Many Southeast Asians survive through pandemic thanks to Vietnamese games
In some Southeast Asian countries such as the Philippines and Malaysia, many people have had a stable income during the pandemic for two years now, thanks to Vietnamese games.
“Play to earn” was one of the most prominent technology trends in 2021. One of Vietnam’s games of this type - Axie Infinity - became a phenomenon on the world map in 2021. Instead of having to spend money to buy games for entertainment, now users can also earn money through games. “Play to earn” games often have a combination of Blockchain technology. The types of scores that players achieve in the game are designed in the form of tokens. These tokens are convertible into cryptocurrencies with measurable value.
In fact, there are times when blockchain games developed by Vietnamese have surpassed ordinary entertainment value. The proof is that many people in Southeast Asian countries such as the Philippines and Malaysia have earned a stable income from these games to survive during two years of the pandemic.
According to CNBC, at the peak of the Covid-19 epidemic in the Philippines, most people had to stay at home due to the effects of lockdowns. That's also when the game Axie Infinity became a phenomenon in the country when it helped many people in the city of Cabanatuan, north of Manila, have more income.
Axie Infinity also has had a great influence in Malaysia. Joe Kit Yong - co-founder of Lorcan Gaming – told The Rakyat Post that blockchain games like Axie Infinity have been quite popular in Southeast Asia. Many gamers consider this their main source of income amid the pandemic.
According to Cointelegraph, besides Axie Infinity, Bemil is another Vietnamese game that has attracted Filipinos players recently. Currently, this game has over 100,000 app downloads with tens of thousands of people participating in groups on social networks.
To develop its community in this country, Bemil has launched a campaign to provide container houses for Filipinos who lost their jobs with a budget of about 5,000 USD per month.
Not only Axie Infinity and Bemil, many other Vietnamese blockchain games such as Thetan Arena, Titan Hunters, Sipher, and Atlantis Metaverse are gradually showing their influence.
The spread and influence of Vietnamese blockchain games can be considered a bright spot in Vietnam's technology industry in 2021. This direction also opens up many new development prospects to go global for Vietnamese technology firms.
According to experts, despite being at the top in the region for online games, many Vietnamese businesses are registered and pay tax in Singapore instead of Vietnam.
Axie Infinity, one of a few Vietnamese technology startups with global influence, has gained far more value than the Vietnamese game Flappy Bird that was internationally popular a number of years ago.