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Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.

Crypto games in philippines. This doesnt mean though that crypto games arent legitit just means theyre too risky to be endorsed to the general public. This is exactly why it is accessible to most Filipinos. Common Cryptocurrency Revenue Streams.

A documentary followed Filipinos who were earning an income through Axie Infinity proving that there is a stream of money to be made by investing time in these platforms. Lets apply current tax laws to the three common revenue streams of cryptocurrency in the Philippines. As one of the most popular play2earn games in the Philippines Axie Infinity an Ethereum-based game has changed many peoples lives worldwide.

For Filipinos Axie Infinity Is More Than a Crypto Game. Players can sell SLP to convert it into ETH or cash. Filipinos have helped drive the growth and expansion of crypto gaming through games like Axie Infinity.

PLAY to EARN NFT Crypto Games that CAN 100X. On the other side of the transaction are breeders who need these SLPs to breed new Axies. This can be used to breed Axies and.

Axie Infinity is like if you can earn money from playing Pokemon. AND SELL NFTBUY AND SELL NFTSdanjo capital masteraxie infinityplant vs undeadplay to earnnewnftgameplay to earn gamescrypto gamesmonsta infinitenew nft gamesNFTnftsnft games play to earncryptoNFTScryptomages nftcrypto mages nftcrypto magescrypto. Players can sell SLP to convert it into ETH or cash.

Meaning that while playing you earn in-game items and crypto that you can later sell to other players. One character has sold for 819660 and the games crypto system has 55 billion in virtual assets locked up in smart contracts according to DappRadar. Axie Infinity the leading play-to-earn game requires a player to purchase creatures known as Axies to participate in battles to win SLP.

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