Record 300 ETH sale ends wild week for Axie Infinity

Record sale is a cherry on top of Axie Infinity’s strong week and even stronger year

While big names across the decentralized finance ecosystem (DeFi) rose 100%, Axie Infinity – the Pokémon-inspired NFT game – carried the flag into the NFT space, closing a progress wilderness with a record sale of 300 (about $130,000).

The incredibly expensive Axie – the NFT-supported bugs used to play and fight in the Axie Infinity game – is called Angel and is one of 19 current „mystical triple axes“. Angel was sold on Friday at the NFT marketplace Opensea, where it was almost immediately re-listed for an impressive 666 ether (over $250,000).

The sale of the game at the top of a strong week, full of updates and news. Among the highlights were a live broadcast „The Latest Lunacians“ tournament, a collaboration with DeFi Aave lending protocol on a limited edition NFT set, and a violation of 9,000 active monthly users.

Perhaps the most exciting for members of the Axie community, however, was the launch of Axie Infinity Shards (AXS), the Axie governance token, which went live on Tuesday. According to the Axie website, the tokens will be used to earn wagering rewards, act as a currency in Axie’s native NFT market and grant voting rights in the future governance system.

„It is clear that the world is awakening to the enormous potential of Axie Infinity and this special community that we cultivate,“ Axie Infinity’s growth leader Jeff „Jiho“ Zirlin said in a statement to Cointelegrap. „AXS, the Axie governance token, will be the foundation of our mission to empower millions of players.

AXS was listed at Binance on Wednesday, where it is currently traded at $0.14 – a 40% increase over the retail price.

Key metrics are enabled for the game throughout the year. The total number of portfolios currently holding an Axie NFT rose from 3,045 to 14,929, an increase of 490%, and similarly, market participants fully increased from 2,056 to 10,042, an increase of 488% – both in parabolic flights, according to data provided by Nansen.

Axie’s progress may also reflect a growing interest in the entire NFT space. In a recent interview, Aavegotchi co-founder Jesse Johnson said that NFTs may soon become the backbone of DeFi , and the NFT space as a whole has been valued at $100 million .

For his part, Zirlin believes that this is only the beginning for NFTs in games:

„This is just the beginning of a trend that will culminate with many of the world’s most popular games owned and operated by the communities that play them“.