Play-to-earn game hopes to attract users with “win-win-win” scenario
London-based gaming startup Tribally is revolutionizing the play-to-earn (P2E) sector with a focus on sustainable rewards.
The platform operates as a social network for gamers, enabling users to monetize their contributions through its native token, $TRIBAL.
Tribally’s unique wager system allows players to enhance their earnings while preserving in-game economies.
By utilizing $TRIBAL and $USDC for wagers, players earn commissions on all bets, with revenue allocated to players, the ecosystem, and the platform’s services.
Since its launch in November 2023, Tribally has attracted 70,000 active gamers by July 2024.
The majority of its community is based in the Philippines, a strategic focus for the company.
Tribally has partnered with Bitskwela to provide educational resources and a university tour aimed at empowering Filipino gamers.
This initiative includes online courses and workshops designed to enhance knowledge in the P2E landscape.
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