NFTs, Dapps, Web3, and the power of the blockchain have unlocked incredible potential for creative and financial growth now and into the future.
Join us, WAX Piggy, to hear the latest news and be kept up-to-date on what is happening in the world of WAX and related gaming, earning and artistic initiatives!
In this edition, we’ll be talking about the gaming industry and how Axie Infinity is taking everyone by storm.
We project the continued rise of the AXS token as sales for various gaming decentralized applications surge to close to 800,000 active wallets.
Our new report speculates that the increase in gaming activity is largely driven by in-game non-fungible tokens.
One such example is the Axie Infinity metaverse, where you can collect and raise “Axies”, which are virtual creatures sold as NFT.
These creature NFTs can be used in both player-vs-environment or player-vs-player battles in the game.
Leveraging on the rapidly evolving online gaming industry, Axie Infinity has revolutionized the way you play and interact with fellow gamers.
In Q3, the blockchain platform has had more than 6.7 million sales to date, with a current 24-hour volume of more than $15 million.
In our newly published report, we note that when Axie Infinity enabled staking for its native AXS token last September, it added an additional layer of passive income potential.
Disclaimer: This information does not constitute investment advice or any other kind of advice.
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