While “play-to-earn” is one of this year’s crypto currencies, Axie Infinity has booked a spot in the Web3 Hall of Fame: here’s why
Jeffrey Zirlin, co-founder and growth leader of Vietnamese decentralized gaming heavyweight Sky Mavis, recalled some stats from the last day of 2020. Here’s how much his flagship product Axie Infinity gained in the last 12 months.
Endless Ascension of Axia Infinity
Mr Zirlin (@Jihoz_Axie) took to Twitter to share some numbers to show the progress of GameFi’s flagship Axie Infinity protocol in 2021.
One year ago, as per the estimations of Nansen on-chain analysts, almost 27,000 crypto enthusiasts owned “Axies,” i.e., fictional axolotls that live in the Axie Infinity metaverse.
Today, the number of Axis owners has eclipsed three million. As such, that number has increased 111 times in the past 24 months and almost 1,000 times since January 1, 2020.
The aggregated trading volume of the in-game marketplace (a platform on which GameFi enthusiasts can buy/sell their Axies) spiked from 20,000 Ethers to 1.2 million Ethers.
Third most popular dApp in the entire Web3 sphere
Also, according to the Web3 Dappradar tracking dashboard, as of December 2021, Axie Infinity is the third most popular decentralized application in the world.
With 750,280 active users in the last 30 days, it is surpassed only by leading BSC-based decentralized cryptocurrency exchange and yield farming ecosystem PancakeSwap (CAKE) and the Alien World game.
As covered by U.Today previously, Axie Infinity has established itself as the most popular blockchain game in this GameFi mania. On October 5, 2021, its creators, Sky Mavis, secured $ 152 million from a leading VC group.
Led by legendary Andreessen Horowitz, this round was set to fuel the progress of Axie Infinity, Ronin DEX and the Project K ecosystems.
