Play-to-earn blockchain games rising in popularity

Players can profit in cryptocurrency - though they need to spend real cash first

New: Gift this subscriber-only story to your friends and family

When Mr Sathyaraj Vijaya Thever earned $300 to $400 worth of digital tokens in a month by playing a blockchain game for three hours a day, a light bulb went on in his head.

The avid gamer saw the opportunity for some passive income and increased his stakes to about US$8,000 (S$10,900) in the game, and hired 15 players to compete on his behalf.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on December 11, 2021, with the headline Play-to-earn blockchain games rising in popularity. Subscribe