Virtual land plot sells for US$ 2.4 million

by: Dynasty GI2021-12-06
A virtual plot of land available through the NFT game Axie Infinity sold for a record 550 ether, the equivalent of US$ 2.4 million.
Axie Infitinity is one of the most successful ‘play to earn’ NFT games in the market, which enables users to earn tokens that can then be exchanged for crypto or fiat currencies.

The land sold is one of the 220 plots located in an area known as Genesis at the centre of the Axie Infinity map. The latest record follows some other major acquisitions through the game – in February, nine Axie Infinity plots were sold for 888 ETH, the equivalent of US$ 4 million at current prices.

The latest record sale reflects the rising interest and popularity of virtual land in Blockchain-based games. Recently, Canada’s investment company Tokens.com bough land in Decentraland for the equivalent of US$ 2.5 million.

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