Play-to-earn game Axie Infinity (AXS) just breached $1 billion in all-time sales, adding to the surging popularity of games based on non-fungible tokens (NFT).
The online video game developed by Sky Mavis allows players to generate profits through buying, breeding and selling digital pets known as Axies. Each Axie is minted as an NFT, enabling players to verify the authenticity of the digital creature in the blockchain.
According to NFT analytics site CryptoSlam, Axie Infinity has made over $1.04 billion in all-time sales with over 2.4 million transactions, pushing the gaming platform to the top spot of the NFT collectibles space.
