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    Home » News » Axie Infinity land plot goes for a record-breaking $2.4M

    Axie Infinity land plot goes for a record-breaking $2.4M

    By James EllisNovember 26, 2021Updated:March 1, 20232 Mins Read

    It is no surprise that Axie Infinity plots of land are selling at high prices. The popular play to earn game is now the most traded NFT collection ever. However, no one could have predicted yesterday’s record-breaking sale.

    Axie Infinity play to earn blockchain game land
    A plot of Axie Infinity land sold yesterday for 550 ETH ($2.48 million)

    The land is becoming a precious commodity within the game and the sale yesterday proves it. A rare piece of Axie Infinity land sold for 550 ETH, around $2.48 million in today’s market. This particular plot of land is called a ‘genesis’ plot, and it is one of the rarest in the game. In fact, there are only 220 of the Genesis land plots in existence.

    Axie Infinity is the biggest of all the play to earn games. The hugely successful Pokémon series inspired the blockchain-based game. In-game, you can collect, breed, raise and battle adorable creatures called Axies. Additionally, players fight against each other to earn Smooth Love Potion (SLP), a cryptocurrency.

    Furthermore, all Axie Infinity in-game items are NFTs, including land, clothing and even the Axie creatures.

    Axie Infinity popularity.

    In quarter three of 2021, the trading volume of Axie Infinity was $2.5 billion, making it the most traded NFT game of the quarter.
    Along with a rise in popularity on play to earn NFT games, Axe Infinity announced a series of upgrades. In October, the team announced AXS Staking. AXS Stalking allows users to lock their AXS to the Ronin sidechain, giving them additional AXS rewards. It is extremely popular, and user activity has risen by over 90% since its implementation.
    Finally, now people realise the importance of owning land within Axie Infinity, and the prices are going crazy. Indeed, it won’t be long before the Axie Infinity land sale record get broken again.

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Axie InfinitySky Mavis
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    James Ellis
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    James is an English teacher and freelance writer with a passion for NFTs, football, film and technology.

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