non-fungible token-based (NFT) video game Axie Infinity has reached a new milestone as its all-time trading volume amounts to more than $ 1.1 billion.
According to data on DappRadar.com, a global app store for decentralized applications (DApps), there was $ 1.111 million in sales of Axie Infinity NFT. This covers sales made on both Axie Marketplace and other NFT platforms such as OpenSea and Rarible.
$ 1 billion milestone is the result of more than 2.5 million individual sales. What’s more, the data indicates that sales generated nearly $ 780 million in the last 30 days alone, with more than 1.4 million individual sales in that period.
Axie is currently the best-selling NFT collection of all time; sitting on Larva Labs CryptoPunks, as well as NBA Top Shot and Bored Ape Yacht Club at press time.
This milestone soon follows another earlier this month. representatives of Axie Infinity announced through the official account of the game that they have reached 1 million active users per day (SAD). se results in rapid succession indicate substantial growth on Axie’s part. Reports revealed that at the beginning of July, the blockchain-based game only had 350,000 DAUs.
AXS token growth
AXS project’s native token has seen its share of milestones in recent weeks, hitting an all-time high of $ 52.17 on July 27. This, in turn, followed the previous all-time high of $ 49.20 in just three days.
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Although AXS has fallen slightly since then, according to the data, it has held a comfortable position above the $ 40 mark. That said, data from CoinMarketCap showed a rise in the early morning of August 8. More specifically, the AXS price jumped from $ 40.65 to $ 46.34 in less than an hour.
Crypto game financing offers double as of 2020
As the popularity of metaverse and NFT games has increased, so has the interest and growth of blockchain-based gaming projects. A recent report revealed that blockchain gaming companies received nearly $ 500 million in funding in the first half of the year.
report, published by InvestGame, stated that cryptocurrency gaming companies had closed 24 deals between January 1 and July 31. Doubling the agreements concluded throughout 2020. Of the $ 476 million cited in the report, 75% was accounted for in three rounds of financing. Namely those of Mythical Games, Animoca Brands and Forte. three companies made $ 75 million, $ 89 million, and $ 185 million respectively.
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