A plot of digital land just sold for $2.3 million on Axie Infinity, as the real-estate race heats up across the metaverse
Artur Debat
The metaverse may only be in its infancy, but the real-estate wars are heating up. Another plot of digital land sold this week for more than $2 million in a virtual world, highlighting how much investors are willing to pay out to secure space before the metaverse really goes mainstream.
This time, it was a Genesis land plot on Axie Infinity. The play-to-earn platform said in a tweet on Wednesday that a piece of land had sold for 550 ether, worth over $2.3 million at current levels. Axie Infinity allows users to create digital pet axolotls to play games, buy land and other asets and win and sell axie-related non-fungible tokens (NFTs). It even has its own cryptocurrency — AXS — which is one of the most traded among metaverse-linked
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