“Play To Earn” has been on investors’ minds over the last few months; there’s been a lot of tweets and posts about it, especially highlighting that players in the Philippines are making money by playing “Axie Infinity”. This may sound groundbreaking to newcomers in the gaming space, but this behavior has existed for a long time, going back to the early days of World of Warcraft in the early 2000s. After spending 15+ years playing video games competitively, I started categorizing economies for...

“Play To Earn” has been on investors’ minds over the last few months; there’s been a lot of tweets and posts about it, especially highlighting that players in the Philippines are making money by playing “Axie Infinity”. This may sound groundbreaking to newcomers in the gaming space, but this behavior has existed for a long time, going back to the early days of World of Warcraft in the early 2000s. After spending 15+ years playing video games competitively, I started categorizing economies for...