Krishna Andavolu travels to the Philippines to learn more about the play-to-earn gaming phenomenon that has taken the country by storm, which critics claim resembles a Ponzi scheme. This segment is from the show ‘VICE’ which originally aired in June 2022 and includes an interview with Sky Mavis co-founder Jeff 'Jihoz' Zirlin on the day the Ronin network lost over 600 million dollars in cryptocurrency to a North Korean hack, the largest of all time. Click here to subscribe to VICE: http://bit.ly/Subscribe-to-VICE About VICE: The Definitive Guide To Enlightening Information. From every corner of the planet, our immersive, caustic, ground-breaking and often bizarre stories have changed the way people think about culture, crime, art, parties, fashion, protest, the internet and other subjects that don't even have names yet. Browse the growing library and discover corners of the world you never knew existed. Welcome to VICE. Connect with VICE: Check out our full video catalog: http://bit.ly/VICE-Videos Videos, daily editorial and more: http://vice.com Like VICE on Facebook: http://fb.com/vice Follow VICE on Twitter: http://twitter.com/vice Follow us on Instagram: http://instagram.com/vice Follow us on TikTok: https://www.tiktok.com/@vice?lang=en The VICE YouTube Network: VICE: https://www.youtube.com/VICE MUNCHIES: https://www.youtube.com/MUNCHIES VICE News: https://www.youtube.com/VICENews VICE TV: https://www.youtube.com/@VICE-TV/featured Noisey: https://www.youtube.com/Noisey Motherboard: https://www.youtube.com/MotherboardTV https://www.youtube.com/@VICESports Waypoint: https://www.youtube.com/WaypointVICE #gaming #blockchain #vice