3. Axie Infinity And CryptoPunks NFTs Surpass $1 Billion In Lifetime Sales
Axie Infinity and CryptoPunks are currently two of the most significant NFT projects in the blockchain and cryptocurrency industry. While Axie Infinity is a blockchain game where you collect blob-shaped creatures called Axies, CryptoPunks is an NFT project with a series of 10,000 24x24 pixels characters which are all unique.
In August, Axie Infinity became the first-ever NFT project to achieve a record $1 Billion in lifetime sales. Currently, 2.8 million active players and $3.6 billion have been traded on the in-house marketplace.
Following this feat, CryptoPunks in the same month surpassed $1 billion lifetime sales. In fact, when Axie Infinity created the record, NBA Top Shots was the second biggest NFT project in terms of its lifetime sales. However, with this, CryptoPunks went on to become #2.
While these might just be numbers, Axie Infinity is a blockchain game that brings together cryptocurrencies, NFTs and is perhaps one of the earliest projects that popularized the play-to-earn business model. The idea was simple - To let players truly buy, own, sell, or trade in-game assets and play in exchange for money that can be used in real-time.
Post this, the blockchain gaming industry has never been the same. Now numerous such games are emerging, trying to tap into various genres such as fantasy adventure to help people earn a stable living with just gaming.
