Unconfirmed: Axie Infinity's July Revenue Tops $200 Million. Here's How Filipinos Drove It - Ep.259

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 30 July 2021

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Leah Callon-Butler, director of Emfarsis, discusses her documentary, “Play-to-Earn: NFT Gaming in the Philippines,” and the real-world impact that crypto is having in the Philippines. Show highlights: how the Axie Infinity movement started in the Philippines how much money players can earn through Axie Infinity compared to normal wages in the Philippines how Filipino crypto exchanges are catering to Axie Infinity players to make it easier to cash out their earnings what percentage of Axie Infinity players live in the Philippines why the game is so popular in rural areas what about Axie Infinity is bringing in non-crypto native players why Axie Infinity now has high barriers to entry how players have created their own system for helping bring new users into Axie Infinity how Axie Infinity scholarships work what Leah thinks about Yield Guild Games’s relationship with Axie Infinity Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Oasis: https://oasisprotocol.org/ NEAR: https://near.org Episode Links Leah Callon-Butler: https://twitter.com/leah_cb Emfarsis: https://emfarsis.com/ Axie Infinity: Documentary: https://www.youtube.com/watch?v=Yo-BrASMHU4 Coverage https://www.cnbc.com/2021/05/14/people-in-philippines-earn-cryptocurrency-playing-nft-video-game-axie-infinity.html https://venturebeat.com/2021/05/13/how-a-rural-filipino-community-is-earning-a-living-playing-an-nft-game/ https://hypebeast.com/2021/5/axie-infinity-nft-cryptocurrency-game-philippines-documentary https://www.esquiremag.ph/money/industry/axie-infinity-mobile-game-cryptocurrency-nft-a00289-20210521 Leah’s NFT/Axie Infinity writings: https://www.coindesk.com/the-metaverses-emerging-economics https://www.coindesk.com/how-axie-infinity-creates-work-in-the-metaverse https://www.coindesk.com/nft-game-filipinos-covid https://www.coindesk.com/artists-who-now-make-a-living-because-of-nfts https://www.coindesk.com/for-filipinos-axie-infinity-is-more-than-a-crypto-game https://www.coindesk.com/here-comes-the-virtual-real-estate-boom https://www.coindesk.com/vindicatio-nft-pioneer-looks-ahead Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everyone, welcome to Unconfirmed. The show that reveals how the marquee names in crypto
0:09.2	are reacting to the week's top headlines and gets the insights given what they see
0:12.5	on the horizon. I'm your host, Laura Shin, a journalist with over two decades of experience.
0:17.6	I started covering crypto six years ago, and as a senior editor at Forbes was the first
0:22.3	mainstream media reporter to cover cryptocurrency full-time. This is the July 30, 2021 episode
0:27.9	of Unconfirmed. My book, The Cryptopians, Idealism, Greed, Lies, and the making of the first big
0:33.6	cryptocurrency craze is available for pre-order on Amazon, Barnes and Noble, Bookshop.org,
0:39.1	and any of your favorite bookstores. Go to bit.ly slash cryptopians. That's b-i-t dot l-y slash
0:45.4	c-r-y p-t-o p-i-a-n-s. Near is an open source platform that accelerates the development of
0:52.9	decentralized applications, overcoming high fees and slow speeds with its fast, scalable,
0:58.7	low-cost, and climate-neutral blockchain protocol. Learn more at n-e-a-r dot o-r-g.
1:06.0	The OASIS network is a privacy-enabled blockchain platform for open finance,
1:10.4	and a new data economy. Start building your next idea on the OASIS network.
1:16.0	The Crypto.com app pays you up to 8.5% interest on your Bitcoin. Get $25 when you download
1:22.3	the Crypto.com app with code Laura. The link is in the description.
1:27.6	Today's guest is Leah Callin-Bettler, Director of Empharsis and Screenwriter of the
1:32.0	Documentary, Play to Earn, NFT Gaming in the Philippines. Welcome, Leah.
1:38.0	Hi, Laura. Thanks for having me. You made a documentary about Filipinos who are earning
1:42.6	money playing Axi Infinity. What did you find in making the film? Yeah, so we launched this
1:47.8	documentary in May 2021, but it was actually filmed in January, and the story goes back
1:54.6	before that time. It originated from a coin desk article that I wrote in August 2020
2:00.3	about a community in a place called Cabanatuan City. It's a very provincial
	...

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