🌏Remedying Socioeconomic Disparities Through P2E

There are huge levels of socioeconomic disparity in many nations across the globe. Play2Earn (P2E) is an extremely efficient means of leveling the economic playing field.

Ironically, in times of crisis, it is the poorer classes that are hurt the most. Increases in the price of basic goods and general inflation hurt lower socioeconomic classes more than the higher-income class.

Lower-income classes typically have no outright property ownership, investments, or savings to offset a financial crisis. The only option is to take on debt (if available) which makes the situation even worse, in a downward spiral.

P2E gaming can solve this as it operates 24/7 with immediate payments, and these can be micropayments to get through the day. There are no withdrawal fees or long delays. Crypto can also appreciate in value during a banking crisis. P2E gaming has already been shown as a useful innovation to help lower socioeconomic classes.

During the COVID-19 pandemic, for example, Axie Infinity players in the Philippines earned so much that the government declared it to be a taxable means of income. According to a mother of three in a dedicated YouTube documentary:

“What matters is having money so we can eat, avoid debts, and get through every day. It sustained our daily needs, paid our bills, and debts. I was thankful to Axie because somehow it helped us.”

DogLibre aims to provide a fully comprehensive gaming ecosystem through its gamified NFTs that provide this kind of P2E revenue to players. However, it will have a much closer association with real-life rewards and be closely tied to the pet care industry.

P2E gaming ecosystems can be tied into wider industries. So $DOGL could become a coin specific for all dog care-related concerns (we are the only organized project specifically targeting this industry). $DOGL would be highly liquid and tradable for other cryptocurrencies and could be earned from quests achieved in the gaming ecosystem, along with prizes, airdrops, giveaways, quizzes, bonuses, and more.

In a more general sense, DogLibre will be creating many jobs through its various initiatives. Personnel will be needed to man the pet care facilities, to organize events, and for other hard assets. Small businesses that incorporate $DOGL into their payment ecosystem can benefit from rewards and loyalty programs.

Even activities such as walk-to-earn can help people from any socioeconomic background to earn $DOGL while burning some calories, for the dog and the human!

Just like the meme coin industry, P2E gaming is here to stay and will play a huge role in helping people earn an income. DogLibre will use all functional tools to expand its global reach and influence. This includes memes and P2E.