According to the data of Axie Infinity (AXS) NFT sales totaled over $4 billion. Cryptocurrency play-to-win games continue to grow in popularity.
According to the data, even the NFT trading made in the last 24 hours in the Blockchain-based game is around $ 2.5 million.
Axie Infinity Becomes World’s Highest Volume NFT Collection
The company’s founder and COO, Aleksander Leonard Larsen, said in his statement:
“Axie Infinity has surpassed the $4 billion mark in NFT sales among players. It was the most traded NFT collection ever!”
Larsen stated that in the games market, usually game developers get 100% of sales, but Axie’s business model is different and only 4.25% of each transaction is transferred to Axie management.
Developed by Vietnamese startup Sky Mavis, players use NFTs called Axie in the Axie Infinity game. In the game inspired by Pokemon, users fight each other.
Axies in the game can be earned by playing the game and then offered for sale and traded in the game’s marketplace.
It is noteworthy that the sales volume of the game is approximately two times higher than the NFT collection CryptoPunks, which has the highest sales volume.
The “alien Cryptopunk”, which was stated to be rare by CryptoPunks producer Larva Labs, had a buyer for approximately $ 24 million last week. Despite this, the volume of CryptoPunks NFT collection is around $2.06 billion, while Axie Infinity’s sales volume has exceeded $4 billion.
Cryptocurrency Metaverse game Axie Infinity was released in 2021. The price of the AXS token has increased by over 18,000% since its inception.