Axie Infinity Allows Owners of Select NFTs to Create and Sell Merchandise

Axie Infinity, the popular NFT monster-battling game, is releasing official merchandise and allowing select NFT owners to create and sell their own products. Holders of 4,877 Axie NFTs will be able to create and monetize their own merch and businesses using their Mystic and Origin NFTs. The Axie team suggested that owners could start Axie-themed cafes, comics, restaurants, or toy collections thanks to the lifted restrictions. The move towards freer use of its IP echoes previous NFT collections, such as Bored Ape Yacht Club and CryptoPunks, which have similarly offered owners commercial use rights for select NFTs that they own.