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It generated more than $ 1 billion in revenue from an Ethereum-based game

Released in 2018, Axie Infinity uses the Pokémon concept to ride the cryptocurrency fever. In the Vietnamese-developed game, you can collect, fight, and trade monsters (Axies), but these virtual creatures are also NFTs that can be sold for Ethereum, meaning they are irreplaceable tokens.

This is far from the case. the only play-to-earn title on the market, but was recently spectacularly picked up by the press for a youtube documentary in which unemployed Filipinos living out of the game shared their experiences.

And media coverage recent data from DappRadar suggests that Axie Infinity has become the most revenue-generating NFT project of all time: from 108,000 in June to over 1 million daily active users, generating $ 780 million in revenue in the last 30 days generated, with 1.4 billion unique transactions.

Based on the current total, the game is already approaching $ 1.4 billion in revenue. However, before you rush to collect Axies, it’s important to note that Pokémon is a much cheaper pastime. For entry-level monsters, Ethereum is currently worth $ 2-300, and a minimum of three is required to get started.

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Anyone who is persistent, lucky and gracious to the ETH exchange rate can really reap the benefits of the program: a replenished Axie dollar It can reach thousands, but digital objects and real estate are also changing hands at a peppery price in the game’s microeconomic market.

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Sandra Loyd
Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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