Stake your TheSandbox LAND & earn 2.61%* APY. Stake your $SAND & earn 7.47%* APY (*10.23.2023)

OneLand 7D data shows aggregate land market cap for the 10 listed projects on OneLand rising by 3.27% to 678,221 ETH (+9.53% to $1.128bn).

The upsurge particularly in USD terms occurred on the back of a crypto rally of 6.86% - to $4.52bn - which saw $ETH rise a similar 6.8% to $1,664.32.

Most metaverse tokens accordingly saw a positive week (with the exception of Somnium Space’s $CUBE), with $APECoin +6.75%, $SAND +6.9% & $TOPIA +26.38%.

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Otherside land market cap rose by more than 12,000 ETH this week (+2.29%), and not too surprisingly, on the back of CEO Daniel Allegre stating that the metaverse gaming project was now (finally?!) a priority (see Project Updates, below).

Overall, it was a positive week economically speaking with a pickup in both sales (+31%) & trading volume (+68.1%) of Otherdeeds, which included a 2-month high sale of 15 ETH.

Worldwide Webb’s announcement Wednesday of their exciting new play-test (which begins this Tuesday, almost exclusively to holders of Apartments - see Events, below) set off a relative barrage of trading, which led to its top daily sales count in more than 3 months.

There were no big priced or Penthouse sales, but both floor and average prices peaked, while volume soared 310.6%, as sales numbers (+225%) more than tripled from the previous week.

With BYOPills fans now busy playing the new BYORacer, spiked trading activity of the last 5-6 weeks in BYOLands finally subsided, as its 7D sales count & volume retreated 52.8% & 62.5% respectively.

Meanwhile at HYTOPIA, records are being set each week as land market cap surpassed 20k in ETH for the first time, including a top sale of all time for the project at 12.88 ETH.

For more info & instructions how to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s simple!)

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🗞️ Market News

NFT Creator Royalties Are Broken—Yuga Labs, Magic Eden to Join Group Trying to Fix Them 10.18

The SEC drops its charges against Ripple executives 10.19

Dubai’s Rental Disputes Are Now Settled in the Metaverse With an AI Judicial System 10.20

Reddam House Integrates VR and Metaverse Across Campuses 10.16

Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam 10.20

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🌄 Sales & Mints

THE SANDBOX - 10.18: TSB kicked off a LAND Ignition initiative by purchasing 111 LANDs from secondary markets to ensure builders have access to LAND for their projects.

10.18: A snapshot took place, enabling all LAND & Avatar holders in TSB to mint a pass required to participate in the upcoming Dr. Bomkus' Trials experience (see Events, below).

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🎪 Events, Contests & Giveaways 🏅

DECENTRALAND / SPATIAL - 10.25-27: Join the AI World Fair in Decentraland and Spatial hosted by Verse Digital. Dive into discussions with Nvidia, SingularityNET & more. Explore today's AI realities, its potential, concerns, and envision the future.

WORLDWIDE WEBB - 10.24-30: Get ready for the week-long play-test of The Playa. Prepare for a journey like no other, & Soul-Link! Death in the dungeon isn't final, but comes at a cost: your bag of treasures.

Open to Apartment holders, early access holders & Season1 Battlepass Holders, but they can also invite two friends.

“We assure you, this play-test is unlike any other. Every corner, every challenge has been meticulously crafted and rigorously tested.“

More details in Discord. Sign up here.

THE SANDBOX - 10.21: Check out The Sandbox’s 5 Experiences of the Week.

10.25: The Sandbox is launching Dr. Bomkus’ Trials, 6 immersive challenges with distinct worlds, unique time trials & competitive leaderboards. Mastermind scientist Dr. Bomkus’ Trials are open to anyone with an account in TSB, but you will need a Bomkus Pass to be eligible for the Leaderboard & compete for rewards. All you need to know is here.

11.3: Discuss the future of The Sandbox LAND and prioritize the roadmap in an exclusive workshop with @Bellbyche. Get your tickets.

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

a16z: The Techno-Optimist Manifesto by Marc Andreessen*

DECENTRALAND: Coding in Decentraland SDK7 intro!

SOMNIUM SPACE LIVE: Gindi Park Walkthrough LIVE PARCEL #3623

YUGA LABS: CEO reflects on first 6mths at the helm

* OneLand favourite

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🛠️ Project Updates

DECENTRALAND - 10.18: DCL introduced personalized metaverse identities with NAME - users can now claim a name instead of being tagged with a generic numbered sequence. Each NAME also serves as an ESN subdomain & wallet address tied to the user, while ownership of a virtual NAME also empowers a user to have a say in Decentraland’s DAO.

THE SANDBOX - 10.17: The Sandbox hired former PlayStation, Apple & Ubisoft executive Nicola Sebastiani as its CCO to drive its creator economy.

YUGA LABS - 10.18: CEO Daniel Alegre says Yuga Labs has completed its restructuring to focus on Otherside.

HYTOPIA - 10.19: HYTOPIA’s Mainnet block explorer went live! The Mainnet is HYTOPIA’s proprietary L2 chain that all the game’s system operate on. You can find the details in this thread:

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