Metaverse Weekly Wrap-Up: Oct 9–15

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

💹 Market Data

Stake your TheSandbox LAND & earn 3.09%* APY. Stake your $SAND & earn 7.47%* APY (*10.16.2023)

OneLand 7D data shows aggregate land cap for the 10 projects listed up 0.37% to 656,739 ETH (-3.6% to $1.03bn).

Looking closer — Decentraland saw a positive turnaround (+4.24%) while Otherside sunk to its lowest land cap to date.

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

$ETH fell significantly for a second week, dropping another 4.6% to $1,558.31, helping to drag down NFT values (total NFT cap -0.75% to 2.65m ETH, -4.94% to $4.23b USD). Most metaverse tokens incl. $SAND (-3.33%), $MANA (-3.33%), $APE (-1.73%) & $TOPIA (-13.77%) all fell.

HYTOPIA pulled in its highest land parcel sale of all time with #881 exchanging wallets for 11 ETH. The average price last week remained a very strong 2.7 ETH, while the floor price hit an incredible 1.9 ETH!

The 3-month view of land sales paints a clear picture — HYTOPIA (3M)
The 3-month view of land sales paints a clear picture — HYTOPIA (3M)

Not sure if it is due to Otherside degens too busy playing LOTM, or laid off Voyagers halting trading, but last week’s sales of Otherdeeds plummeted to just 60 trades and only 62.1 ETH in trading volume (-74.62%).

Meanwhile, Otherside land cap (-0.68%) keeps sinking, this week to 321,864 ETH.

20+ ETH sales, hundreds of weekly sales of Otherdeeds have faded from view
20+ ETH sales, hundreds of weekly sales of Otherdeeds have faded from view

Somnium Space’s big VR1 update seemed to do the trick, the VR metaverse project enjoying a second straight week of busy land trading, and with no especially high-priced purchases to account for — both weeks raking in 10+ ETH.

The vast majority of sales occurred over a busy weekend, with Sunday recording Somnium Space’s highest daily trading volume in 6 weeks.

Trade Plots — Somnium Space (7D)
Trade Plots — Somnium Space (7D)

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

🗞️ Market News

Huobi, KuCoin, over 140 crypto exchanges ‘non-authorized’ - UK regulator, FCA [FCA Warning List of unauthorised firms]

🌄 Sales & Mints

THE SANDBOX - 10.10: The Aavegotchi avatars went LIVE. Connect your Sandbox account with your Aavegotchi wallet to use your free Avatar.

10.11: Attorney Woo Allowlist mint began. Add an Attorney Woo avatar from @Whalesclub_io & get ready to crack some challenging cases in The Sandbox.

🎪 Events, Contests & Giveaways 🏅

DECENTRALAND - 10.10: DCL announced the 8 winning Creators for DCL Music Festival ‘23.

10.12: Spin the wheel in Genesis Plaza to win an emote & strike a pose. Share your pic with DCL Camera on Twitter, hashtag #DCLEmote & add wallet address to win.

THE SANDBOX - 10.12: Join the search & recovery mission at @3VEREST_camp. Be among the first to find Oroku & the Mount 3VEREST Yeti & receive epic prizes!

10.13: Lotte World launched Lotte World Station & and Lotte World Fairy Tale World in The Sandbox! 80k $SAND to win. 20k $SAND for Lotte World NFT owners.

11.3: Creators Day, Hong Kong. Incl. dev updates, masterclasses, workshops, Dance Fight Dance Battle, Live Voxel Wars with @Pandapops7, connect with studios & creators, & more. Nov 3, 10:00-18:30 at The Fringe Club. Sign up.

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

HYTOPIA: What’s the Alpha? / Model mastery competition winners announcement 

SOMNIUM SPACE LIVE: Soul Sunday Group Meditation / Building WebWORLDs from scratch

🛠️ Project Updates

DECENTRALAND - 10.11: The Decentraland Foundation Q3 report. Covers new future releases & updates, community wins & highlights.

10.11: DCLWorlds are now available for holders of ENS domains.

10.12: Map updates!

👬 Partnerships & Funding

AMAZON x IMMUTABLE - 10.11: Crypto firm Immutable joined Amazon Web Services’ ISV Accelerate Program to develop blockchain gaming infrastructure solutions that make it easy for devs to launch and scale their games.

THE SANDBOX x DRECOM - 10.9: Drecom, creator of the legendary Wizardry franchise, will introduce ‘Eternal Crypt - Wizardry BC’, a blockchain adaptation of the famous game, into The Sandbox. ‘Eternal Crypt’ also released its first NFT Adventurer Genesis collection.

THE SANDBOX x LOTTE - 10.10: Lotte World will soon unveil two playable experiences in The Sandbox: Lotte World Station & Lotte World Fairy Tale World.

THE SANDBOX x SANDSOFT GAMING - 10.13: TSB partnered with Sandsoft Gaming to build a team of Web3 gaming experts in Saudi Arabia.

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