How Filipinos Are Earning with Play-to-Earn & Crypto in 2025 — The Complete Guide
How Filipinos Are Earning with Play-to-Earn & Crypto in 2025 — The Complete Guide
RBCHANNEL
November 17, 2025
Quick one-liner: Play-to-earn (P2E) and blockchain gaming still offer real earning paths in the Philippines in 2025 — but they come with regulatory, tax, and market risks. Read this practical guide to learn how P2E works, what games and tools Filipinos use, how to withdraw earnings locally, and how to reduce risk.
What is Play-to-Earn (P2E) and why it matters in the Philippines
Play-to-earn (P2E) games reward players with in-game tokens, NFTs, or crypto that can be converted for real money. For many Filipinos P2E became more than a hobby — it provided supplemental income and, in some cases, primary earnings for communities that formed around these games. The model evolved from early experiments like Axie Infinity to a wider ecosystem of games and scholarships, where players, managers, and guilds share revenues. 0
Important: P2E is not “get-rich-quick.” It combines gaming skill, time investment, token economics, and market liquidity. You earn when a game's tokens or NFTs have demand and a functioning marketplace — so education and risk management matter more than ever.
How P2E earnings typically work (step-by-step)
- Choose a game: select a P2E title with an active marketplace or token economy.
- Set up a wallet: create a crypto wallet (MetaMask, Ronin, etc.) to receive tokens and trade NFTs.
- Buy or borrow assets: some games require buying starter NFTs (e.g., Axies) or joining a scholarship program.
- Play & earn: gameplay rewards usually come as native tokens, NFTs, or in-game currency.
- Sell or convert: sell tokens/NFTs on the marketplace or convert to stablecoins/fiat via exchanges or local P2P platforms.
- Withdraw: use exchanges or remittance channels to convert crypto to PHP, then cash out to a local bank or GCash/PayMaya.
Many guides walk through these steps for specific games; the general flow above is common across P2E titles. 1
Top P2E & blockchain games Filipinos are playing in 2025
The P2E landscape shifts fast. In 2025 you’ll find:
- Axie Infinity (evolved): legacy title that introduced scholarship models and tokenized economies. Still influential as a case study of how virtual economies scale. 2
- Newer NFT/crypto titles: there’s a steady flow of new P2E games tracked by aggregator sites and communities. Use game listings to check activity and liquidity before committing. 3
- Guild-driven titles: many players join guilds (Yield Guild Games and local groups) to access assets and shared payouts. These communities often run training and scholarship programs.
- Free-to-play with earn features: some games now offer lower or zero entry cost with play-based rewards to reduce upfront barriers.
What realistic earnings look like (examples and ranges)
Earning rates vary widely. A skilled, high-time player in a mature P2E title might convert tokens to USD or PHP for a consistent daily pocket money level (e.g., ₱200–₱1,000 per day in some situations), while top players or traders make much more. New titles and market booms can temporarily increase payouts, but they also carry higher volatility. Research published trends and case studies (including studies of Azia markets) for the clearest context. 4
Remember: past payouts are not guarantees. Tokenomics, player adoption, and secondary markets determine long-term earning potential.
How to get started in the Philippines — step-by-step (practical)
1) Learn the basics of crypto & wallets
Open a reputable wallet (MetaMask for Ethereum-based games, Ronin for some Axie-related apps, or a mobile wallet recommended by the game). Practice small transfers first. Never reveal your seed phrase.
2) Pick a game with an active marketplace
Visit game listing sites and community channels to check daily volume, active users, and trading liquidity before purchasing NFTs.
3) Join a local guild or scholarship
Guilds reduce the upfront barrier by lending NFTs. In return you share daily earnings with managers. Vet guilds by reputation and payout history.
4) Use trusted exchanges for conversion
When you convert tokens, use established exchanges that support PHP or stablecoin pairs. For local cashout, P2P platforms or exchanges integrated with GCash/PayMaya are common.
5) Track income and set aside tax funds
Save a percentage of earnings for taxes. The BIR and tax guidance providers emphasize reporting crypto gains as part of taxable income. (See Key Sources below for tax details.) 5
Risks — what every Filipino P2E player should know
- Token volatility: token prices can crash quickly; a high daily earning one month can evaporate the next.
- Regulatory changes: central bank rules, exchange policies, or tax law updates can change how easy it is to cash out. Keep an eye on BSP and SEC guidance. 6
- Security & scams: phishing, fake marketplaces, and shady guilds exist — verify links and reputations before committing funds.
- Platform risk: if a game shuts down or changes rules, in-game assets may lose value.
- Addiction & time cost: long play hours can impact other life responsibilities; treat P2E as work, not only gaming.
Tax & legal basics (Philippines, 2025 snapshot)
The Philippines has moved to tax crypto activity. Gains from crypto sales can be treated as capital gains or taxable income depending on the transaction type; VAT or other classification could apply for some business activities. This means players and traders should record trades and report gains in their annual tax returns. Consult a tax professional for your specific situation. 7
Important sources: government guidance (BSP/SEC) and reputable tax guides should be consulted before you declare or remit taxes. Regulations evolve rapidly — check official BSP/SEC/BIR advisories for the latest rules. 8
Tools & platforms Filipinos commonly use
- Wallets: MetaMask, Ronin, WalletConnect.
- Marketplaces: game marketplaces, OpenSea (for many NFT games), and dedicated marketplaces for each title.
- Exchanges / P2P: exchanges that support PHP pairs or stablecoin withdrawals (Coins.ph, Binance P2P, local exchange platforms).
- Communities: Discord & Telegram guild channels, local Facebook groups, and YouTube channels that explain step-by-step cashouts.
Practical strategies to reduce risk
- Diversify: don’t lock all capital into a single game or token.
- Start small: practice small trades before large purchases.
- Record everything: keep a simple spreadsheet of purchases, sales, conversions, and fees for tax reporting.
- Use stablecoins: when you need to protect value, convert volatile tokens to stablecoins before cashing out to PHP.
- Vet guilds & offers: read reviews and ask for payout proof before joining scholarships or lending NFTs.
Short case studies & what the future may hold
Case studies of Filipino communities show P2E can provide meaningful supplementary income and even employment-like roles (managers, trainers, technical support). At the same time, the sector is maturing: conferences, summits, and local events (web3 & gaming) are becoming regular fixtures in Manila and other hubs — signaling stronger industry interest.
Expect further professionalization: gaming guilds that provide training, tools to ease conversion to PHP, and better legal clarity from regulators. But expect also periodic shocks as token markets and regulations change.
7-point quick checklist to start responsibly
- Research 2 games and check daily trading volume.
- Create and secure a wallet (test small transfers).
- Join a guild or trial scholarship if you can't afford NFT startup costs.
- Open an account on a trusted exchange supporting PHP or stablecoins.
- Plan for taxes: set aside ~10–20% of profits until you consult a tax pro.
- Use strong security: hardware wallet for large holdings, separate email, 2FA.
- Track earnings in a spreadsheet (date, asset, price, fees, fiat value).
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Conclusion — Is P2E for you?
Play-to-earn and crypto in the Philippines still present real earning paths in 2025 — especially for those who treat the activity as work, not gambling, and who prioritize education, security, and accounting. If you plan to try P2E, start small, join reputable communities, and keep thorough records for taxes. With the right approach, P2E can be a sustainable side income — but only if you manage the risks.
Key sources (most important / load-bearing claims)
- Play-to-Earn ecosystem overview & game listings — PlayToEarn (aggregator and game activity tracker). Useful to check daily volumes and game activity. 10
https://playtoearn.com/blockchaingames - Filipino P2E trends & impact — BusinessDiary Philippines (feature on how Filipinos are earning via blockchain games in 2025). Context on local adoption and examples. 11
https://businessdiary.com.ph/35388/play-to-earn-games-in-2025-how-filipinos-are-earning-via-blockchain/ - Axie Infinity background & mechanics — Investopedia explainer on Axie Infinity and token/NFT concepts (case study of early P2E). 12
https://www.investopedia.com/what-is-axie-infinity-5220657 - Crypto tax guidance (Philippines) — Kryptos / legal explainers on taxation of crypto gains (capital gains, income reporting) — good practical overview for taxpayers. 13
https://kryptos.io/guides/philippines-crypto-tax-guide - Regulatory context (BSP / SEC guidance) — Central bank and securities regulator materials on crypto oversight (watch these for regulatory updates in the Philippines). 14
https://www.bsp.gov.ph
https://insightplus.bakermckenzie.com/... (SEC guidelines summary)
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