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How an Online Game Puts Food on Tables in Rural Philippines
Axie Infinity can often pay Filipinos more than minimum wage.
The average daily minimum wage in the Philippines is $8.15. With most jobs requiring a minimum of eight hours of hard labour per day, that works out to around a little over a dollar per hour.
Axie Infinity, an online game powered by crypto, can reportedly make you $50 per day for three hours of gameplay. Crunching the numbers, that works out to around $16 per hour.
Filipinos can potentially earn 1600% above the minimum wage for playing a fun game that makes cute pets fight with each other.
Too good to be true or paradigm shift? Let’s find out.
How does Axie Infinity work?
Created by SkyMavis, Axie Infinity is a game that revolves around cute digital pets called “Axies.” Each Axie is a non-fungible token (NFT) on the blockchain with a unique set of characteristics. Think of it like Pokemon; each has a unique set of skills, stats, and features that make it one of a kind.
And just like Pokemon, players can breed, battle, and go on adventures with their Axies. What makes it different from Pokemon games is that players get rewarded with tokens that have real-world value…
