Many Argentines are turning to play-to-earn crypto games to supplement their income, as inflation continues to erode their earnings. The country’s gaming population has doubled in recent years, with many players earning more from these games than from their regular paychecks. Argentina now leads Latin America in profit-oriented gaming and ranks fifth globally.
Crypto Games: A Lifeline for Argentines
With inflation reaching a 10-month high, basic salaries in Argentina have not kept pace with rising prices, leading many to explore alternative income sources. Nearly 10,000 Argentines have visited Decentral Games this year, highlighting the popularity of metaverse-based play-to-earn platforms.
A Growing Trend in South America
Brazil also ranks high in play-to-earn game popularity, driven by similar inflationary pressures. Axie Infinity, a popular game in Argentina, requires significant initial investment, often leading players to collaborate with foreigners who can afford the costs. This trend is expected to continue growing as young people seek both financial gain and entertainment.