Metaverse Weekly Wrap-Up: June 26 - July 2

💹 MARKET DATA

Stake your TheSandbox LAND & earn 3.39%* APY. Stake your $SAND & earn 12.44%* APY. (*2.7.2023)

Meta Rankings — Market Cap (7D)
Meta Rankings — Market Cap (7D)

OneLand 7-day data shows total land cap for the 10 projects dipping 0.23%% to 704,386 ETH (or $1.364 billion, +1.77%), while ETH continued its price rally, up 1.99% to $1,937.88.

Overall, metaverse lands still appear to be performing better than non-land NFTs, the 10-project aggregate land market cap down 8.46% for the month compared to 21.46% for the overall NFT market (nftgo.io).

Top Weekly Performer by Average Price / MV Heat Index (7D)
Top Weekly Performer by Average Price / MV Heat Index (7D)

Decentraland enjoyed a second consecutive week of rising trade volumes, up another 72.6% to 34.99 ETH.

Nearly half of all land sales were Estates, including one for 13.81 ETH on the third and final day of its Pride festival, which went on to record both its top-priced land sale and highest daily volume in 3 months.

Decentraland achieved its top-priced land sale and highest daily volume in 3 months.
Decentraland achieved its top-priced land sale and highest daily volume in 3 months.

The average price thus soared (+285%), though any price movement in Decentraland should be taken with a grain of salt given sales are usually lucky to reach even 5–10% of that of The Sandbox or Otherside.

For its part, the 7-day average price at Otherside reached its lowest in several months, Yuga’s virtual world project not seeing any sale of an Otherdeed higher than 24.0 ETH since mid-May.

Things also seem to be picking up over at Endless Studio’s MMORPG wonderchild Treeverse, which just dropped another impressive monthly update and teased some Alpha to drop July 6. Land cap dropped 1.24%, but trading volume (+33.9%), sales count (+24%) and average price (+7.9%) were all up for the week.

Trading of Treeverse plots is getting busier.
Trading of Treeverse plots is getting busier.

Check here for more info & instructions on how to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s simple!).


🗞️ MARKET NEWS


🌄 SALES & MINTS

THE SANDBOX — 6.30: Starting with the ongoing Infinite Pulse LAND Sale Raffle, those who enter a LAND sale raffle but do not win, get a set number of bonus tickets to use during the next raffle. Details.

WEOM — 7.10: Private Land Sale Phase to conclude, followed by a 20% land price increase & the release of a ton of new Alpha. It’s a metaverse for humanity, which means you, so check it out.


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

EMILY OLMAN: The Metaverse, NFTs, Virtual Real Estate, & A.I *

REVISE NFT: Striking The Sweet Balance Between Free to Play & Web3 Economies

SOMNIUM SPACE LIVE: Monday Metal Madness @ CON-X Club, Parcel #3450

TOPIA: TOPIA Talks // Proposal, Deck, & More

* OneLand favourite


🛠️ PROJECT UPDATES

ARCADE - 6.26: Mobile App Update

DECENTRALAND - 6.26: New Shopping Wishlist feature - pick a new outfit easily. / 6.29: DCL Worlds now listed in the Places tab. / 6.30: Prebuilt templates now available in Builder - it has never been easier to create your own space & deploy to your DCLWorld or LAND:

ILLUVIUM - 7.1: First Illuvium DAO Governance Newsletter by Community Sub Council, incl. newly elected council members, sub-council liaisons, sub-council reviews, passed proposal recap & more.

TOPIA - 6.27: WRLD Name Service ownership frozen to block 17,565,000, which will be snapshotted with all name owners, so they can claim the same names on a future replacement service. Details. / 6.28: Launched $TOPIA Ecosystem Proposal TEP-1: Strategic Tokenomics Adjustment. Intended to reduce CEX allocation, curb inflation, incentivise community, in-game activity & strategic funding

TREEVERSE - 06.26: Treeverse game studio Endless Clouds tweeted a teaser video for Capsule Heroes, to drop July 6. / 6.29: Treeverse Updates, Discord & logo all changed to “Endless Clouds”. / 7.1: Endless Clouds Monthly Update #19. These updates are some of the most awesome to be found of upcoming Web3 games - feat. new designs, map expansion, UI menus & panels, PvP, plus more upcoming community testing.


👬 PARTNERSHIPS

BRUCE LEE x BYTE CITY — 6.29: Bruce Lee is about to enter the Metaverse, offering fans an immersive digital experience to interact with the legend inside Web3 gaming social network BYTE CITY.

THE SANDBOX — 6.27: The Sandbox announced the launch of its Singapore neighbourhood Lion City at its Singapore Lion City Partner Day, incorporating 512 LANDs and feat. 30+ brands showcasing Singaporean culture.


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.

Connect with us on Twitter & Discord.

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