It’s part of why, according to a report from the research firm Naavik, the majority of Filipino Axie players are still making below the country’s average minimum wage. Stephen Diehl, a prominent crypto critic, likened it to “digital serfdom,” though I think that may be slightly misstating it. It’s more like an especially predatory employment contract – a full-time job with extremely poor returns.
Source: https://www.coindesk.com/layer2/2022/04/04/the-bigger-problem-with-axie-infinity/?utm_medium=referral&utm_source=rss&utm_campaign=headlines