Newsletter: Companies Reveal Their Web3 Plans in the Philippines

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Last week was pretty hectic for the BitPinas writers. Our first big story last week was Tier One Entertainment, the largest esports and gaming entertainment in the Philippines and Southeast Asia has revealed their intentions to enter the Web3 and NFT scene.

It was a big story, especially for those already in the industry. Tier One has more than 100 million fans across its network of talent and brands. I can understand their CEO Tryke Gutierrez’ viewpoint. They could go into NFT today. Heck, they could have entered NFT and play-to-earn at the height of its popularity in July of last year, but they chose not to: 

“I’m super excited to further explore it but with thousands of communities behind us, we have to make sure that we do the proper due diligence to fully see the landscape first before we rally everyone into a certain direction. Exciting times ahead!”

Tryke Gutierrez, CEO, Tier One Entertainment

And the next big event? CZ in the Philippines!

CZ, the CEO of Binance, was in the Philippines to discuss with the media their expansion plans in the Philippines. BitPinas writers were able to cover this thoroughly.

We also pinned our article: How to Get a VASP License in the Philippines, an article we created one year ago that surprisingly only received traction now. 

Not all is good news for CZ though. Despite the positive reports, PhilStar reported a text message from Department of Finance Secretary Carlos Dominguez, who reminded everyone that Binance is not registered in the country. 

More News and Features on BitPinas:



Events This Week

Wait, that’s a lot of meetups. How can we go to every one of these? 

Finally, a Meme!

What the OGs warned us during Bitcoin Pizza Day 20 days ago is happening right now.

This article is published on BitPinas: Newsletter: Companies Reveal Their Web3 Plans in the Philippines

Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.

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Michael Mislos

A business ad graduate from the Pamantasan ng Lungsod ng Maynila, Mike is the website manager of He is responsible for almost every content you see on the site, from topic/news selection to editing of articles. Mike believes correct information about blockchain and cryptocurrency can empower people to make accurate decisions about the industry, which, in turn, should deter bad actors from taking advantage of crypto & blockchain. [Telegram @mikemislos]