Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

Avalanche shooter Off the Grid is now allowing the first phase of players to buy and sell in-game items on popular NFT marketplace OpenSea. In less than 24 hours, just shy of $30,000 worth of skin sales have been processed on the secondary market—with one skin going for more than $1,600.

Off the Grid is a buzzy extraction battle royale that sees players fight to extract “hexes” that contain weapon and cosmetic skins. The game was initially run exclusively on the GUNZ testnet, an Avalanche L1 network, but has been phasing players onto the mainnet since March. Those on the mainnet were able to trade in-game skins on the GUNZ marketplace. The ability to sell skins on the secondary market via OpenSea is seen as a major milestone for players.

In response to the news, the shooter‘s GUN token has climbed 1.5 to a $29 million market cap—though it remains down 73.5 from its all-time high, set shortly after its April launch.

“OpenSea could supercharge [Off the Grid’s] ecosystem, especially for players and collectors eager to engage with its digital assets,” pseudonymous Off the Grid skin collector MoneyMagician told Decrypt. “This dual push, Steam’s reach and OpenSea NFT infrastructure, creates a powerful synergy, blending Web2 accessibility with Web3 innovation.”

Off the Grid was also rolled out on Steam last week, which has seen a daily average of 7,298 players access the game via the popular PC storefront. It was confirmed to Decrypt by Gunzilla Games, the creators of Off the Grid, that the Steam version of the shooter solely uses the GUNZ testnet. As a result, GUNZ testnet transactions spiked 46.6 over the first two days the title was on Steam.

Combined with the OpenSea launch, to avid skin collectors like MoneyMagician, the past seven days have been transformative for Off the Grid.

“This week is by far the greatest week for Off the Grid,” they said, adding that Steam will "usher a MASSIVE tidal wave of new players."

However, they added that Off the Grid‘s OpenSea integration is even more important than its launch on Steam, as it could see “real money” flow into the skin economy.

At the time of writing, Off the Grid has attracted trading volume of 967,200 GUN, or $29,417, on OpenSea. The largest single gun sale was the Tacoma Pioneer, a gun skin obtained as part of the battle pass during the closed testing period, which sold for 55,300 GUN, or $1,688. 

It‘s worth noting that these figures aren’t significantly higher than those seen prior to OpenSea trading. According to OTG DegenRadar, Off the Grid saw $42,960 worth of trading volume the day after hitting Steam. Plus, before hitting Steam, a Prankster Vest sold for $2,393.

This could be because Off the Grid is rolling out on OpenSea in phases, with July 2024 subscribers to its battle pass, aka OTG Pro, being able to “export” NFTs to the secondary market first. On top of that, in order to import the skins back into the game, players have to complete a know-your-customer (KYC) process .

That being said, anyone can purchase Off the Grid skins on OpenSea, significantly widening the buyer audience—which was previously restricted to a small, undefined percentage of players on mainnet.