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P2E Games Help Spread Crypto in Emerging Markets

Play-to-earn (P2E) blockchain games are boosting the use of cryptocurrency in emerging markets, especially in Southeast Asia, Latin America, and Africa. Experts say this growth is due to the games being easy to access, offering economic opportunities, and building communities. One expert believes these games can help introduce more people to crypto by combining the popularity of gaming with financial education.

Making Crypto Common

Even though interest in crypto has dropped in some areas, P2E games are still gaining popularity in emerging markets, according to the latest Chainalysis Crypto Adoption Index. Experts think this trend is helping make crypto more accepted in these regions.

Victor Yu, the COO of CARV, noted that P2E games are helping create a generation that sees digital tokens as familiar as touchscreens or the internet. He believes that the awareness of crypto from these games could significantly change the financial situation for many people.

Yu's platform is working on a system that connects identity and data for gaming and AI. He explained that P2E games give people who are often left out of the financial system a chance to earn, store, and transfer digital assets. These games are especially helpful in places with high unemployment or unstable economies.

According to Yu, P2E games make it easier for people with little technical knowledge to earn and use cryptocurrencies. With the rise of mobile platforms, users can easily access blockchain technology without needing to understand complex tools like wallets or decentralized finance (DeFi).