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💹 Market Data
Stake your TheSandbox LAND & earn 3.37%* APY. Stake your $SAND & earn 9.4%* APY (*14.7.2023)
7-day data shows VRE market cap for the 10 projects on OneLand up marginally (+0.17%) to 663,914 ETH (or +0.79% to $1.221 billion).
It represents the first aggregate land cap rise in 3 months, albeit the price of ETH rose more (+0.66%) to end the week at $1,839.32.
This week saw recovering trade volume for the Otherside (+50.6%), kicking off with a highest sale in 2 months of 19.5 ETH, and culminating in a 19.55 ETH purchase on Sunday that saw OneLand’s Metaverse Heat Index reach the fiery heights of 91.4.
Nevertheless, given the market conditions (MoM falling land prices) the weekly pickup in trading did little to stem the tide of a deteriorating land cap, down for a 9th straight week, while the number of sales (-49.6%) was also down.
This, plus a 7-day comeback in trading action (+51.5%) at The Sandbox (as a Premium LAND sold for 12.55 ETH, a top sale in 5 months) saw aggregate trading volume for the 10 projects rise by 38% for the week. Besides, 7-day trade volume of all NFTs also picked up some slack, +26.3%.
Over at BYOPills, and two BYOLand sales of 0.45 and 0.5 ETH kicked off a week that showed glimpses of recovery, following a rather lackluster month, with all major metrics in the green, incl. BYOLands cap which rose for its first time in 2 months.
Meanwhile, Somnium Space experienced a comedown last week after a bustling previous 7 days of hype surrounding its v3 release, recording just 4 parcel sales and an overall trading volume of just 2.34 ETH.
For more info & instructions how to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s simple!)
🗞️ Market News
Kenyan authorities raid Worldcoin warehouse in Nairobi under search warrant 8.7
PayPal unveils new stablecoin $PYUSD / Bigger News than a BTC ETF? 8.8
500+ Positions Currently Open in the Metaverse 8.9
India proposes AI-powered conversational payments system — RBI 8.10
🌄 Sales & Mints
ILLUVIUM — 8.15: Illuvium:Beyond Wave 2 Sale
Alpha Sale: 24h only. Standard D1SKs (0.00601 ETH) & Mega D1SKs (0.05401 ETH). Ends Aug 16, 10pm UTC.
Extended Run Sale: Standard D1SKs (0.00301 ETH) & Mega D1SKs (0.01801 ETH). EndsNov 15.
🔈 Catch up on this week’s Twitter Spaces & Project Streams
HYTOPIA: New Sneak Peaks & Designs/ Upcoming Mainnet/ Creators Events
OTHERSIDE: The Yugaverse is Expanding hosted by OTHERspace
SOMNIUM SPACE LIVE: Immersed Minds AI Discussion / Building #WebWORLDs from scratch
🛠️ Project Updates
AXIE INFINITY — 8.8: Introducing Mavis Hub: Greenlight on their desktop app, which helps game developers share early versions of their Axie games with the community by way of a gamified voting process.
DECENTRALAND — 8.8: Final Bidding & tendering flow governance proposal in which community members can submit bid proposals for funding. More details in DCL’s Discord…plus view the demo.
8.9: Smart wearables and portable experiences are now live in Decentraland.
8.10: The Foundation’s UX team is inviting feedback from the community.
ONCYBER — 8.9: OnCyber introduced World Builder, in-browser DIY tools for building immersive experiences around your NFTs.
THE SANDBOX — 8.8: TSB is introducing an in-house solution utilising EIP-2981 to redistribute secondary market royalties to the original NFT creators on Polygon. Read the thread.
8.9: TSB has brought back its Ethereum<>Polygon LAND bridge. Bridge your LAND to Polygon to stake your LAND and SAND on OneLand at rates much higher than you can achieve directly via TSB.
HYTOPIA — 8.10: Hytopia Chain Mainnet Sneak Peak
👬 Partnerships
THE SANDBOX x D.OASIS- 8.7: Asian Metaverse City D.OASIS will create D.OASIS City in The Sandbox. The meta-experience will incorporate a star-studded line-up of brands & celebrities incl. Warrix Sports, Dhurakij Pundit University, Index Creative Village, Eventpass & Prakit advertising.
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.