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The sale for 300 ETH concludes the amazing week for Axie

November 8, 2020

While the biggest names in the decentralized financial ecosystem (DeFi) rose to 100% in the second half of the week, Axie Infinity –the Pokemon-inspired NFT game– carried the banner of the NFT room and crowned a Week of Progress with Record Sales of 300 Ether (approx. $ 130,000 USD).

The extremely expensive Axie – the NFT-sponsored creatures played and fought in the Axie Infinity game – is called Angel and is one of the 19 “triple mystic” Axies out there today. Angel was sold on the NFT Opensea Market on Friday, where it was re-listed almost instantly for a staggering 666 ether (over $ 250,000)..

The sale closed an important week for the game that was full of updates and news. Highlights include a live streaming tournament called “The Last Lunacian”, a collaboration with the DeFi Aave loan protocol for a limited edition NFT set, and a gap of 9,000 active users per month.

The sale for 300 ETH concludes the amazing week for Axie
The sale for 300 ETH concludes the amazing week for Axie

Perhaps the most exciting thing for members of the Axie community, however, was that Edition of Axie Infinity Shards (AXS), Axie’s government brand, launched on Tuesday. According to Axie’s website, the tokens will be used to earn stake rewards, act as currency in Axie’s NFT market, and grant holders voting rights in the next system of governance.

“It is clear that the world is awakening to the tremendous potential of Axie Infinity and this special community we have cultivated,” said Jeff “Jiho” Zirlin, Axie Infinity’s growth director, in a statement to Cointelegrap. “AXS, Axie’s government sign, will be the cornerstone of our mission to empower millions of players.”

AXS was listed on Binance on Wednesdaywhere it is currently trading at $ 0.14, 40% more than its retail price.

The main metrics point to the game all year round. The total number of wallets with Axie NFT has increased from 3,045 to 14,929an increase of 490% and similar The total number of market participants rose from 2,056 to 10,042, which corresponds to an increase of 488%, both in the middle of parabolic trajectories, according to Nansen.

Axie’s advances may also reflect a growing interest in NFT space. In a recent interview, Jesse Johnson, co-founder of Aavegotchi, said so NFTs could soon become the backbone of DeFiand the NFT space as a whole has been valued at up to $ 100 million.

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

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

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