💹 MARKET DATA
Stake your TheSandbox LAND & earn 3.29%* APY. Stake your $SAND & earn 9.33%* APY (*8.7.2023)
7-day data shows VRE market cap for the 10 projects on OneLand falling for an 11th straight week, this time by 0.8% to 662,614 ETH (or -2.58% to $1.211 billion). Notably, none of the 10 projects’ land caps were in the green.
Overall global NFT market cap (down 21.6% since this time in June) held relatively steady, down 0.32% at 3.09 million ETH. Meanwhile, $ETH’s price fell 1.85% to $1,827.24.
Trading volumes were a mixed bag, with Decentraland (+40.5%) enjoying more activity than in recent weeks, while there were also minimal increases for The Sandbox, Worldwide Webb and Treeverse.
Last week, Somnium Space’s massive V3 update (see Project Updates, below) caused a flurry of Land Parcel sales (+650% for the week), notably 10 on Thursday (albeit from the same buyer) - its highest daily sales count since April 2022!
7-day volume thus soared (+391.5% to 10.59 ETH), while its native token $CUBE also enjoyed a rise (+7.56%) regardless that most other crypto and metaverse tokens (incl. $ETH, $MANA, $SAND & $APEcoin) fell.
The average price of an Otherdeed continues to slide, this week falling below the 1 ETH mark (-13.17%) approx. half of its value just 2 months back.
Sales numbers and trading volumes at Otherside mirror the current NFT market, its top sale this week just 8.99 ETH. Meanwhile, average weekly top sales have plunged from 103 ETH in May, to 19.13 ETH in June, then 10.1 ETH in July.
For more info & instructions how to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s simple!)
🗞️ MARKET NEWS
🌄 SALES & MINTS
EMBER SWORD — 7.31: Limited time left to purchase Solarwood Land plots. Successful applicants can complete their purchases at embersword.com/marketplace, by signing in & picking their land/s on the interactive map. Either link your wallet with Immutable X or use a credit card to buy.
THE SANDBOX — 2.8: Elvis Presley Avatar collection. Get on the Allow List.
WORLDWIDE WEBB — 3.8: Remaining Season 0 items have been minted. Worldwide Webbers can check their wallets!
🎪 EVENTS, CONTESTS & GIVEAWAYS 🏅
THE SANDBOX — 7.24–8.7: Belonging Week
Coming soon: The Shebeen. Explore, dance & discover Irish culture.
DECENTRALAND — 8.15–16: Futurist23 — Blockchain Futurist Conference in DCL. Commences Aug 15 1pm UTC. More info!
📢 TWITTER SPACES & PROJECT STREAMS
HYTOPIA: Client Dev
SOMNIUM SPACE LIVE: Immersed Minds AI Discussions / Building WebWORLDs from scratch
THE SANDBOX: Exploring The Sandbox Metaverse
🛠️ PROJECT UPDATES
TREEVERSE — 7.31: Endless Clouds Monthly Treeverse Update #20, feat. art updates (town of Lorwick, monsters, NPCs) as well as significant insights into the engineering, design and game loop.
WORLDWIDE WEBB — 7.31: New lead producer, with 20+ years of experience in the gaming industry.
SOMNIUM SPACE — 8.1: FIRST LOOK: Somnium 3.0️ — a comprehensive walk-through of the Upcoming Monumental Update. Feat. upgrades to Unity, launcher, base reality world & weather system, marketplace, VR transactions, SDK, new camera app, social system, full body point tracking & much more!
DECENTRALAND — 8.2: July updates recap!
-
Marketplace shopping wishlist
-
New handwear wearables — incl. rings, nail art, watches…
-
AI NPCs — interact with NPCs who respond to user input in text & audio
-
New search functionalities — type in “Game”, “Art”, etc. & find where to explore next!
-
Custom animations — add custom animations to your scene
-
Export VRMs — take your DCL avatar as a VRM into other spaces
THE SANDBOX — 8.3: KYC has been implemented for SAND staking. Unverified users are still able to withdraw their $SAND, but only KYC’d users can deposit new $SAND & claim their weekly rewards. There is no need to KYC to stake your $SAND or LAND with OneLand.
ILLUVIUM — 8.3: Governance Newsletter — July 2023, feat. the Strategy sub-council’s secret recipe for the in-game economy project ‘Fuel’, plus updates on Illuvium-focused guilds and rule changes to the Ascendant Arena.
HYTOPIA - 8.3: Hytopia dropped a Monthly Update in its Discord, incl.:
-
Increasing the team’s treasury from 5% to 20% of $TOPIA supply
-
Detailed update on the HYTOPIA chain - most txs confirmed in <1sec; “will be the first game that removes all friction for players, while enabling features [other chains] don’t support”; & more!
-
Listings on CoinMarketCap & CoinGecko
-
Game Client/Engine development
-
Front-end systems upgrades
👬 PARTNERSHIPS & FUNDING
SOMNIUM SPACE — 7.31: Somnium Space announced a strategic investment in Sansar to achieve full cross-platform interoperability.
YUGA LABS x ROAR STUDIO — 7.31: Yuga Labs acquired Roar Studios, developer of the ROAD immersive media experience where artists and fans connect and collaborate in real-time.
YUGA LABS x nWAY - 8.3: nWay will develop fighting game Wreck League featuring the BAYC and other Yuga Labs Ethereum NFT collections in its first season.
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.