Metaverse Weekly Wrap-Up: Aug 28 - Sep 3

Market Data | Market News | Sales & Mints | Events & Contests | Twitter Spaces & Project Streams | Partnerships

💹 Market Data

Stake your TheSandbox LAND & earn 3.18%* APY. Stake your $SAND & earn 9.66%* APY (*9.4.2023)

7-day data shows VRE market cap for the 10 projects on OneLand up 1.45% to 711,947 ETH.

Total NFT cap rose more moderately - by 0.69% - to 2.91m ETH.

The second consecutive week of rising aggregate land cap (in contrast to 3mths of a falling one), comes despite $ETH (and overall crypto market cap) falling a third straight week, down 1.31% to $1,635.72.

Decentraland’s land cap (+3.8%) continues to rise, as does that of HYTOPIA (+9.35%).

Meta Rankings (7D)
Meta Rankings (7D)

At BYOPills, there were a few notable BYOLands sales at prices above the norm, pushing 7D volumes up 86.35% as well as its overall land market cap to its highest since late July.

Volume appeared to boom mid-week at Somnium Space, but only due to several back-and-forth purchase gestures of the same parcel, distorting price data (+149.65%).

While over at Worldwide Webb. Penthouse 9024 went two ways, first for 4.79 ETH (its top sale in 2 months), then 3.86 ETH, after the gaming metaverse went live with its first Rugbusterz Rumble (see Events, below).

Trade Plots (90D) - Worldwide Webb
Trade Plots (90D) - Worldwide Webb

At HYTOPIA, the average price of a land plot keeps increasing, up 26% for the month, while the floor price is up a full 69.35% and rising, all fueled by a steady stream of updates on the game’s proprietary blockchain.

Meanwhile , a portion of $TOPIA “holders” cashed in following last week’s price spike, the token retreating 17.5% for the week, but still 28.5% above where it stood a fortnight back. Looking at other virtual world tokens, both $SAND and $MANA fell for a 6th week running while $APE has dropped 32.2% in 3 weeks.

Prices are rising at HYTOPIA
Prices are rising at HYTOPIA

Finally, an Otherdeed selling for 24.37 ETH was Otherside’s top-priced transaction since May.


🗞️ Market News


🌄 Sales & Mints

THE SANDBOX — 8.23–9.4: 6 ESTATEs & 10 1x1s up for auction on OpenSea. The Sandbox’s TurkishVerse LAND Sale continues with 433 LANDs up for sale in the new neighborhood that celebrates Turkish culture and history. More details.


🎪 Events, Contests & Giveaways 🏅

HYTOPIA — 8.28: HYTOPIA concluded Pirate’s Cove, its first building event. Upcoming events incl. Model Mastery | The Seven Seas (Sep 1–15) and Build Battle | Age of Castles (Sep 15–29).

Check the HYTOPIA Full Events Calendar for more.

DECENTRALAND — till 9.5: Join the Community-themed Emotes Contest. First submissions get $120 reimbursed of the $150 entry fee. 5k for 1st place, plus 1.5k each for places 2–10! Contest details. Submit here.

WORLDWIDE WEBB — 9.1: The first Rugbusterz Rumble event went live. Dodge swarms of bats and cars to win 0.1 ETH plus — if you’re a landholder — an additional Small Apartment! Classic Rugbusterz weapons were brought back in. Runs till Wed 6 Sep, 5pm GMT.

KOREAN BLOCKCHAIN WEEK — 9.5–8: Korean Blockchain Week is about to kick off. Here’s a 2022 Recap.


🔈 Catch up on this week’s Twitter Spaces, Project Streams & Interviews

ANIMOCA: The Dream of Digital Ownership, Inspired by the Metaverse

BFF 🌈: Are Community-First Platforms the Next Social Frontier?

DECENTRALAND: Turning Emotes into Emojis / Emote Creators’ Stories & Inspirations

SOMNIUM SPACE LIVE: FireStrike Awakens at #OMGMultiverse PARCEL #377

WORLDWIDE WEBB: 1st Rugbusterz Rumble stream *

* OneLand favourite


🛠️ Project Updates

BIG TIME — 8.28: Patch 27 went live. New abilities, new challenges, plus gameplay & visual improvements!

8.29: Time’s End Blog 2nd Edition. Incl. nightmare insurance, a look at the new campaign with Benjamin Franklin, behind-the-scenes looks at new VFX & animations, & more.

HYTOPIA — 08.31: HYTOPIA Wallet (SCA) v1.0.0 Alpha Release. Frictionless experience for players, extended payments functionality not possible with standard wallets today, permissioned sessions & more. More info in this tweet, or dive straight into the repository.

TREEVERSE — 9.1: Endless Clouds released 15min of uncut Treeverse dungeon gameplay in their Monthly Treeverse Update #21. Updates also include more dungeon-themed monsters and environments, combat and AI improvements, new effects & a new mobile-friendly stats system.

ILLUVIUM — 9.2: Aug 2023 DAO Governance Newsletter. Latest updates on Illuvitar pricing adjustments, refined trading protocols & more.


👬 Partnerships

THE SANDBOX x INTRAVERSE — 9.1: The Sandbox partnered with collaborative open metaverse NFT project Intraverse to engage communities through avatars and 3D games competitions. As part of the partnership, TSB will feature in the gaming arena at the NFT World Cup.


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.

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