Axie Infinity (AXS) to become the first non-fungible token (NFT) series to break $4B in sales

Play-to-earn superstar Axie Infinity became the first non-fungible token (NFT) series to cross the US$4 billion mark in historic sales early Tuesday morning Asia time, according to CryptoSlam data.

  • Running on the Ethereum sidechain Ronin, Axie Infinity’s total sales volume is almost double the value of the second-place NFT collection, CryptoPunks.
  • The NFT market has had a booming start to 2022, with January recording one of the strongest monthly sale records to date, despite the cooling in the broader crypto market.
  • Axie Infinity is a game in which players battle “Axies” — small Pokémon-like creatures that are also NFTs — to earn the in-game token SLP, which is used to breed Axies, trade in the spot market, or stake for profits.

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