Axie Infinity, dubbed the ‘gateway’ to metaverse, falls out of favour with Filipino gamers

 

MANILA – A game made by a company based in Vietnam is providing a hard lesson on what can go terribly wrong in a made-up world – the metaverse – where real money is involved.

Through most of 2020 till mid-2021, when the Covid-19 pandemic led to rolling lockdowns that decimated jobs as companies shut down, Filipinos desperate for cash turned to playing an online game called Axie Infinity.