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Monster-battle NFT game Axie Infinity soars in popularity among developing nations

Published 11/03/2021, 05:05 PM
Updated 11/03/2021, 06:40 PM
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It's no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money by simply playing the game. At the time of publication, Axie Infinity has over 360,000 concurrent players.

Based on data from ActivePlayer.io, while the United States ranks third in terms of active Axie Infinity players, all other countries on the list are developing nations. An estimated 40% of players are based in the Philippines, alone. According to Twitter (NYSE:TWTR) user, Saharan-sub, Axie Infinity players in Ghana can make approximately 854 to 2,562 Ghanaian cedis per month ($140 to $420), which is several times higher than the country's minimum wage.

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