In a content brimming with rampant inflation, stringent monetary regulations, and corruption; the citizens of Latin America have desired to better their lives via crypto and Web3. The crypto enthusiasts of Argentina have embraced play-to-earn cryptocurrency games to provide supplementation to their income and necessities. Causes of Argentina’s Adoption of Crypto A recent survey has disclosed that Argentina’s populace has been earning more money from these P2E games than their salaries. The reason that causes this is the inflation rate and basic commodity cost has recorded a 50 % per year rate increase, unlike paychecks. The second cause is the financial instability that prevents Latinos from accessing accounts in their names and thus, Mauricio Ramos, the Head of Axie Infinity states that Latinos use American accounts to play. Argentina Combats Inflation In terms of earning money via cryptocurrency games, Argentina ranks fifth in the world, and their neighboring country Brazil ranks seventh. One of the leading metaverses, Decentral Games has recorded the highest number of players garnered this year was 9,400. Head of Investor Relations at Decentral Games, Gabriel Mellace stated that both Argentina and Brazil have noted a sharp yet continual rise in the adoption of play-to-earn games. Yat Siu, Co-founder of Animoca Brands stated that Argentina has bagged the title of the second-largest economy growing region and has a share of g...
