A virtual land in the popular NFT game Axie Infinity was purchased by another player for approximately $2.3 million, making it the most expensive land ever sold in the virtual world.
The platform, which allows players to earn Ethereum in exchange for the battles they fight, the special items they collect, and the characters they train, said in its announcement that one of its virtual lands was sold for 550 Ethereum (over $2.3 million).
According to Axie’s announcement, this land, called ‘genesis land’, was the most expensive virtual land ever sold. Axie congratulated the buyer and seller of the plot, saying that the player community continues to shock the world. The names of the buyer and seller players have not been disclosed yet.
What is Axie Infinity?
Axie Infinity is a game played with creatures called Axie. Axies are unique, unchangeable tokens that we refer to as NFTs. So once you own an Axie, it will be unique and belong only to you. Just like Pokemon, Axies have their own types, traits, and powers. To play the game, you must have a team with 3 Axies.
Popular NFT game Axie Infinity hit the $2 billion milestone in all-time sales as of September, according to data from measurement company DappRadar.
Axie Infinity developer Sky Mavis raised $152 million in Series B funding in October, with a valuation of $3 billion.