Axie Infinity, Bit2Me Partner, Amid Record-Breaking NFT Sales

Axie Infinity, the Ethereum-based video game has been rather popular over the last year as its Play-to-earn (P2E) pet training world saw a significant jump in demand.

After the recent news of the platform surpassing $4 billion in all-time non-fungible token (NFT) sales, the company also announced a new partnership with Bit2Me focused on boosting growth in the space. 

In the crypto-verse, partnerships and collaborations have often been key to network development as well as boosting projects’ social narrative. 

Focusing on Ecosystem Developments

Axie Infinity, recently entered a strategic alliance with Bit2Me, one of the biggest Spanish cryptocurrency-based financial technology services platforms, to push the company’s presence in Portugal, Spain, and Latin America.

After the partnership, Bit2Me is set to be one of the AXS exchange partners for players in Southern Europe and LATAM.

Axie Infinity players will have all the advantages offered by the platform, such as telephone support in Spanish and Portuguese by native agents, among others. 

Reportedly, the co-founder of Axie Infinity, Jeffrey Zirlin, had been personally interested in the markets of Portugal and Spain due to the high demand building up in those nations.

Furthermore, in interviews, Koh Onozawa, CEO of B2M (Native token of Bit2Me) said that the current exchange from fiat to cryptocurrencies in Bit2Me is only available with the euro, however, the team is working hard so that the direct exchange from fiat currencies from Latin American countries could also be in the pipeline soon. 

By increasing visibility, accessibility, and promoting network development the partnership is expected to reap benefits to both firms. That said, Axie Infinity is also said to obtain a noticeable reinforcement of the educational material related to the project in the Bit2Me Academy, a free crypto educational portal that reached 2.9 million visits last year. 

Axie Infinity Price Rises

Axie Infinity’s native digital currency AXS has appreciated by approximately 2876.34% against the US dollar over the last year. At press time owing to the recent partnership announcement and developments such as its NFT sales hitting $4 Billion, AXS token seemed to be gaining some ground in terms of price. 

AXS’s price at the time of writing was around $54.49 noting 4.93% daily gains. However, the coin was down 5.23% on the week while its short-term ROI vs USD was -4.43% on the weekly time frame. 

AXS’s three-month ROI vs USD was -60.18% since the coin was down 67% from its all-time high price of $164.06.