![]() ![]() This article is not intended as, and shall not be construed as, financial advice. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is intended to be used and must be used for informational purposes only. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Do not reproduce without permission.This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). Related Article: Dogecoin Investors Warned About Doge Future 'Inflationary Dynamics' a Big Concern However, keep in mind that the situation is still developing, so it is hard to determine whether "Axie Infinity" and metaverse will continue their good fortune of boosted profits.įor now, it is undeniable that a lot of investors are trading big amounts on "Axie Infinity." This means the game might grow even better in the coming months. "Axie Infinity" and its growing community is just one of the many companies that will benefit from the metaverse. The same sentiment is shared to companies working on virtual reality and augmented reality. They said linked companies like Roblox and Instagram would see a huge profit in the coming years. Zuckerberg even changed Facebook's name to Meta, in line with the "company's vision to help bring the metaverse to life."Īlthough metaverse is nascent in terms of development, many investment firms already predict significant earnings in the digital world. This market momentum might be fueled by investors' interest on the growing metaverse.īased on earlier reports, the metaverse is Mark Zuckerberg's project of revolutionizing social connections and the internet. These recent sales emphasize that some digital lands have price tags higher than real-life homes, even in US' most expensive city. On a rival platform, "Decentraland," a digital property sold for $2.43 million. Read Also: Beware! Dangerous RATDispenser Malware Can Evade Anti-Virus, Steal Your Cryptos Axie Infinity Land Sale: Metaverse ExpandsĪccording to Market Insider, "Axie Infinity's" prior sale was nine plots of land worth 888.25 ETH, equivalent to $1.5 million at the time it was sold. Experts believe this might be the biggest contributor to the digital land's insane sale price. One of "Axie Infinity's" special assets is its metaverse-linked tokens. Over time, plots can be upgraded as a resource for investors playing the game. "Axie Infinity" also features other assets like non-fungible tokens (NFTs) and digital plots of land.įor reference, the product sold is called "Genesis land plot" on "Axie Infinity." Game developers said this Axie homeland is divided by tokenized plots that can act as homes and bases for Axies. The game features virtual pets called Axies, which players use to battle and breed. "Axie Infinity" is a play-to-earn platform for cryptocurrencies. We believe this is the largest sum ever paid for a single plot of digital land.Ĭongrats to the buyer and seller! /M52AN6uLZl- Axie Infinity□□ NovemAxie Infinity Land Price "Axie Infinity" also commented that it's "the largest sum ever paid for a single plot of digital land. "Axie Infinity" announced the shocking news on Twitter. It is also a sizable sum worth 550 ETH, which is equivalent to $2.3 million by current markets. Many felt surprised when a plot of virtual land sold for real money on Wednesday. Earlier this week, an investor bought $2.3 million worth of virtual land in "Axie Infinity." This proves that investors see a lot of potential in the future of cryptocurrency. ![]()
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