Concerns Arise in Philippines Over Axie Infinity's Play-to-Earn Model
The Surge of Cryptocurrency Gaming: A Cautionary Tale from the Philippines In a world where the fusion of gaming and cryptocurrency is becoming increasingly popular, a significant warning has been issued by a notable authority The Philippine National Police Anti-Cybercrime Group (PNP ACG) is raising the alarm about the potential dangers lurking in the shadows of cryptocurrency gaming, with a special focus on a game that's been a hot topic for many: Axie Infinity For those who've dived into the metaverse of Axie Infinity, the game offers a novel play-to-earn model that's akin to embarking on a Pokemon adventure, but with a twist It operates on the Ethereum blockchain, presenting itself as a cutting-edge intersection of gaming and crypto earnings Here's the rundown of what's stirring the pot...
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