This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time sales.
The Sky Mavis Crafted Blockchain Game Axie Infinity Records More Than $4 Billion in Lifetime NFT Sales
The Ethereum-based video game Axie Infinity has been very popular during the last 12 months as the P2E pet training world has seen significant demand. The game’s native digital currency axie infinity (AXS) has increased by 2,544% against the U.S. dollar over the last year.
On the other hand, smooth love potion (SLP), hasn’t been so lucky and is down 70% in value year-to-date. Metrics indicate that there’s 53,502 AXS token holders today and out of 166,870 Axies there are 45,276 Axie owners.
This week, NFT metrics show, the project developed by Sky Mavis captured more than $4 billion worth of all-time NFT sales. Today, the average Axie Infinity sale price is $198.77 and the project has seen 1,905,222 traders, according to lifetime statistics.
With approximately $4.14 billion in all-time sales recorded at the time of writing, Axie Infinity is the third-largest NFT project in terms of all-time sales. The game’s NFT sales are below Opensea’s $21.85 billion and Looksrare’s reported $16.85 billion.
Despite the All-Time Sales Milestone, Axie Nft sales Are Down 40.58% During the Last Seven Days
While Axie Infinity is an Ethereum-based project, the game leverages the Ronin network so the network can scale without high fees and congestion issues. At the time of writing, the cross-chain Ronin Bridge has $3.3 billion total-vale locked, and it is down 15% since last week.
Statistics indicate that the Ronin-based decentralized exchange (dex) Katana is the fourth…
