Cryptocurrencies
Argentines Flock to Crypto Games as Economy Eats Up Salaries
- “Play-to-earn” gains popularity amid high inflation, controls
- Latin Americans play on behalf of Americans and Germans
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Argentina has become the top place in Latin America for “play-to-earn” crypto games, as inflation running at a ten-month high erodes the value of local salaries.
South America’s second-largest economy jumped in the rankings and is also the fifth around the world when it comes to playing games for income, with 9,400 visits so far this year to Decentral Games, the metaverse company with the most players in the world, up from just a few hundred last year. Brazil also shot up in the platform to become the seventh-most popular place for these games.