- Enthusiast Gaming’s (EGLX) most recent EV.IO NFT drop sold out in just six hours
- The 2,500-token drop took place on the Magic Eden marketplace on August 19, 2022, with prices ranging between 2.00-2.50 SOL
- The company views the sale as a testament to its NFT capabilities and EV.IO’s untapped revenue potential
- Enthusiast Gaming is an integrated entertainment company focused on video games and esports
- Enthusiast (EGLX) is down by 3.11 per cent trading at $1.87 per share
Enthusiast Gaming’s (EGLX) most recent EV.IO NFT drop sold out in just six hours.
EV.IO is a free first-person shooter game for Web 3.0 developed by Addicting Games, an Enthusiast subsidiary. The game is played by over 1 million users every month.
The 2,500-token drop took place on the Magic Eden marketplace on August 19, 2022. Prices ranged between 2.00-2.50 SOL.
Magic Eden has experienced a steady rise in users and transaction volume in recent months, ranking as the second-largest NFT marketplace in June according to DappRadar.
“We are proud to have EV.IO be considered a first-class, top-tier game on the entire Solana blockchain. Selling out in just a few short hours is yet another proof point that our NFT strategy is beginning to materialize,” said Bill Kara, Enthusiast’s President.
“Since the launch of EV.IO earlier this year, we have unlocked two new in-game revenue streams – NFTs and direct sales. As EV.IO continues to mature and the audience grows, we believe there can be additional revenue opportunities,” he added.
Enthusiast Gaming is an integrated entertainment company focused on video games and esports.
Enthusiast (EGLX) is down by 3.11 per cent trading at $1.87 per share as of 11:18 am EST.
