Gaming
BALTHAZAR RESEARCH: 1 in 3 willing to quit job to play NFT games
NFT gaming platform Balthazar has released its inaugural Community Insights Report, which found one in three respondents (32%) said they will quit their job or consider quitting if they could play NFT games full time.
Of the 1,103 respondents who are predominantly from the Philippines, this figure includes those who currently play NFT games and those who don’t yet play.
A further 59% said they would play full-time and continue working other jobs.
Other interesting findings include:
Over two-thirds (65%) of respondents said they would need to earn a minimum of US$42 on average to consider quitting their job to play NFT games full-time. More than half of which (55%) said they would need to earn between US$1 and US$20 per day to afford to quit their current job to play.
Out of those who have jobs, they earn US$316 on average per month, or about US$16 per workday.
The majority (85%) of those who are Balthazar Wizards (who are signed up to Balthazar’s scholarship program) said they play in a guild because they love the community support and learning that is offered to them.
While 69% said they also can’t afford to buy the NFT assets needed to play, and 32% said it’s more fun than playing on their own.
Asked why they chose Balthazar, 70% said it’s because of the opportunities to earn more money, as well as 63% for the ongoing support and 67% said it’s more engaging than other guilds.
Many people in the Balthazar community rely on play-to-earn games as their primary source of income, as 69% of respondents are not working (many of which are students). Less than one in three (27%) said they have one job while 3% said they have more than one.
63% of the respondents said they support at least one other person financially, of which 5% said they financially support 6-10 people.
Over half (52%) said they have used their game earnings for basic necessities and personal needs such as food, housing and bills, while 19% said they have used it for education expenses.
Comments from John Stefanidis, CEO of NFT gaming platform Balthazar:
“I’m not surprised by these findings because, just like us, our community is incredibly excited about the future in NFT gaming and the potential earning opportunities offered through Balthazar. They love play-to-earn games and many are ready to quit their other jobs to play NFT games instead, as they could potentially be earning the same, if not more from playing NFT games.
“There is something special about Balthazar’s community, as we bring a unique experience unlike other guilds. We believe in creating a fun and nurturing community and we provide support and training as well as loads of fun initiatives.
“We believe that play-to-earn games will be the biggest disruptor in the crypto space this year, as well as the video game industry, as more gaming companies, crypto holders and traditional investors are investing in the space.
“I’m most excited about the redistribution of wealth from traditional gaming companies to people who need it most and into their economies. Gaming platforms like Balthazar are innovating in the metaverse, by not only creating token utility, but also building a self-sustaining ecosystem allowing more people access to crypto.”
Methodology:
Balthazar’s Community Insights Report was compiled through an online form distributed to its Discord community between February 15-March 7, 2022.
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FreezeNova
10-15% Of Gamers In Florida Show Signs Of Gaming Addiction: Here Are 10 Signs Your Kid Is Suffering From It (And How You Can Help)
Recent studies indicate that 10-15% of young gamers in Florida exhibit signs of gaming addiction. These findings underscore the need for early identification of symptoms to prevent negative impacts on children’s mental and physical health. Gaming addiction, if not dealt with, can lead to poor academic performance, social withdrawal, and even health problems.
Marin Cristian-Ovidiu, CEO of FreezeNova, discusses key indicators of gaming addiction and offers practical advice for parents.
Recognizing Early Signs
“Early recognition of gaming addiction is crucial in preventing long-term negative outcomes,” Marin explains. The following signs can help parents identify if their child might be developing an addiction:
Exhaustion and Irritability
Constant tiredness and grumpiness during the day could indicate late-night gaming sessions interfering with sleep.
Gaming Obsession
If gaming dominates your child’s thoughts and conversations, and they plan their day around it while neglecting other responsibilities, it could be a sign of addiction.
Decline in Academic Performance and Lost Interests
A noticeable decline in academic performance or loss of interest in previously enjoyed activities may suggest your child is prioritizing gaming over more important tasks.
Emotional Volatility
Extreme emotional reactions to in-game outcomes, such as uncontrolled anger, known as ‘Gamer Rage’, or intense celebrations, could indicate an unhealthy attachment to gaming.
Physical Strain
Signs of repetitive strain injuries like ‘Gamer’s Thumb’ or ‘Nintendo Neck’ from prolonged screen time are warning signals.
Neglecting Basic Needs
If your child is neglecting basic needs like eating, sleeping, or hygiene to keep playing, gaming has likely taken an unhealthy control over their life.
Creating a Supportive Environment
While video games can be a great source of entertainment and connection, around 70% of people with signs of gaming addiction also experience social disorders. Marin recommends a few tips for building a supportive and open environment for your child.
Teamwork and Setting Boundaries
“Parents and children should work together to create a healthy gaming environment. Gaming addiction requires a holistic approach,” Marin advises. Start by setting clear boundaries on gaming time to ensure there’s room for schoolwork, chores, and quality family time.
Revisit activities your child once loved, like football practice or exploring new hobbies together. It’s vital for your child to take breaks from screens, so create a balanced daily routine that includes homework, chores, exercise and just some gaming time. This allows your child to enjoy their games without neglecting other aspects of their life.
Open Communication
Maintain open communication. Discuss the games your child enjoys and any concerns you might have. By understanding their world, you can work together to find solutions.
Remember, you’re not alone. If you feel overwhelmed, seek professional help from specialists in gaming addiction. Marin concludes, “By working as a team, setting clear boundaries, and fostering open communication, we can help your child develop a healthy relationship with gaming and thrive in all areas of life.”
SYNOT Games has announced that more than 140 of its games have now been officially certified in Brazil.
“We are delighted to announce that more than 140 of our games have now been officially certified in Brazil. This significant achievement allows us to expand our reach and introduce a diverse selection of games to this dynamic market. Brazil represents a key opportunity for growth, and we are committed to delivering exceptional gaming experiences to the Brazilian audience,” the Company said.
“We are thrilled to introduce our portfolio in Brazil, offering innovative and engaging gameplay that promises to captivate and entertain players,” Martina Krajci, CCO at SYNOT Games, said.
Gaming
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Proper identity verification (Know Your Customer or KYC)
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Location verification of customers
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