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Blockchain Gamers See Playing NFT Games As A Full-time Job See Why

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Blockchain Gamers

Blockchain Gamers – Despite the decline in nonfungible token (NFT) prices, play-to-earn NFT gaming continues as more people perceive it as a viable way to earn a living.

In a survey done in the Philippines, 32% of respondents stated that if NFT games allowed them to work full-time.

They would leave or contemplate quitting. “Not shocked by the findings,” said John Stefanidis, CEO of NFT gaming platform Balthazar.

“Many are ready to quit their other jobs to play NFT games instead, as they could potentially be earning the same, if not more from playing NFT games.”

This online news outlet gathered that a Filipino gamer, Jesus Dawal Jr., told Cointelegraph that the revenues from NFT games are now insufficient.

“While blockchain gaming is without a doubt a revolutionary concept, I don’t believe it will be adequate to support me financially on its own,” Dawal remarked.

He does say, however, that he’ll be ready to get in when the ecosystem matures further.

“I think I will have enough courage to leave my job to pursue blockchain gaming once the P2E ecosystem has become mature and sustainable.”

What The Gamers Are Saying

Luis Buenaventura, country manager of blockchain gaming organization YGG Pilipinas, believes that there is clearly a trend of people resigning to go full time.

“For better or worse, the trend of people quitting their jobs for P2E is definitely picking up,” he told Cointelegraph when asked about the matter.

However, iexclusivenews reports that the blockchain gaming executive points out that crypto chances are growing in popularity alongside blockchain gaming.

“It’s just as probable that people are finding alternate income prospects in crypto in general, rather than simply P2E,” he said.

 

“Earning from games and earning from yield farming are not mutually exclusive activities, and we see many of our most successful members doing both.”

NFT gaming earned over $2 billion in revenue in the third quarter of 2021, according to a report by the Blockchain Gaming Alliance (BGA).

According to the BGA, this accounts for 22% of NFT trading volume.

Meanwhile iexclusive News Nigeria reports that the blockchain gaming community has showed an altruistic side in addition to collecting cash.

When a super typhoon struck the Philippines last year, affecting 4 million people.

Blockchain gamers lead by YGG organized a fundraising campaign that raised over $1.4 million to aid the victims.