Highlights:
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NFT Worlds to kickstart a total rebrand, migrate to new contract
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Staked ETH hits ATH, as Binance introduces $ETH liquid staking
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The Sandbox kicks off China culture hub Mega City 3 LAND sale
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Updates to BYOPills, Illuvium, Nifty Island, Outlanders, The Sandbox…&
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TV series filmed entirely inside the Metaverse!
💹 Market Data
Total land cap of the 10 projects on OneLand ended the week stable, down just 0.17% to 812,714 ETH, or $1.52 billion (+0.4%). $ETH rose 0.99%.
Trading suddenly got a lot busier this week at Arcade as the team announced an impending airdrop for landowners - based on a May 1 snapshot (see Events, below). 7-day sales more than doubled, as volume soared 250% and a sale of 5.0 ETH its highest in 3.5 months.
Over at NFT Worlds, just days ahead of a total rebrand, the project is maintaining its positive streak. 7-day volumes have been (well) over 100 ETH with land caps (+2.65%) rising for a 5th consecutive week, while average prices hover about the 2 ETH mark.
Meanwhile, at Otherside, land cap seems to be stabilising around the 380k ETH mark since it dipped into that range a fortnight ago. This is mirrored in cheaper prices of late for Otherdeeds, which supported a strong 7-day sales count (+20.4%).
🗞️ Market News
PURE TELECOM - Apr 28: Half of adults don’t know what the Metaverse is, with awareness highest among 16–23 year olds — that’s according to a new survey of 1,000 adults in Ireland. Read on for more interesting findings.
MICROSOFT <> ACTIVATION BLIZZARD — Apr 26: UK regulators blocked a $69b Microsoft takeover of games publisher Activation Blizzard due to competition concerns.
SOMNIUM SPACE - Apr 28: In a first for TV, ZDFneo’s TV comedy Doppelhaushälfte was filmed and takes place entirely in Somnium Space’s metaverse.
Behind-the-scenes videos and more can be found here.
ETHEREUM — Apr 24: Total staked ETH hit an ATH of 18.88m ETH ($34.6b). It means the Shapella upgrade, which let holders unlock their staked ETH, did not lead to a sell-off but actually increased staking as $ETH hit an 11-month high of $2,136 on Apr 17.
Meanwhile, Binance launched ETH liquid staking as staking demand grows following Ethereum’s transition to PoS.
COINBASE - Apr 25: Coinbase fired back at the SEC, filing a lawsuit and launching a Stand with Crypto campaign.
DAO LAW - Apr 26: The U.S. state of California may bring into law a bill giving legal status to DAOs.
COIN GECKO - Apr 27: Coingecko broke down the Top 20 Web3 Games by Players in 2023 based on Daily Average Unique Active Wallets. #1 Web3 game Alien Worlds currently has 1.9% the number of Minecraft players.
🌄 Sales & Mints
THE SANDBOX — Apr 25: Creator Fund’s April 2023 Highlights NFT Collection. On sale from Apr 25 3pm UTC.
Apr 26 - May 10: Raffle signup for China cultural hub Mega City 3 LAND Sale (May 11–17). 222 regular and 12 Premium LANDs (with exclusive NFTs) for sale; 6 Estates & 12 1x1 LANDs to be auctioned on OpenSea.
The Sandbox also tweeted a thread reviewing MegaCity 1 & 2.
UPLAND - Apr 24/25: Upland kicked off its April MV Motors Car Sale, with 789 cars up for grabs incl. 2023 Series 1 R Trim, Series 2 models & Series V passenger vans.
🎪🏅🎁 Events, Contests & Giveaways
VOXELS - Apr 30: Voxels announced the winners of its special LAND giveaway for new projects who want to contribute to the OG metaverse! Big thanks…& long live Voxels!
ARCADE - May 1: Snapshots will be taken for the 1st phase of Arcade Drops to all landholders. Stay tuned for an AMA during the drop period.
NIFTY ISLAND - Till May 5: Build a battleground arena in the Build an Arena Challenge to be selected for a Nifty Island deathmatch showdown, and win an Ultra Blade. More info in their Discord.
UPLAND — May 8: Upland is holding a Community Meet-Up in London. London & Birmingham are the two newest cities to enter the Upland metaverse.
WEOM — May 5: Metaverse for Wellness Showcase held in WEOM’s Discord Thu 5 May 3pm UTC, incl. giveaway prizes for attendees.
Till May 4: FREE Visionary Land Plot Giveaway to celebrate WEOM’s partnership with Web3 growth platform SuperFine.
🔈 Catch up on this week’s Twitter Spaces, Project Streams & Interviews:
DECENTRALAND : Wearable Wednesday — The creation process
DECRYPT GG : NFT Games After Axie Infinity’s Fall Will Be Made For Gamers, Not Degens
KITCO: ETH staking doubles post-Shapella — will crypto’s rally continue?
NFT WORLDS — Twitter Space: Imagination is limitless in “?” | Team AMA
SOMNIUM SPACE: LIVE feat. KJ SAX @Museverse [WORLD PARCEL #4543]
THE SANDBOX: VoxEdit Monday — Breaking assets down for collisions / GameMaker Tutorial — Creating Combination Locks / Co-Op & Versus in TSB Game Maker / Playing Songkran Waterfight in The Sandbox / Seb speaks with Fili [TSB Turkey]
🛠️ Project Updates
BYOPILLS - Apr 26: The Guardian drops a sneak peak of some BYO Racer UI (taken from an iPhone):
As Galactic_Whorls says, it confirms the in-game currency $TRYP, and suggests renting will be native.
NIFTY ISLAND - Apr 26: Patch 1.1.41: new features incl. signs placement on islands, plus improvements to metallic materials, reflections and water movements, & bug fixes.
NFT WORLDS - May 5: NFT Worlds will totally rebrand, migrate to a new contract and reinforce royalties starting May 5. During the migration, staking rewards will halt and all trading of NFT Worlds assets should be avoided on any platform.
Listen to the team’s AMA to learn more.
THE SANDBOX - Apr 25: Q1 Players Journey Recap: 446.3k in-game hours & 19.07m completed quests, plus more data…and recap of events, avatar collections, accounts creation & more.
OTHERSIDE - Apr 26: Harry Liu tweeted a comprehensive update on the Otherside Development Kit (ODK) covering its background, development, challenges & ODK launch feat. video & AI integration demos
OUTLANDERS - Apr 27: Web2-friendly Web3 MMORPG Outlanders kickstarted its development on going mobile.
ILLUVIUM - Apr 28: The team dropped a sneak peak of Illuvials in its Discord:
TREEVERSE - May 1: Monthly Report #17. Highlights incl. a new in-game coastal area with local assets, design upgrades (combat, ability graphs, AI implementation & much more), a video of the party, dungeon & ability editing tool, and more beautiful artwork.
👬 Partnerships
THE SANDBOX — Apr 28: The Sandbox dropped a Q1 Community & Ecosystem Recap thread, summarizing the partnerships & acquisitions, partners resource hub, community moments & AMAs from Q1 2023.
BRAVE <> 3XP — Jun 8–9: Privacy-focused browser Brave is sponsoring the 11k² foot Esports Arena at the 3XP Web3 Gaming Expo in Pasadena, California. 3XP platform partner Community Gaming will provide gasless payments.
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