Disclosure: Delphi Ventures has invested in AXS. Members of our team also hold AXS and Axie NFTs. We do not hold or directly benefit from any Land highlighted in this post. This statement is intended to disclose any conflict of interest and should not be misconstrued as a recommendation to purchase any token. This content is for informational purposes only, and you should not make decisions based solely on it. This is not investment advice.
- Land activity and speculation have steadily been on the rise since May, benefiting from the recent virality and overall growth of the Axie ecosystem. Floor prices have risen by 230% to 313% over that time depending on Land type.
- Aside from rarity, which is self intuitive enough, Land is valuable based on its proximity to 4 main things – 1) roads, 2) rivers, 3) resources/chimera nodes and 4) Luna’s Landing. Being adjacent to these areas improves resource extraction.
- Importantly, items and resources can provide an income stream when sold in the marketplace. In effect, this makes Land a yield generating asset. The more resources that can be extracted from the Land, the higher its yield can be.
- Only a quarter of the map is in circulation today. The rest will be sold in the future with proceeds from the sale going to the Axie community treasury. If current market prices are indicative of future proceeds, then this could be very value accretive to AXS