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From my experience, these play-to-earn games (like Axie Infinity) are mostly played by people in poor 3rd-world countries like Vietnam[1] or Cambodia. Where if

• m00dy 4y ago
  I'm not sure we still call them 3rd-world, especially on the new world order. Do they still 3rd-world or now upgraded some levels ?
• duskwuff 4y ago
  Even there, Axie was effectively a sophisticated Ponzi scheme. Players were lured into the system with the promise that they could make big money by playing the game -- except that the money was all coming from new players who had to buy items to get started. No value was created by playing the game, and the vast majority of participants ended up losing money to pay the small number of players who did make a profit.
• cuteboy19 4y ago
  It would be wrong to describe it as a game. More like "ponzi scheme with an interactive component"
  • imtringued 4y ago
    It is a multi level marketing scheme with a useless product.