Category: axie infinity

Sneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

Sneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

The German multinational shoe and sportswear corporation Adidas recently announced the company has partnered with the cryptocurrency exchange Coinbase. Two days prior, The Sandbox tweeted about the popular shoe company and showed a video clip of Adidas real estate in the Sandbox metaverse. Metaverse Is an ‘Interesting Platform for Adidas’ According to a recent statement […]

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Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain […]

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Digital Land Plots Selling for Millions in Metaverse Projects

Digital Land Plots Selling for Millions in Metaverse Projects

The concept of the metaverse is starting to blow up, and many of the early companies that are invested in it are already reaping some of the benefits from this new trend in the market. Digital land plots in virtual worlds are now selling for millions of dollars on different platforms, including Decentraland and Axie […]

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Axie Infinity ($AXS) Surpasses SAND in Daily Sales, Sells Virtual Land NFT For Record 550 ETH

Despite the Sandbox’s SAND gaining massively across the month of November, the native token of Axie Infinity ($AXS) has now surpassed it in daily sales volume. Axie Infinity ($AXS) Tops SAND on Daily Sales Volume Chart According to data from Cryptoslam, AXS traded the hands of roughly 35,000 buyers over 90,000 transactions — a 3.4% increase […]

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NFT-based game Axie Infinity registers record-breaking $2.3M digital land sale

The Axie Infinity metaverse recently saw one of its digital plots sell for a whopping $2.3 million in Ethereum. The platform boasts of 2M daily users, daily trading volumes peaking at $40M, and considerable backing from serial investor Andreesen Horowitz. Blockchain-based NFT video game Axie Infinity has just recorded a digital land sale of 550ETH […]

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Monthly NFT Metrics Dive Bomb, NFT Sales Measured in USD Slip 16%

Monthly NFT Metrics Dive Bomb, NFT Sales Measured in USD Slip 16%

Non-fungible token (NFT) sales have dropped considerably during the last month as cryptocurrency values have seen significant losses in recent times. NFT sales saw a quick spike when a number of crypto assets neared all-time price highs in mid-November, but sales quickly plummeted back down following the crypto market downturn. A Number of NFT Sales […]

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Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens

Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens

There’s a new website the crypto community has been discussing called The NFT Bay, a web portal that operates in a similar fashion to The Pirate Bay (TPB), because the platform hosts a huge selection of NFTs stemming from various blockchain platforms for free. On Thursday, the web portal’s creator revealed a file called “The […]

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Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries […]

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There’s a land rush going on in the metaverse. But how do you value virtual land?

There’s a land rush going on in the metaverse. But how do you value virtual land?

Quick Take Investors are looking to snap up land in the digital metaverse, and new products are emerging to help them do that. But how do you value virtual land in a limitless digital world? This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The […]

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