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Play-to-Earn Games Offer Alternative for Unbanked in South East Asia
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Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia said.
“To have a bank account, and to be able to get good interest rates, and to get a loan, you need to have a job, you need to have an income,” Beryl Li, Co-founder of the gaming guild Yield Guild Games, said during the virtual discussion hosted by crypto tracking website CoinGecko on Thursday.
She went on to explain that in her native Philippines, there are a lot of people who don’t have a bank account, either because they don’t qualify for one or
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