The GameFi video game, which propelled NFTs into the limelight, holds domination over other NFT-related projects in dozens of places.
The world of NFTs has grown beyond expectations and now hosts millions of people around the world. Now sales of NFT collections may make one think that the Bored Ape Yacht Collection is the biggest NFT collection to exist, however, the reality of the situation is starkly different.
That is true. Axie Infinity’s NFTs do rule NFTs in a lot of places around the world, except for the United States, where Decentraland has a much higher demand.
But apart from that, in more than 112 countries, Axie Infinity is the most searched for community NFT. The closest competition it has is Decentraland which too only holds the title in 43 countries.
In Oceania, particularly, which compromises Australia, Papua New Guinea, Fiji, and New Zealand, Axie Infinity has absolutely no competition.
While on the other hand, Africa has a wide range of NFT collections finding preference in different countries. Apart from Axie Infinity and Decentraland, NFT collections such as Sorare, Bored Ape Yacht Club (BAYC), and Town Star are also favorites.
Although Axie Infinity and Decentraland are a favorite among NFT collectors/traders, investors haven’t shown such interest in their native tokens. At the time of writing, AXS and MANA were trading at $15.4 and $0.89, respectively.
Recovering from the 37.46% crash, AXS marked a 16.6% rally over the last three days, but the coin still has a long way to go before it can attract the attention of spot investors.
Holding a Mass Media Degree has enabled me to better understand the nitty-gritty of being a journalist and writing about cryptocurrencies’ news and price movements, effects of market developments, and the butterfly effect of individual assets nurtured me into a better investor as well.