It is important to caveat that annualized revenue is essentially the amount of revenue the customer base would produce over the course of a year if there were no changes to it. According to its current revenue growth, Axie Infinity is projected to earn $1.2b in revenue from its users. These revenue are generated by its current userbase of 600,000 users. Candy Crush on the other hand, has 273 million users in 2020, and generated less than $1.2 billion in revenue to the game owner Activision Blizzard.

https://chaindebrief.com/axie-infinitys-1-2-billion-annualized-revenue-overtakes-candy-crushs-2020-total-revenue/