While “play-to-earn” is one of this year’s crypto currencies, Axie Infinity has booked a spot in the Web3 Hall of Fame: here’s why
- Endless Ascension of Axia Infinity
- Third most popular dApp in the entire Web3 sphere
Jeffrey Zirlin, co-founder and growth leader of Vietnamese decentralized gaming heavyweight Sky Mavis, recalled some stats from the last day of 2020. Here’s how much his flagship Axie Infinity has earned over the past 12 months.
Endless Ascension of Axia Infinity
Mr Zirlin (@Jihoz_Axie) took to Twitter to share some numbers to show the progress of GameFi’s flagship Axie Infinity protocol in 2021.
Posted exactly one year ago:
– Last year, that day, 27,000 people owned Axies. Now almost 3M
– 20,000 ETH volumes from the Axie market last year. 1.2 M in 2022.
Let’s look back to look forward. Https://t.co/wipXYxoSNx
– The Jiho (@Jihoz_Axie) December 30, 2021
A year ago, according to estimates by analysts at the Nansen chain, nearly 27,000 crypto enthusiasts owned “Axies”, that is, fictional axolotls that live in the Axie Infinity metaverse.
Today, the number of Axis owners has eclipsed three million. As such, that number has increased 111 times in the past 24 months and almost 1,000 times since January 1, 2020.
The aggregate transaction volume of the gaming market (a platform on which GameFi enthusiasts can buy / sell their Axies) has grown from 20,000 Ethers to 1.2 million Ethers.
Third most popular dApp in the entire Web3 sphere
Also, according to the Web3 Dappradar tracking dashboard, as of December 2021, Axie Infinity is the third most popular decentralized application in the world.
With 750,280 active users in the last 30 days, it is only surpassed by the leading BSC-based decentralized cryptocurrency exchange ecosystem and the PancakeSwap (CAKE) farming ecosystem of yield and the Alien World game.
As covered by U.Today previously, Axie Infinity has established itself as the most popular blockchain game in this GameFi mania. On October 5, 2021, its creators, Sky Mavis, secured $ 152 million from a leading VC group.
Led by the legendary Andreessen Horowitz, this cycle was to fuel the progression of the Axie Infinity, Ronin DEX, and Project K.