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Axie Infinity Plot Sells for $2.5M
The sale follows a $3.2 million purchase of virtual real estate in Decentraland earlier this week.
A plot of land in Axie Infinity, an animated, metaverse pet-training game, sold for $2.5 million on Thursday, according to a tweet on the game’s Twitter account.
- The 550 ETH sale was the highest for a single plot of virtual land, according to the tweet. The transaction was for a plot of Genesis land, one of several types available in the game.
Yesterday, an Axie Genesis Plot sold for 550 ETH!
— Axie Infinity | #AxieOrigins, #AxieHomeland (@AxieInfinity) November 25, 2021
This was the largest sale ever for a single plot of digital land ✨🔥
Learn about Land 👇https://t.co/6zPh0roPqG pic.twitter.com/4h5yERCwwO
STORY CONTINUES BELOW
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- The sale follows the purchase of virtual real estate in Decentraland on Monday for 618,000 MANA, or about $3.2 million. That was for an estate of 116 land parcels, according to Tokens.com, whose Metaverse Group subsidiary made the purchase.
- Interest in the metaverse, or shared virtual environments, has surged in recent months. In October Facebook said it was changing its corporate name to Meta to signal an increasing focus on the sector.
Sheldon Reback
Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.
