💹 MARKET DATA
Stake your TheSandbox LAND & earn 4.22%* APY. Stake your $SAND & earn 11.14%* APY (*7.17.2023)
OneLand 7-day data shows VRE cap for the 10 listed projects down again (-0.1%) for an 8th straight week to 695,728 ETH (or $1.338 billion). ETH rose 3.24% to $1,923.69, as XRP fired a crypto rally.
Meanwhile, global NFT cap actually rose this week for the first time since May, up 3.12% to 3.3m ETH (or $6.34bn, +5.14%), though volumes crashed 42.8%.
LAND sales at The Sandbox exploded this week on the launch of its Infinite Pulse LAND Sale Friday. 886 individual LAND trades boosted 7D volume by 383.31% to 273.94 ETH, firing OneLand’s Metaverse Heat Index into the red zone.
However, seemingly ever-decreasing prices weathered any potential increase in LAND cap, up by a miniscule 0.33%, its first weekly increase since late May.
If you believe in the potential of The Sandbox - which just dropped notice that LAND-owner experiences will go live before the EOTY (see Market News & Project Updates below) - then it might be an idea to start taking a closeful watch.
Somnium Space’s volume rose significantly last week, once Plot 5089 - a limited-edition plot containing a teleportation hub - traded hands for 6.0 ETH.
Most other projects’ 7D volumes were stable at best, though most suffered steep falls. Decentraland, on the cusp of its Metaverse Art Week, raked in a miserly 7.9 ETH (-68.3%), though land cap rose for a 4th week.
For its part, trading volume of Otherdeeds (-43% at 234.3 ETH) retracted once more to a mere third of what it was pulling in 2 months back.
Meanwhile, BYOLands volume slumped 74.7% on the back of just 5 trades. We won’t have long to wait and see, though, if the launch of their long-anticipated BYORacer game (see Project Updates, below) will impels any revival or not.
For more info & instructions how to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s simple!)
🗞️ MARKET NEWS
🌄 SALES & MINTS
VOXELS - 7.10: Voxels transferred all of its parcels on Chronos Island to a builder.
TREEVERSE - 7.12: Treeverse released a Soulbound Token for the 114 players who participated in its Pre-Alpha.
THE SANDBOX - 7.14-18: Music-Inspired Infinite Pulse LAND Sale. Raffle results were announced July 14. 2nd-chance auctions run July 18-20.
7.12: POC avatar welcome list Mint 2 opened for The Sandbox LAND & avatar holders.
🎪 EVENTS, CONTESTS & GIVEAWAYS 🏅
Events
BYTE CITY — 7.20: Bruce Lee immersive event! Celebrating the 50th anniversary of his passing.
DECENTRALAND — 7.19–23: Metaverse Art Week 2023 returns to Decentraland for its 4th edition, celebrating the “death of the Metaverse” as we know it!
Highlighting works of 60+ indie artists with immersive exhibitions, virtual installations, talks, tours, themed parties… Check the schedule.
THE SANDBOX — 7.20–21: TSB is hosting/co-hosting a number of events in Paris as part of this year’s annual Ethereum Community Conference.
Contests
AXIE INFINITY — 7.15–17: Buy-in Origins Tournament — 200 free-entry slots for Season 4’s top players, 312 open for buy-in for 1 AXS. First in, first served. Final will be live-streamed July 16 on Twitch. More info!
🔈 Catch up on this week’s Twitter Spaces, Project Streams & Interviews
EMBER SWORD: #1 Dev Stream - Level Design & Biomes
SOMNIUM SPACE LIVE: Weekly VR Builder Session
TARAXA x ONELAND: Decentralisation Beyond Finance*
TOPIA TALKS: Gaming Roundtable - LP staking launch, TOPIA chain, MetaFab & more.
* OneLand favourite
🛠️ PROJECT UPDATES
BYOPILLS - 7.16: Launch of early access phase of the BYORacer: Sons of Valkyrie mobile game.
Feat. time-trial, multiplayer, tiered leaderboards, generated obstacles, BYOCraft & Apostle multipliers, and community battles. Later, expect a full-on multiplayer mode with power-ups, VYBE score boosts & TRYP tempest levels.
THE SANDBOX - 7.13: LANDowners can now submit their experiences for early launch approval, and start publishing their own experience page to build their communities.
With LANDowners set to be able to launch their experiences by the end of the year, have a look at some of the experiences already being created:
👬 PARTNERSHIPS
THE SANDBOX x BEATPORT - 7.10: Thriving electro music & DJ community Beatport is coming to The Sandbox as part of the Infinite Pulse LAND Sale.
SATLANTIS x ZEBEDEE - 7.11: The Satlantis Minecraft server teamed up with payments startup Zebedee to give out Bitcoin for playing Minecraft.
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.