In our last update on ERC-721 tokens on Nov. 12, we highlighted the spike in transfers of non-fungible tokens (NFTs) transfers to all-time highs as God’s Unchained, a blockchain-based gaming platform, surpassed the previous high set by CryptoKitties transfers back in 2017 during the mega bull run. As of Nov. 19, ERC 721 token transfers have again surpassed the ATH, this time boosting close to 330% from the high set less than a fortnight ago.
God’s Unchained sells over 6 million game cards
Following a cross above the ATH on Nov. 12, recording over 864,000 transfers, God’s Unchained has once again caused a spike in total ERC 721 token transfers. According to data collected by CoinMetrics, the total number of transfers grew to over 3.7 million, representing a 328% growth in two weeks.
The inflammatory growth in ERC 721 transfers was caused by God’s Unchained as the game traded over 6.6 million gaming cards over the course of the week. In context, the CryptoKitties sold 4.7 million gaming cards since they launched in 2017.
6/ For context, CryptoKitties has had about 4.7 million transfers over the course of its lifetime, which includes original purchases and secondary sales. @GodsUnchained has officially created over 6m tokenized in-game assets, which is more than any other Ethereum game to date.
— CoinMetrics.io (@coinmetrics) November 19, 2019
The game grew popular in lieu of Hearthstone’s controversial handling of a Hong Kong protests sympathizer. Coincidentally, God’s Unchained had just activated their gaming cards to tradable tokens which gave unsatisfied gamers at Hearthstone to switch to God’s Unchained.
ETH block fullness stagnant despite colossal transfer number
The upsurge in transfers did not affect Ethereum’s speed at the slightest data show.