GCash partners with Axie Infinity and Ronin to offer the Philippines user-friendly access to web3 gaming, addressing regulatory challenges and prioritizing convenience for 80 million users.
Eliza Crichton-Stuart
Head of Operations
GCash, the Philippines' prominent mobile wallet app, is strategically partnering with Axie Infinity and Ronin to enhance access to web3 gaming in the country. Recognizing the challenges posed by crypto regulations, especially with recent issues faced by Binance, this collaboration aims to provide web3 gamers in the region with a practical alternative.
The move comes as a response to the need for diversified access methods within the local Axie and Ronin community. In the Philippines, about 80% of internet users rely on GCash for financial services. That’s around 80 million people who send and receive money, pay bills, shop online, and more – all through GCash.
Martha Sazon, the GCash president and CEO, emphasizes the significance of the partnership, stating: "This collaboration is another step ahead in our mission to transform the potential of blockchain technology and to democratize it even more, going beyond the purchase, sale, and maintenance of cryptocurrencies in the GCash app. We believe crypto gaming should be friendly, affordable, and enjoyable to all. By working together with Sky Mavis, we will continue to achieve our mission to remove the financial and technical barriers of crypto gaming while putting our user’s safety as a top priority.”
Luis Buenaventura, Assistant Vice President at GCash, expressed excitement about blending web3 gaming with GCash's financial technology for an enhanced user experience, stating:
“Axie Infinity is a beloved title to players across the globe, especially within the Philippines. We’re joining forces with their team to unlock new possibilities, aiming to blend the excitement of Web3 gaming with GCash’s financial technology. This partnership is all about enhancing user experience, setting the stage for exciting developments. Stay tuned for what we create together!”
While the details of the collaboration are still unfolding, the shared vision is clear – to establish a direct and seamless pathway for users to engage with Axie and Ronin, enhancing accessibility and convenience within the ecosystem. This partnership signifies a strategic move in response to the evolving regulatory landscape in the Philippines' crypto scene.
You can currently buy and sell AXS and SLP on GCrypto. For those who have not used the feature before, here’s how it works:
Step 1: Log into your GCash app and click on GInvest.
Step 2: Click on GCrypto.
Step 3: Top-up your crypto wallet using your GCash to start trading.
Step 4: Then look for AXS and SLP!
The GCash, Axie Infinity, and Ronin alliance represents a practical solution to regulatory challenges, focusing on providing user-friendly access to crypto gaming for the Filipino community. As the collaboration progresses, the emphasis is on building a more accessible and enjoyable experience.
Axie Infinity and Ronin continue to push the boundaries of what's possible in web3 gaming, these developments mark a significant step forward in the ongoing evolution of decentralized gaming ecosystems. The stage is set for Axie Infinity and Ronin to further shape the future of blockchain gaming, offering players a glimpse into the exciting possibilities that lie ahead in the web3 gaming revolution.
updated:
February 13th 2024
posted:
February 4th 2024