Blockchain gamers see playing NFT games as a potential full-time job, says new survey


In spite of the non-fungible token (NFT) price crashplay-to-win NFT games continue as more people see it as a potential way to make a living.

in a poll conducted in the Philippines, 32 percent of respondents said they would quit or consider quitting if NFT games allowed them to pursue full time. John Stefanidis, CEO of gaming platform NFT Balthazar, said he was "not surprised by the findings."

"Many are ready to quit their other jobs to play NFT games as they could be earning as much, if not more, playing NFT games."

Jesus Dawal Jr., a Filipino gamer, told Cointelegraph that at the moment, the earnings in NFT games are not enough. "There's no doubt that blockchain gaming is a revolutionary concept, but at the moment, I don't think it's enough to support me financially on its own," Dawal said. However, he also points out that he is ready to participate when the ecosystem develops further.

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

The country manager of the Blockchain gaming organization YGG Pilipinas, Luis Buenaventura, also believes that there is definitely a trend of people quitting to dedicate themselves full time. When asked about the issue, he told Cointelegraph that โ€œfor better or worse, the trend of people quitting their jobs for P2E is definitely picking up.โ€

However, the blockchain gaming executive points out that it is not only blockchain gaming that is recovering, but also crypto opportunities. "People are just as likely to find alternative income opportunities in crypto in general, and not just P2E specifically," he said.

โ€œMaking profit from gaming and profit from yield farming are not mutually exclusive activities, and we see many of our most successful members doing both.โ€

Related: Yield Guild Games Reaches 20K Axie Infinity P2E Grant Milestone

In 2021, a report from the Blockchain Gaming Alliance (BGA) showed that NFT games generated more than $2 billion in revenue in the third quarter of 2021. This represents 22% of NFT trading volume according to the BGA.

In addition to generating income, the blockchain the gaming community has also shown a philanthropic side. Last year, when a super typhoon hit the Philippines, affecting 4 million people, blockchain gamers led by YGG organized a donation drive that raised over $1.4 million to help victims.