Press "Enter" to skip to content

Axie Infinity Revenue Increased 48X from Last Quarter

The play-to-earn game Axie Infinity has earned $781.6 million in revenue during the July-September quarter, 48 times more than that of the previous quarter. 

During the second quarter of 2021, according to crypto research company Messari, the project produced $15.9, which was around 20 times of last quarter of the year 2020.

Even during the first quarter of 2020, it earned $1 million in revenue.

Source: Messari

Investors are quite bullish about the game. Given the quarterly performance, their high spirits are likely.

Recently the platform began its staking program and also rewarded its early adopters. This development pushed the price of its native token AXS to above $150 and a market cap of $9.36 billion, as per the Messari price tracker.

News recommendation: Federal Reserve has ‘No Intention’ of Banning Crypto

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Disclaimer: CoinCrunch.in content is informational in nature and is not meant to be investment advice. Buying, trading or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their due diligence before making any decisions. © 2020 CoinCrunch
    Latest Posts
    Send this to a friend