{"id":2649,"date":"2022-01-14T07:19:05","date_gmt":"2022-01-14T07:19:05","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=2649"},"modified":"2025-12-30T08:46:48","modified_gmt":"2025-12-30T08:46:48","slug":"a-virtual-land-in-axie-infinity-has-been-sold-for-2-4-million","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/a-virtual-land-in-axie-infinity-has-been-sold-for-2-4-million\/","title":{"rendered":"Record Sale: Virtual Land in Axie Infinity Fetches $2.4 Million"},"content":{"rendered":"\n<p>In the <strong>Ethereum blockchain-based<\/strong> game Axie Infinity, a significant transaction occurred when a virtual land was sold for $2.4 million, equivalent to 550 ETH, setting a record.<\/p>\n\n\n\n<p>The gaming platform, which operates on the Ethereum blockchain, announced through ArcaChemist that this digital terrain was purchased by a player known as Lunacian #789512.<\/p>\n\n\n\n<p>This sale marks a notable event in the realm of blockchain gaming, reflecting the high value placed on digital assets in this emerging market.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\u2728A Genesis Land Plot just sold for 550 ETH!<br><br>That&#39;s over 2.3 M USD!<br><br>Our player-owned Digital nation continues to shock the world \ud83d\ude4c\ud83d\udd25 <a href=\"https:\/\/t.co\/SVvAtFNYUF\">pic.twitter.com\/SVvAtFNYUF<\/a><\/p>&mdash; Axie Infinity (@AxieInfinity) <a href=\"https:\/\/twitter.com\/AxieInfinity\/status\/1463604552335335429?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 24, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"su-ana-kadar-yapilmis-en-buyuk-sanal-arazi-satisi\">Biggest virtual land sale ever<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Record-Sale-Virtual-Land-in-Axie-Infinity-Fetches-2.4-Million-1-1024x683.jpg\" alt=\"Record Sale: Virtual Land in Axie Infinity Fetches $2.4 Million\" class=\"wp-image-8732\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Record-Sale-Virtual-Land-in-Axie-Infinity-Fetches-2.4-Million-1-1024x683.jpg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Record-Sale-Virtual-Land-in-Axie-Infinity-Fetches-2.4-Million-1-300x200.jpg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Record-Sale-Virtual-Land-in-Axie-Infinity-Fetches-2.4-Million-1-768x512.jpg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Record-Sale-Virtual-Land-in-Axie-Infinity-Fetches-2.4-Million-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In a statement released on Wednesday, it was announced that a &#8216;Genesis&#8217; type sandbox, recognized for its rarity, was sold for 550 ETH, equivalent to $2.4 million. This transaction is considered the largest digital land sale to date.<\/p>\n\n\n\n<p>Axie Infinity, a game operating on a play-to-earn model, is set in a virtual world known as &#8216;Lunacia.&#8217; In this game, players have the opportunity to earn the SLP (Smooth Love Potion) token.<\/p>\n\n\n\n<p>Players engage in creating, breeding, and nurturing characters called &#8216;Axies.&#8217; Additionally, these characters can be used in battles against other players or computer-controlled opponents, adding a competitive edge to the game&#8217;s immersive experience.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">ABOUT \ud83d\udc7e Axie Infinity<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>What is it?<\/strong> A turn-based strategy game inspired by Pok\u00e9mon and Tamagotchi, where players engage in battles.<\/li>\n\n\n\n<li><strong>Core Assets:<\/strong> Players collect, raise, breed, and battle unique digital creatures called <strong>Axies<\/strong>.<\/li>\n\n\n\n<li><strong>Ownership:<\/strong> The Axies and virtual land are represented as <strong>NFTs (Non-Fungible Tokens)<\/strong>, meaning players have true ownership of their in-game assets and can trade them freely on the marketplace.<\/li>\n\n\n\n<li><strong>The Economy (<em><a href=\"https:\/\/metaverseplanet.net\/blog\/play-to-earn\/\" data-type=\"category\" data-id=\"143\">Play-to-Earn<\/a><\/em>):<\/strong> Players can earn cryptocurrency tokens, primarily <strong><em><a href=\"Source: https:\/\/metaverseplanet.net\/smooth-love-potion\/\">Smooth Love Potion (SLP)<\/a><\/em><\/strong>, by winning battles and completing quests. These tokens can be sold on crypto exchanges.<\/li>\n\n\n\n<li><strong>Governance:<\/strong> The ecosystem also uses the <strong>Axie Infinity Shards (AXS)<\/strong> token, which allows holders to participate in the governance of the platform (voting) and earn rewards through staking.<\/li>\n\n\n\n<li><strong>Platform:<\/strong> It was built by Sky Mavis and primarily operates on the <strong>Ronin Network<\/strong>, an Ethereum-linked sidechain, to ensure faster and cheaper transactions.<\/li>\n<\/ul>\n\n\n\n<p><strong>In short:<\/strong> <strong><em><a href=\"https:\/\/metaverseplanet.net\/axie-infinity\/\">Axie Infinity<\/a><\/em><\/strong> is a digital world that blends gaming with cryptocurrency, allowing players to earn income and own assets simply by playing and contributing to the ecosystem.<\/p>\n\n\n\n<p>Would you like more detail on the game&#8217;s mechanics, its economic model, or the cryptocurrencies it uses (AXS\/SLP)?<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">You may also like this content<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>In the Ethereum blockchain-based game Axie Infinity, a significant transaction occurred when a virtual land was sold for $2.4 million, equivalent to 550 ETH, setting a record. The gaming platform, which operates on the Ethereum blockchain, announced through ArcaChemist that this digital terrain was purchased by a player known as Lunacian #789512. This sale marks &hellip;<\/p>\n","protected":false},"author":1,"featured_media":8735,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[322,309],"tags":[73,317,318,315],"class_list":["post-2649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse1","category-web3new","tag-axie-infinity-news-blog-content","tag-crypto-news","tag-metaverse-news","tag-play-to-earn"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/2649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=2649"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/2649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/8735"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=2649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=2649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=2649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}