Axie Infinity bumps marketplace cut to 5.25%

Axie Infinity is adjusting its marketplace fee to 5.25% per transaction effective March 7, up from the previous rate of 4.25%.

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The announcement comes as the Sky Mavis-developed game launches a new referral system based on creator codes. This system will reward content creators across different social media channels for bringing in new players into the game.

“For transactions that involve a creator code, the community treasury will receive 4.25%, while 1% will be shared with the creator. For transactions that don’t involve the creator code, the community treasury will receive the full 5.25% fee,” explained the blockchain-based game. The community treasury is a “shared pool of funds” grown through marketplace fees and breeding fees.

Axie Infinity recently became the first NFT series to breach US$4 billion in sales. It earlier launched a builder program with participating teams set to receive at least US$5,000 worth of Axie Infinity tokens.

See also: 3 problems that might hinder Axie Infinity’s quest for game immortality