How successful was Axie Infinity's land staking - Report

AXS token had exceptional growth when everyone jumped on the P2E wave. However, when the cryptocurrency crash occurred, the token lost a lot of value.

In July 2022, the Axie Infinity team announced the addition of a land-stacking feature to its community users. This post will talk about Axie Infinity land-staking.

Axie Infinity was created by Sky Mavis, a technology-driven game studio launched in early 2018. Axie is motivated by Pokemon and Tamagotchi games. 

In July, the Axie Infinity team announced on Twitter that land-staking is now available. Axie Infinity said it values landowner loyalty and aims to give them more privileges and power over the shared ecosystem in the long run. Users can stake their lands and receive dividends in AXS.

The appeal in Axie Infinity seems to be growing again following the launch of the Land Bet attribute and the constant updates to the Origin battle game mode. In July 2022, sales were up almost +205% in just seven days after Staking went live.

Project co-founder Jeff Zirlin said via Twitter that the project has been "cured" by the active adoption of NFT land staking. Over the past few months, earnings at the game have plummeted to near zero.

According to information and data from CryptoSlam, Axie infinity generated $1.3 million in sales from 23,100 customers in just seven days, showing a nearly 205% increase for the week.