Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Axie Infinity Becomes First NFT Game To Reach $1 Billion In Sales

Axie Infinity Becomes First NFT Game To Reach $1 Billion In Sales

Ethereum-based Axie Infinity (AXS) just hit $1 billion in all-time sales, adding to the surging popularity of games based on non-fungible tokens (NFT).

The online video game developed by Sky Mavis allows players to generate profits through buying, breeding and selling digital pets known as Axies. Each Axie is minted as an NFT, enabling players to verify the authenticity of the digital creature in the blockchain.

As of this writing, $1,070,615,958 worth of tokens from the Pokémon-inspired NFT game have traded hands through 2.49 million transactions. There are 327,744 buyers, 956,431 owners, and more than a million daily active users, according to NFT analytics site CryptoSlam.

CryptoSlam also shows that most of Axie Infinity’s sales happened in the last 30 days, with 239,283 buyers purchasing close to $750,000 worth of Axies.

The game is also seeing an exponential rise in user adoption.

On June 8th, Sky Mavis reported that the number of daily active users (DAU) on Axie Infinity hovered around 110,000. Now the developer says the game’s DAU has exploded to over 1.02 million, representing an increase of nearly 830% in just two months.


Axie Infinity is the first NFT game to surpass $1 billion in sales. The next best-selling game is NBA Top Shot—the basketball trading card game, which runs on the Flow blockchain, has racked up $676 million in all-time sales—and Ethereum-based CryptoPunks, with $661 million.

What is Axie Infinity?
Shed the blockchain from Axie Infinity, and the game plays like a simple monster-battler. Axies have various stats that determine their fate in battles with other players, just like Pokémon.

The inclusion of cryptocurrencies makes the game a lot more lucrative than Pokémon, incentivizing players to spend and, with any luck, earn.

Crypto also makes Axie Infinity incredibly expensive. While a new Pokémon game costs well under $60 for a 100+ hour experience, a single Axie Infinity monster costs a couple of hundred dollars. Even this green shrub costs $60.

However, unlike Pokémon monsters, players are free to sell their Axie Infinity tokens on secondary markets—and, given today’s high milestone of $1 billion, they clearly are. Developer Sky Mavis calls the model “play to earn.”

While Axie Infinity grows fast in terms of adoption, its native token AXS continues to be a bright spot in the NFT space. CoinMarketCap shows that AXS has rallied from a 30-day low of $14.19 to a high of $53.28, marking a surge of over 275% in just one month. It’s currently trading at $42.55.

Source: Axie Infinity Becomes First NFT Game To Reach $1 Billion In Sales – Fintechs.fi

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Elon Musk Unveils Grokipedia: An AI-Driven Alternative to Wikipedia
Russia’s President Putin Declares Burevestnik Nuclear Cruise Missile Ready for Deployment
US Administration Under President Donald Trump Reportedly Lifts Ban on Ukraine’s Use of Storm Shadow Missiles Against Russia
White House Announces No Imminent Summit Between Trump and Putin
China Presses Netherlands to “properly” Resolve the Nexperia Seizure as Supply Chain Risks Grow
Merz Attacks Migrants, Sparks Uproar, and Refuses to Apologize: “Ask Your Daughters”
Apple Challenges EU Digital Markets Act Crackdown in Landmark Court Battle
Shouting Match at the White House: 'Trump Cursed, Threw Maps, and Told Zelensky – "Putin Will Destroy You"'
‘No Kings’ Protests Inflate Numbers — But History Shows Nations Collapse Without Strong Executive Power
"The Tsunami Is Coming, and It’s Massive": The World’s Richest Man Unveils a New AI Vision
EU Moves to Use Frozen Russian Assets to Buy U.S. Weapons for Ukraine
Europe Emerges as the Biggest Casualty in U.S.-China Rare Earth Rivalry
“Firepower” Promised for Ukraine as NATO Ministers Meet — But U.S. Tomahawks Remain Undecided
The Sydney Sweeney and Jeans Storm: “The Outcome Surpassed Our Wildest Dreams”
Dutch Government Seizes Chipmaker After U.S. Presses for Removal of Chinese CEO
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
Hungarian Prime Minister Viktor Orbán stated that Hungary will not adopt the euro because the European Union is falling apart.
Mayor in western Germany in intensive care after stabbing
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
BYD’s UK Sales Soar Nearly Nine-Fold, Making Britain Its Biggest Market Outside China
Latvia to Bar Tourist and Occasional Buses to Russia and Belarus Until 2026
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Munich Airport Reopens After Second Drone Shutdown
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
European Officials Fear Trump May Shift Blame for Ukraine War onto EU
The Personality Rights Challenge in India’s AI Era
Italy Considers Freezing Retirement Age at 67 to Avert Scheduled Hike
Italian City to Impose Tax on Visiting Dogs Starting in 2026
Study Finds No Safe Level of Alcohol for Dementia Risk
Trump Says Ukraine Can Fully Restore Borders with NATO Backing
Europe Signals Stronger Support for Taiwan at Major Taipei Defence Show
Germany Weighs Excluding France from Key European Fighter Jet Programme
Cyberattack Disrupts Check-in and Boarding Systems at Major European Airports
Björn Borg Breaks Silence: Memoir Reveals Addiction, Shame and Cancer Battle
When Extremism Hijacks Idealism: How the Baader-Meinhof Gang Emerged and Fell
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
Trump Orders $100,000 Fee on H-1B Visas and Launches ‘Gold Card’ Immigration Pathway
France’s Looming Budget Crisis and Political Fracture Raise Fears of Becoming Europe’s “Sick Man”
Three Russian MiG-31 Jets Breach Estonian Airspace in ‘Unprecedentedly Brazen’ NATO Incident
European manufacturers against ban on polluting cars: "The industry may collapse"
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
Christian Brueckner Released from German Prison after Serving Unrelated Sentence
×