NFT Gaming Platform Axie Infinity Surpasses $1 B in Sales

by in Blockchain News

Axie Infinity sales above $1 B

Data provided by shows that the decentralized gaming platform Axie Infinity, launched in 2018, surpassed $1 B from NFT sales. Thus, Axie became the first NFT game to break above this mark.

Related: Jumbish art organization announces joining NFT market

Currently, there is $1,055,735 worth of tokens from the Pokémon-inspired NFT game traded via 2.4 M transactions. The number of active users is over 1 million, 324,850 buyers and 936,065 owners. Interest in Axie Infinity went higher especially this summer. On July 27, the token AXS reached its all-time high of $53.28 on CoinMarketCap.

In 2021, the token's price has gone up by around 5.000%.

The platform is making progress at a fast rate. Around a fifth of Axie Infinity's sales was implemented over the previous week. July handled three-quarters of the sales.

Axie Infinity was created by Vietnam-based game studio Sky Mavis.

The governance token of the platform Axie Infinity Shards (AXS) was launched in November 2020. Currently, the token ranks 45 with a market cap of over $2.6 B. It is traded at around $43.