Southeast Asia has become a major market for blockchain gaming, as people are lured by the prospects of earning more by playing games than from their real-life income. (Source photos by AFP/Jiji, courtesy of Immutable and screenshot from Coinbase's website)

Could a Philippines startup become gatekeeper to the metaverse?

Yield Guild Games defies crypto heists and volatility to back nascent blockchain gaming industry

WATARU SUZUKI, Nikkei staff writer

April 15, 2022 06:00 JST

TOKYO -- Last year, Australian gaming startup Immutable sold its first batch of digital monsters, pets and warriors -- characters with names like Chieftain of the Deadlands or the Exiled Necromancer -- based on an upcoming role playing game called Guild of Guardians.