💹 MARKET DATA
Stake your TheSandbox LAND & earn 3.5%* APY. Stake your $SAND & earn 9.31%* APY (*7.24.2023)
OneLand 7-day data shows VRE market cap for the 10 projects down for a 9th straight week, this time by 1.33% to 682,632 ETH. ETH’s price dipped 1.81% to $1,888.81.
Meanwhile, aggregate trading volume fell by 32.5%. Decentraland, TOPIA, Arcade and Treeverse were all down, reflecting global NFT sales that overall slid another 8.53% to just half the value it was 2 months ago.
While all of the hype and trading of “NFTs” continues its downward slide, true longstanding projects with vision occasionally rear their crazy heads. As its founder clearly knows, Voxels endures. Last week’s sales and volume of land parcels in the Voxels metaverse roared northwards, up 416% and 375% respectively, and included a top sale in 3 months.
Meanwhile, Worldwide Webb might just be taking a well-deserved break from social media, scarce this month save for one great Independence Day thread outlining the roadmap ahead, and the work they are getting down and busy with in the (positive) aftermath of a recent $10m cash injection from Pantera Capital.
Most metrics continue to fall from its last brief uptrend in early June, 7-day sales volume of Apartments falling steeply (-52.3%) for a 2nd straight week. OneLand still notes Worldwide Webb as a Web3 metaverse to watch for all the right reasons, as our previous article makes clear.
Over at BYOPills, and volume of BYOLands enjoyed a minimal turnaround (+37.7%) from the previous 7 days, following the first release of their BYORacer game, though it was obviously a different story for the BYOCrafts themselves, sales and volume of the NFTs rising 182% and 319% respectively.
🗞️ MARKET NEWS
🌄 SALES & MINTS
THE SANDBOX - 7.18: LaMelo Ball opened its Melo avatars Allow List.
FERRARI - 7.21: A Ferrari F40 sold for $2.5 million USDT is now a Polygon NFT.
TROPYVERSE - 7.23: Tropyverse Launch Airdrop. Tropyverse is a community for communities.
🎪 EVENTS, CONTESTS & GIVEAWAYS 🏅
DECENTRALAND - 7.18-23: Voting runs till July 23 for entries in the 2023 DCL Game Jam. Every vote counts, and there is Polygon swag, $MANA & LAND up for grabs!
TOPIA - 8.1-15: 1st Model Mastery event - Marine Life Mystique. Compete for a share of $400.
THE SANDBOX - 7.20-8.3: Lotte World VoxEdit Contest
🔈 Catch up on this week’s Twitter Spaces, Project Streams & Interviews
THE RESET: Come get your Sunday fix! Trending Topics, Web3, AI…*
TOPIA: 2nd Annual Twitter Space Summit
TROPYVERSE: Come share your Project w/ Everything Metaverses
YOGA PETZ: The World’s First Web3 Retreat
* OneLand favourite
🛠️ PROJECT UPDATES
AXIE INFINITY - 7.18: Axie Infinity launched Axie Experience Points (AXP), turning all Axies into dynamic NFTs - able to level up or use as burning fuel for another Axie you are leveling up. This could be big news for the space, as Gila.Ron explains.
THE SANDBOX - 7.17: TSB teased upcoming events incl. with partners creators of the Cut the Rope ZeptoLab & 24-quest treasure hunt The Lost Wallet (win a CryptoPunk), as well as The Sandbox Belonging Week 2023 & further upgrades to Game Client 0.8.
👬 PARTNERSHIPS & FUNDING
THE SANDBOX x OPEN CIRCUS - 7.17: Cirque Madona Bouglione is bringing its Open Circus experience into TSB. In it, players will be able to witness performances while also delving into the history and evolution of circus arts.
FUTUREVERSE - 7.1:8 Futureverse, a metaverse startup formed from a merger of 11 smaller projects, raised $54m in a Series A round led by 10T Holdings and Ripple Labs.
Plus…stay tuned for our upcoming series of articles on ‘How to gain more value from your virtual land’ & ‘What’s the value of my virtual land?’
OneLand is a MetaHub - providing metaverse data & analytics, a Land NFT marketplace, LandFi tools & Metaverse MediaHub. Our mission is to make it easy for you to discover, access, stay tuned to, research & invest in the metaverse projects you love most.