HomeUncategorizedAxie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police By Cointelegraph

Axie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police By Cointelegraph

August 17, 2023

[ad_1]



The Philippine National Police Anti-Cybercrime Group (PNP ACG) scrutinized some of the models used by cryptocurrency games, warning Filipino citizens against the various schemes used to extort money from the gaming community.

While warning against the risks of cryptocurrency gaming schemes, the Phillippine police highlighted the play-to-earn model used by , a Pokemon-inspired play-to-earn metaverse game created on the blockchain.

Nine different Axie character types. Source: Cointelegraph
Two tokens can be purchased on Axie Infinity. Source: Cointelegraph
BCP founder Donald Lim with participants at an event called The Launch Mixer. Source: BCP