%<\/li>
  3. The UAE – 27.27%<\/li>
  4. The Philippines -25.01% <\/li>
  5. Vietnam – 22.96% <\/li>
  6. Singapore – 22.68% <\/li>
  7. Malaysia – 19.43% <\/li>
  8. Brazil – 17.55% <\/li>
  9. Nigeria – 16.05% <\/li>
  10. Venezuela – 14.11% <\/li>
  11. Peru – 13.15% <\/li>
  12. Colombia – 12.68% <\/li>
  13. Argentina – 12.06% <\/li>
  14. Chile – 11.36% <\/li>
  15. Ireland – 11.31% <\/li>
  16. Mexico – 11.11% <\/li>
  17. South Africa – 10.20% <\/li>
  18. The US – 9.37% <\/li>
  19. Canada – 8.38% <\/li>
  20. Switzerland – 8.37% <\/li>
  21. New Zealand – 8.19% <\/li>
  22. Spain – 8.05% <\/li>
  23. The UK – 7.55% <\/li>
  24. Germany – 7.40% <\/li>
  25. France – 5.75% <\/li>
  26. Sweden – 4.33%<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"

    Finder.com polled 43,312 people across 26 countries to reveal 25% of Filipino internet users have used a P2E game and an additional 14% plan to do so by the end of the year. This means P2E adoption could hit 39% by the end of the year.<\/p>\n","protected":false},"author":6,"featured_media":48712,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[34,2506],"class_list":["post-49486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","tag-gaming-2","tag-gaming-industry"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/49486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=49486"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/49486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/48712"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=49486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=49486"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=49486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}