The Axie Infinity project has been successful and is a prime example of the massive opportunity that blockchain provides. Tokens in this game are rare and extremely valuable, with one token being traded for around $2 million. The success of these games will create an entirely new market which could change what we think about cryptocurrency as a whole.
The “estate plot sells for record million” is a news story about the sale of an estate that was originally purchased for $2.4 million and sold for $2.5 million. The buyer of the estate, who wishes to remain anonymous, plans on using it as a vacation home.
There isn’t a day that passes by without the NFT industry releasing a staggering sales statistic. Axie Infinity just made the largest land transfer in its history. A single transaction of 550 ETH (about $2.4 million in old money) was made.
The premium real estate in issue is one of just 220 genesis plots in existence, making it one of the metaverse’s most valuable assets. However, owing to a recent $3 million Decentraland purchase, it now ranks second in the history of digital real estate record-breaking.
550 ETH was been paid for a Genesis Land Plot!
That’s nearly 2.3 million dollars!
The world continues to be surprised by our player-owned Digital country. pic.twitter.com/SVvAtFNYUF
November 24, 2021 — Axie Infinity (@AxieInfinity)
The land mechanism in Axie Infinity consists of 90,601 distinct plots of various rarity that together make up the country of Lunacia, the Axie homeland. As a result, each portion of the Axie kingdom serves as a base of operations for the battle-weary Axolotls who call it home, making it upgradable, farmable, and fully inhabitable for the kingdom’s inhabitants. The Axie metaverse is presently being built, and it will give a whole new dynamic for players in the future. Despite this, Axie Infinity land remains a desirable commodity, with a current floor price of 3.3 ETH ($14k) for the simplest of houses.
Since its start, this army of aggressive amphibians has grown in power. We’ve seen an airdrop of $50 million in AXS tokens to its most devoted supporters, the introduction of AXS staking, and the debut of the fearsome Katana DEX in the last few months.
There will undoubtedly be more from this powerhouse of play-to-earn gaming.
Here’s where you may find the Axie land marketplace >>
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The “virtual estate plot sells record” is a cryptocurrency game that has sold for an incredible $2.4 million. This is the first time a virtual land plot has been sold for this much money, and it’s only the beginning of what’s to come in the future of gaming.
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