Metaverse Weekly Wrap-Up: Nov 20–26

Market Data | Market News | Events & Contests | Project Updates | Partnerships |


💹 Market Data

OneLand 7D data shows aggregate land market cap for our 10 listed projects down by 1.53% last week to 651,037 ETH (+0.94% to $1.343b).

Meanwhile, $ETH was back in positive territory, +2.51% to $2.062.39.

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

Prices (+16.4%) of land plots in up-and-coming MMORPG Treeverse are on the rise.

This week, the nominee for ‘Most Anticipated Game’ in next month’s GAM3 Awards (see Events, below) picked up its top sale in 6 monthds, as its land cap (+1.61%) continues to climb, up 6% in the past month.

The last few months of data tell a good story at Treeverse
The last few months of data tell a good story at Treeverse

Once again, trades congregated over the weekend, as Sunday recorded the Web3 game’s top daily volume in over 10 months, and 7D volume surged 174% to 43.54 ETH.

Sales (+125.5%) and volume (+99.2%) were also up at The Sandbox last week, after launching its LAND sale for new district Cinerama.

Yet another land sale at The Sandbox, but with land prices so low, a lot of early buyers will be wringing their teeth
Yet another land sale at The Sandbox, but with land prices so low, a lot of early buyers will be wringing their teeth

HYTOPIA’s land cap (-3.26%) fell for its second straight week. But it also recorded another bumper sale, of 12 ETH, with average land prices (+15.91%) now seemingly settling in the 2–3 ETH range, and floor prices continuing to rise.

Meanwhile, the team needed only to dispel rumors during the week that $TOPIA was not to feature as intended in the initial game design to see it surge 89% to $0.0465.

$TOPIA hit an ATH this week
$TOPIA hit an ATH this week

Other metaverse tokens also rose — $MANA +1.75%, $SAND +4.45%, while $APE cruised north 18.25%.


🗞️ Market News

11.20: Asia-Pacific ahead in Web3 game dev / US in funding in State of Web3 Gaming Report

11.20: Pro-BTC anti-CBDC President Javier Milei to chainsaw Argentina economy

11.20: How US states are cracking down on metaverse & crypto scams

11.21: Binance settles with US government / pays $4.3bn in fines

11.26: Inside OpenAI, a rift between billionaires and altruistic researchers unravelled over the future of artificial intelligence


🎪 Events & Contests

THE SANDBOX — 11.21–12.11: Thai girl group 4EVE is appearing in a metaverse concert in The Sandbox. Join now until Dec 11. Presented in collaboration with SCB 10X & T-POP.

11.22–12.20: Help the Smurfs fend off Gargamel’s evil scheme. Play with any Sandbox avatar.

11.25: The Sandbox Experiences of the Week

GAM3 AWARDS — 11.22: Final nominees announced for the 2023 GAM3 Awards. Vote now.

TREEVERSE — 11.22: Treeverse was nominated for “Most Anticipated Game” in the GAM3 Awards.


🛠️ Project Updates

AXIE INFINITY — 11.25: Axie Infinity launched its Merch Store and allowing owners of Axie NFTs to create & sell their own products, suggesting owners can start Axie-themed cafes, comics, restaurants or toy collections.

ILLUVIUM — 11.21: New Illuvium: Arena PvP trailer to celebrate its listing on the Epic Games Store, which goes live Nov 28.

EMBER SWORD — 11.20: To celebrate the success of their Ultra Deep playtest, Ember Sword unveiled a handcrafted diorama depicting the epic battle between autonaut Shauk and the brave adventurers who faced his fury.

WORLDWIDE WEBB — 11.22: The website login has been updated. Users should reconnect their wallets and emails.


👬 Partnerships & Funding

SPACENET x STRING METAVERSE — 11.20: Spacenet Enterprises India Ltd. has acquired a stake in Web3.0 Esports platform String Metaverse in a move aimed to expand its presence across India, Middle East, SE Asia, and Europe.

THE SANDBOX x SCB 10X & T-POP — 11.20: VC firm SCB 10X is getting together with Thai pop culture torchbearer T-POP to feature Thai girl group 4EVE in a metaverse concert in The Sandbox.

THE SANDBOX x NUQTAH — 11.24: The Sandbox and Sandsoft partnered with Saudi Arabian Web3 infrastructure builder Nuqtah to boost Web3 adoption in the region.


Thanks for getting this far, & we hope you find our weekly updates informative & useful.

Enjoy our Freedom Tweet of the Week:


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