Market Data | Market News | Sales & Mints | Events Contests & Giveaways | Project Updates | Partnerships |
Highlights:
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Otherdeeds trading near “vanishes” from the charts, as HODLers hold out for The 2nd Trip - release date announced!
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Amazon to launch NFT marketplace soon; NFTs tied to IRL assets
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Virtual Land sales for xSpectar, sci-fi MMORPG Outer Ring & Xave World
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Updates for Decentraland, NFT Worlds, Voxels & Worldwide Webb…&
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The Sandbox to apply ETH-4337 - Web3 security, but no seed phrase!
💹 MARKET DATA
Join us Tuesdays at 5am UTC in our Discord for a Metaverse Data Dive into our weekly data and a few interesting highlights.
OneLand 7-day data shows another stable week of aggregate land caps for the 10 projects listed, up 0.63% to 933,202 ETH (or $1.445bn). In fact, all suffered 7-day dips in market cap except for Otherside which YTD is on a bull run. ETH was up 1.4% for the week.
7-day trading volumes were down across the board, with the exception of NFT Worlds and BYOLands.
Context:
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The Sandbox was not the only project to experience meager Lands trading volume last week, but 18 sales (-74.6%) was a figure so paltry it was only last seen in 2020.
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NFT Worlds was the exception, with trading action rebounding following last week’s dip — 7-day sales and trading volume up 50% and 71.2% respectively, and a 4.9 ETH sale its highest in 6 months.
Highlight: Otherside
The intent was not to shine the light on Otherside again this week, but that idea went out the window as soon as Yuga Labs dropped the release date for The Second Trip. Immediately, trade in Otherdeeds dropped off significantly…as HODLers HODLed.
Metaverse land caps were down across the board this week — apart from Otherside, of course, which rose another 3.85% to pass the cool half-a-million ETH mark. Average prices have been rising YTD, however this week they soared 35.77% to 6.36 ETH — about $10,000!
Otherdeed holder numbers have been dropping week-on-week for 8 months, but not only did they stabilize (-0.1%) this week, they went up as soon as the announcement came. HODLing appears the name of the game now, as die-hard Voyagers struggle to contain themselves for March 25. Expect prices to keep ticking upwards before then?
For explanations of our data calculations, check https://docs.oneland.world. For comprehensive metaverse market and project data, check oneland.world.
Join us Tuesdays 5am UTC (that’s Paris 6am, Beijing 1pm, Sydney 4pm) for a Metaverse Data Dive. We’ll show you how easy it is to navigate oneland.world and hone in on the data you want.
🗞️ MARKET NEWS
AMAZON — Mar 6: The Big Whale reported Amazon’s NFT marketplace will launch April 24. Blockworks reports NFTs will be tied to real-world assets, and that an email blast to 160m Amazon members will accompany the launch.
WECHAT — Mar 7: China’s no. 1 social networking and payment app WeChat added the country’s Central Bank Digital Currency, or CBDC, according to a Chinese media report.
AFRICARE <> INNOVATION AFRICA — Mar 8: Africa’s 1st metaverse, Africarare, and NPO Innovation Africa will cooperate to deliver clean drinking water to Africa.
Africarare will also build an Innovation Africa village in Ubuntuland, and in mid-2023 launch a Drops of Life NFT collection for donors. Participate to explore the real potential of NFTs.
SHOPIFY <> THIRDWEB — Mar 8: Shopify and ThirdWeb collaborated to launch a Web3 toolkit enabling devs to build Web3-enabled e-commerce applications. Find out how.
DECENTRALAND — Mar 9: Decentraland announced its all-star lineup for Metaverse Fashion Week 2023 — MVFW23.
ETHEREUM — Mar 11: CoinTelegraph reports that Ethereum’s upcoming Shanghai upgrade — that will enable staked ETH withdrawals — could benefit other staking protocols which offer lucrative yields.
THE SANDBOX — Mar 11: The Sandbox announced it will employ new Ethereum standard ERC 4337 that introduces “Account Abstraction”, enabling:
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2FA & social recovery, and no need for a seed phrase
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sponsored gas fees for transactions, gas payments in multiple tokens
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crypto auto-payments and bundling multiple transactions, great for streamlining gaming experiences
🌄 SALES & MINTS
xSPECTAR — Mar 6: Metaverse xSpectar launched its LAND presale incl. a 1st-mover discount of up to 55%. Here’s a breakdown.
THE SANDBOX <> HELL’S KITCHEN — Mar 8: The Sandbox unveiled Gordon Ramsay’s Hell’s Kitchen limited edition avatar collection. Get on the AL.
OUTER RING — Upcoming — Mar 15: Sci-fi MMORPG Outer Ring’s Land Sale kicks off. Watch the Binance Live AMA announcement here.
XAVE WORLD — Upcoming — Mar 15: XaveWorld is launching their WL giveaway to own an NFTree, each of which will generate 350 $CCO2 tokens per year representing 1kg of absorbed CO2.
Learn more in the Binance Sustainability Initiatives AMA.
🎪🏅🎁 EVENTS, CONTESTS & GIVEAWAYS
THE SANDBOX — Mar 8- Apr 4: The Sandbox kicked off its Metaverse March Festival, feat. 300 quests with 1 million+ $SAND, plus blue-chip NFTs & LAND in rewards. LANDowners who complete the quests can win from an extra 350k $SAND pool.
Register an account, & PLAY!
WEOM — 10 Mar: Metaverse for Humanity WEOM’s core team ran a 0,0 Island Showcase to share the values, & and design of its central Genesis Centre on 0,0 Island, incl. the first implementation of ChatGPT in the Metaverse.
UPLAND — Mar 11:Phase 2 submissions opened for the Master Builders Contest. Add your new Structure to 8 Upland cities — Dallas, Detroit, Buenos Aires, Queens, Las Vegas, Arlington, Rio and Porto — and win the Master Builder badge, 1 Spark & 100k $UPX!
ILLUVIUM — Mar 9: Join Immutable’s Trading Rewards program for Illiuvium NFTs, incl. LANDs, portraits, accessories & D1SKs, with 50k $IMX per day in rewards.
Ends Mar 14: Illuvitars Art Challenge. Design a new Illuvitar finish, with digital tools or by hand! 3 best entries win 3, 2 & 1 Mega D1SKs respectively; 30 runner-ups win a Standard D1SK.
SOMNIUM SPACE — Mar 12: Soul Sundays — feat. guided meditations & music in IWO World — happen at Parcel 4302 at 8pm UTC.
🔈 Catch up on this week’s TWITTER SPACES, PROJECT STREAMS & INTERVIEWS:
DECENTRALAND: Wearable Wednesday — curation process.
LEDGER: Smart Staking for Your Business
NFT WORLDS: Weekly WRLD — Armory
OTHERSIDE: Risk & Failure in Otherside hosted by OtherGuild
Web3 Gaming, Dookey Dash & Bringing Kodas to Life hosted by @OTHERspaceFM
Otherside 2nd Trip, The Summoning, & More! hosted by Bored TV
THE SANDBOX: Blasting the way through the Omega
WEOM: 0,0 Island Showcase, feat. “a ton of Alpha”
WORLDWIDE WEBB, ILLUVIUM, ATARI X, AXIE INFINITY: Web3 Gaming
🛠️ PROJECT UPDATES
DECENTRALAND — Mar 7: Tobik created this 2min step-by-step video guide to get ready to join in MVFW23 on Mar 28:
Mar 8: SDK7 Beta is here — open source for anyone creating metaverse content, and setting the foundation for codeless visual editing. Learn more:
Mar 10: Scam warning — avoid all emails from rewards-decentraland.org which is a scam. There is no current airdrop or reward activation from the DCL Foundation.
NFT WORLDS — Mar 9: The Armory , NFT Worlds’ wardrobe app for in-game cosmetics, is released.
OTHERSIDE — Mar 9: Otherside dropped word that The Second Trip will be released Mar 25. Harry Liu’s thread summarizes the basics. Or scroll up to Twitter Streams, Project Streams & Interviews to dive deep into the Otherside.
OTHERSIDE WIKI — Mar 10: Otherside released a tool to write in the Otherside / Koda language.
VOXELS — Mar 12: Voxels introduced a new buy page and improved map with better filtering and performance.
WORLDWIDE WEBB — Mar 7: Updates — now with delegate.cash wallet support; upgrades to PvP incl. health pool & regeneration, Flame, Nova & Blast abilities; plus bug fixes to invisible avatar & stat tracking. Details here.
👬 PARTNERSHIPS
ILLUVIUM <> TEAM QUEST — Mar 7: Illuvium partnered with top-tier Spanish esports team, Team Queso GG, to expand esports tournaments in Web3.
ILLUVIUM <> IMMUTABLE — Mar 9: Illuvium and Immutable partnered on an exclusive Trading Rewards program for Illuvium NFTs. See Project Updates above for details.
METAFLUENCE <> METAENTRY — Mar 8: Metafluence and “digital twin” specialist firm MetaEntry are partnering to offer services incl. 3D product scanning for e-commerce, metahuman creation & AR/VR.
THE SANDBOX <> AIMC OFFICE — Mar 9: Popular K-drama ‘Extraordinary Woo Young Woo’ (which follows the life of a female rookie attorney with autism) is coming to The Sandbox’s ‘K-verse (Korea Universe).
Don’t forget — for comprehensive, in-depth and up-to-date aggregated VRE market and project data, check out OneLand:
Twitter: @OneLand_World
Discord: OneLand