Web3 Gaming: Building the Future of the Philippines with Local and International Support

METRO MANILA, Philippines - Dec. 4, 2023 - PRLog -- Six sectors are driving the digital economy in the Philippines, according to Department of Information and Communications Technology (DICT) Undersecretary Jocelle Batapa-Sigue at the recently concluded YGG Web3 Games Summit.

"The second sector after transport is gaming, and it means that we really have a very robust and vibrant gaming industry," Batapa-Sigue noted.

The first-ever YGG Web3 Games Summit, organized by Yield Guild Games, was held in Bonifacio Global City from November 18 to 25 with the support of Hyperplay, Aura, Globe, and others. The summit brought together over 90 local and international Web3 game developers, content creators, esports athletes, Web3 VCs and various government officials for a week-long celebration of Web3 gaming and showcased the community's commitment to securing the Philippines' role as the home of Web3 gaming adoption.

YGG Pilipinas Country Lead Mench Dizon described the summit as "the Web3 games event to watch out for," with the summit being the equivalent of the Game Developers Conference in San Francisco but for Web3 games.

Designing the future with Web3

It was perhaps Batapa-Sigue who left the audience with the strongest rallying cry to the future of Web3 gaming in the Philippines: "We need to create the future that we want."

"I am challenging this generation, this innovative start-up generation. Let's move from 0 to 1, let's create and start things, and the government is here to help you experiment. Make sure if you fail, you fail wisely and you pivot immediately because that is what we need. We need to be creative, we need to design for the future that we want, starting with Web3," she said.

"We take a look at the community and we search for champions, and so I am happy that I am now in the midst of them, you have Atty. Nathan Marasigan, founding trustee of Web3 Association Philippines, and of course Mr. Gabby Dizon here of Yield Guild Games and all of the other Web3 founders. And we are happy that we have this thriving community of champions and founders," continued Batapa-Sigue, closing "What we do is we empower and equip these champions, we catalyze them, we look for platforms and ways to put the blessings of the government towards you coming together and creating your own ecosystems."

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