◾Blockchain Based P2E

A growing number of blockchain-based games allow players to compete for in-game assets that can later be transferred into real world value. This has allowed for the emergence of virtual economies where users participate in gaming activities to generate real world income.

This trend has received significant traction in Southeast Asia particularly. Many have turned to play-to-earn (P2E) gaming as a viable income source after COVID-19 impacted their earning capacity. The play-to-earn movement has gained such traction that some governments are planning to create taxation schemes for play-to-earn game developers and players.