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The future of GameFi in the Philippines: play to earn and beyond

Technews

The future of GameFi in the Philippines: play to earn and beyond

By MB Technews

During the Philippine Blockchain Week, Eliezer Rabadon, CEO of DvCode Technologies Inc, discussed the future of GameFi in the Philippines. GameFi is a term used to describe the concept of using video games as a way to earn cryptocurrency or other forms of digital assets. This trend has been gaining popularity recently as a way for gamers to monetize their skills and interests.

Eliezer Rabadon, CEO of DvCode Technologies Inc

One of DvCode Technologies Inc's highly anticipated projects in the GameFi market is CryptoSheesh, a hyper-casual game that allows players to earn stablecoin. Stablecoin is a type of cryptocurrency pegged to the value of a fiat currency, such as the US dollar, making it a more stable and reliable form of earning through gaming. CryptoSheesh is set to be launched in 2023 and has already gained a large following due to its easy-to-learn gameplay and the ability for players to earn real rewards. It recently won the Binance BNB Chain's Special GameFi Award, further solidifying its potential success in the industry.

During his discussion, Rabadon also touched on the future of the GameFi market, stating that he believes games that are easy to play, time efficient, and allow players to earn stablecoin will dominate the market. He pointed out that these games appeal to a broader audience, including casual gamers who may have little time to devote to more complex games. Rabadon stated that he expects to see more and more of these types of games in the coming years as the GameFi market grows.

Overall, Rabadon is optimistic about the future of GameFi in the Philippines and believes that it will continue to be a popular way for gamers to earn rewards for their skills and interests. He encouraged gamers to stay up-to-date with the latest industry developments and consider how they can earn through their hobbies.

Related Tags

DvCode Blockchain week GameFi

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