A plot of digital land in Axie Infinity, an animated, metaverse pet-training game, sold for $2.5 million which is about 550 Ethereum (ETH) on Thursday.
✨A Genesis Land Plot just sold for 550 ETH!
That's over 2.3 M USD!
Our player-owned Digital nation continues to shock the world ?? pic.twitter.com/SVvAtFNYUF
— Axie Infinity?? (@AxieInfinity) November 24, 2021
Genesis plots are particularly rare in the game, currently only 220 such plots exist, a factor that has driven up their value as the title’s popularity continues to balloon.
Reddit user’s reaction :
Earlier this week, a plot of digital land on the metaverse game Decentraland sold for some $3.2 million – this virtual real estate is snapped up by Tokens.com. The latter bought the virtual real estate in Fashion Street, a part of the map that has been earmarked as a new fashion and e-commerce hub. The Adidas brand Adidas Originals, meanwhile, has also brought virtual real estate on The Sandbox.
The Prices of these digital real estate is more than most homes in New York City and San Francisco.
Grayscale, Bitcoin (BTC) trust operator who released a report on the metaverse this week believe that party is just getting started, Metaverse is still emerging but many key components have started to take shape and are revolutionizing everything.
Greyscale added in there report that the metaverse had the potential to change the world’s “business models, culture and politics, and claimed that tech companies like Meta (formerly known as Facebook) and its own metaverse plans had acted “as a catalyst” for the fast-growing sector.
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