Highest transaction volume for an NFT collectible game
- Who
- Axie Infinity, Sky Mavis
- What
- 4,039,319,819 US dollar(s)
- Where
- Not Applicable
The most valuable NFT collectible game, in terms of overall sales volume, is Axie Infinity, developed by Vietnamese studio Sky Mavis. The game features a set of NFT items hosted on a custom Ethereum sidechain called Ronin. As of 24 March 2022, a total of 1,304,117 Ethereum (valued at $4,039,319,819) has been spent on NFTs from this collection.
Axie Infinity recorded $3.5 billion in NFT transactions in 2021, accounting for more than two-thirds of the volume within the blockchain gaming space. As of February 2022, that volume has continued to grow to $4 billion.
These NFTs can only be used within the game itself. They cannot be used or traded outside the game, unlike any other NFT collectible or art or video.
The tokens minted by Axie Infinity do not sell for anything like the prices of blue-chip NFTs such as Bored Ape Yacht Club or CryptoPunks, but they are produced in higher numbers and change hands with much greater frequency.