Fans of the metaverse have probably asked themselves on at least one occasion if they should take non-fungible tokens (NFT) seriously. The truth is it has worked well for some. Axie Infinity, a game that is based on a play-to-earn model, although most critics often equate it to a pyramid scheme, gambling or worse, has […]
Axie Infinity’s continuous success has prompted Philippine authorities to ask if players must pay income tax on their earnings in the game. Axie Infinity Player Revenue Soars as Income Tax Questions Mount As the play-to-earn model has come to salience around the world, blockchain-powered games such as Axie Infinity have been able to capitalize on the demand […]
