Metaverse Weekly Wrap-Up: June 12–18

💹 Market Data

Stake your TheSandbox LAND & earn 3.84%* APY. Stake your $SAND & earn 12.29%* APY (*19.12.2023). Join us Tuesday at 4am UTC in our Community Call to find out how.

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

OneLand 7-day data shows total lands market cap for the 10 projects down 6.92% to 711,829 ETH (or $1.225 billion, -5.3%). For its part, $ETH fell 1.86% to $1,720.50.

In line with the downward trend in NFTs over the last couple weeks, sales counts and trading volumes were down significantly last week across all projects with the exceptions of TOPIA, which outperformed, and Arcade.

Meta Rankings — Trade Volume (7D)
Meta Rankings — Trade Volume (7D)

The bigger projects stumbled, Decentraland’s land cap falling by 5.2% while Otherside was down by 4.5%. While The Sandbox’s dipped by just 1.4%, it was still a challenging week for its economy, with an average price of just 0.371 ETH and meager top sale of only 1.2 ETH.

Over at TOPIA, the data tells the story of what have been some eventful weeks, in which they launched the migration from NFT Worlds, released a Master Plan to conquer Web2, deployed $TOPIA, plus launched governance and token swaps.

The introduction of Worlds staking  (with incentives) saw land sales boom at TOPIA.
The introduction of Worlds staking  (with incentives) saw land sales boom at TOPIA.

Last week’s introduction of Worlds staking saw trading volume at TOPIA soar 290% to 175 ETH.

Join us in our Discord for a community call — Tuesdays 4am UTC. Chat about virtual worlds, catch the latest data trends, learn how to stake your LANDs & $SAND.


🗞️ Market News


🌄 Sales & Mints

BIG TIME: Buy any Space & get a free special giveaway Mystery Box — while supplies last

ILLUVIUM x GAMESTOP: Promo D1SKs Exclusive Illuvitar Sale extended to June 19, 10pm UTC

THE SANDBOX: K-Verse Land Sale 2nd-chance auctions


🎪 Events, Contests & Giveaways 🏅

EVENTS

AFRICA RARE — 6.12: MCC World Ubuntu art experience in Ubuntuland

6.26–30: A360 Metaverse Space Adventure. Learning Tracks: AI, Abundance, Exponential Tech, Longevity

DECENTRALAND — 6.12–15: Metaverse Beauty Week 2023

7.19–23: MESH Art Fair. Open call for artists!

THE SANDBOX6.26: The Sandbox Singapore Lion City Partner Day — Public Access

CONTESTS

DECENTRALAND — Till 6.19: Pride Wearable Contest submissions close June 19, 7am UTC

THE SANDBOX — 6.12–25: BLOND:ISH VoxEdit Contest. 15k $SAND to win

6.18: Steve Aoki Game Jam winners announced


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

ALIEN WORLDS: Official Twitter Space

DECENTRALAND: #MBW2023 WearableWednesday

OTHERSIDE: Driving Forward the Metaverse with ApeCoin, ApeCoin DAO & AIP-245 hosted by OtherGuild

SOMNIUM SPACE: Monday Metal Madness

TOPIA: Game Engine, Staking, Platform Overview


🛠️ Project Updates

ARCADE — 6.13: Arcade is going mobile on both Android & iOS

DECENTRALAND — 6.13: Builders can now publish scenes to Worlds from the builder

ILLUVIUM — 6.12: New Essentials Collection merch

OTHERSIDE x GUCCI — 6.12: Holders snapshots will be taken June 21 at 10am ET for KodaPendant claim

TOPIA — 6.12: Game engine sneak peak / 6.15: TOPIA Worlds staking goes live

WEOM — 6–10.6: Mobile Alpha Testing for Android & iOS - last week: email to apply!


👬 Partnerships

BINANCE x THE WEEKND: Binance & pop artist The Weeknd launch virtual 3D Metaverse Dimension experience

NUCLEAR BLAST x THE SANDBOX: German Indie record label Nuclear Blast will build a heavy-metal experience in TSB

UPLAND x NOWHERE: Upland & Nowhere partner to create Metaverse cafes


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