Metaverse Weekly Wrap-Up: Dec 12-18

Market Data | Market News | Sales & Mints | Events Contests & Giveaways | Project Updates | Partnerships |

Highlights:

  • LandVault to mint — and monetize — metaverse builds as NFTs!

  • Illuvium releases Beta version of its second game, Illuvium: Overworld

  • Ex-FTX CEO SBF is arrested, as the pressure over proof-of-reserves now extends to Binance

  • NFT Worlds launches $WRLD1.0-to-2.0 conversions, as it solicits suggestions for a new name for the project!

  • Decentraland pushes its LAND rental ecosystem, after hitting hundreds of rentals in its first week since launch

  • The Sandbox pumps out more partnerships — including for a Metaverse accelerator with Brinc, and security service with OpenZeppelin

💹 Market Data & Analysis

**Important Note**

OneLand is in the process of upgrading our data acquisition methods, so certain data may be missing. We will temporarily refrain from releasing our data until the upgrade is verified and fully tested.

🗞️ Market News

LandVault

  • Dec 13

Metaverse builders LandVault will mint — and thus monetize — metaverse experiences as NFTs. Its new decentralized protocol Matera will put metaverse builds (e.g. virtual shops, stadiums or any other experience built on virtual real estate) on-chain, offering new revenue, payment and governance options for creators.

Illuvium

  • Dec 13

Illuvium launched the Beta version of its second game Illuvium: Overworld. The game will be available on Windows — and Mac in an experimental state — to all users already participating in Illuvium: Arena PB2. Check the 20-min tutorial here.

Co-founder and game director Aaron Wawrick says, “Our mission is to build the first truly AAA experience in the history of Web3.”

FTX

  • Dec 13

Former FTX CEO Sam Bankman-Fried was arrested in The Bahamas (and denied bail) after the U.S. filed criminal charges. It came just hours before he was due to testify under oath before Congress.

Binance

  • Dec 15

Meanwhile, Binance CEO ‘CZ’ warned staff the next few months could be rocky, after a Proof of Reserves report attracted scrutiny from authorities and industry peers alike. Tue 14 Dec saw the highest amount of 1-day withdrawals (-$3.66b) since June, according to data from Nansen.

Animoca Brands

  • Dec 15

Animoca Brands announced the upcoming launch in Q1, 2023 of its official PFP NFT collection. Mocaverse comprises 8,888 Mocas divided into 5 tribes, with utilities that include “learning, playing, building and doing good together.”

Donald Trump

  • Dec 15

Donald Trump released his first NFT collection, Trump Digital Trading Cards.

Unsurprisingly, with both NFTs and Donald Trump combined within a single story, the anti-crypto, anti-Donald Trump mainstream media in the US had a field day ridiculing him.

🌄 Sales & Mints

The Sandbox

🎪🏅🎁 Events, Contests & Giveaways

Events

The Sandbox

  • Dec 12

Playboy held its 69th birthday party in The Sandbox. The 6.9 day-long event ran from Dec 12 to 19 and featured iconic characters from Playboy’s past and present, parties and quests, with 100k SAND up for grabs.

  • Dec 14

Forbes kicked off a 2-week event to celebrate the launch of its Metaverse Hub in The Sandbox. The Hub, co-developed with Polygonal Mind Creative Studio, enables users to discover the history of Forbes, view the Forbes ’30 Under 30 Gallery’ and purchase Forbes wearables, among other activities.

Decentraland

  • Dec 13

Decentraland published a recap article of Decentraland Metaverse Music Festival 2022.

  • Dec 14

Meta Trekkers hosted old-school R&B singer/songwriter LoSmoothe’s first metaverse concert at their Clubhouse in Decentraland.

  • Dec 15

Awed Job and Bufa held their second line dance class in Decentraland. All attendants got a Free BFL Cowboy hat wearable.

Contests & Giveaways 🏅💰

The Sandbox

  • Dec 12

The Sandbox teamed up with Warner Music Group to hold the last Game Jam of 2022! People can submit a music-themed game experience up until Jan 2 for the chance to share among 30k $SAND in prizes.

Upland

  • Dec 13

Upland launched its Carnaval Ornament Contest in advance of the Brazilian Carnaval. Players can submit a 3D Structure Ornament by Jan 9 for the chance to have it sold in the Upland Store and receive 70% of sales revenue.

Catch up on this week’s Twitter Spaces, project streams & interviews:

Decentraland: 12 Days of CRYPTMAS feat. Serotonin

Crypto Miners: AMA with Decentraland, feat @CeasarsCalls & CryptoMiners.

Otherside: Otherside Confirmed for Q3 2023

Illuvium: Overworld Beta Tutorial

Satoshiverse : The Hideout: Gamifying the Metaverse feat. Decentraland

Upland: Community Twitch Stream feat. UK Community Manager @LightItUpDan

Worldwide Webb: Uniswap Labs x Worldwide Webb Twitter Space

NFTWorlds: Weekly WRLD-WRLD 2.0

🛠️ Project Updates

The Sandbox

  • Dec 13

The Sandbox launched updates of their staking pools, the LAND Owners pool cap increasing to 1,000 $SAND/LAND from Dec 15, with rewards for each set at 200k $SAND/week for the next 8 weeks.

NFTWorlds

  • Dec 15

NFTWorlds announced $WRLD1.0 tokens can now be converted to $WRLD2.0. Holders can convert via either the $WRLD conversation page or the World Manager after claiming their $WRLD1.0 staking rewards.

Meanwhile, NFTWorlds is soliciting community suggestions for a rename!

Outlanders

  • Dec 14

MMORPG Outlanders continues to add more game updates in anticipation of its long-awaited release — with more characters and weapons, and a Survival Mode.

Decentraland

  • Dec 15

Decentraland published an article to introduce its new LAND Rentals feature, with instructions on how to rent and how to build on rented LAND! The article revealed 200+ listing were posted in the first week since launch.

👬 Partnerships

K-verse

  • Dec 12–18

K-verse announced a series of partnerships — including with digital collectible producer AniCube, black music record label Sajah Records, and South Korean entertainment behemoth LOTTE WORLD.

The Sandbox<>Brinc

  • Dec 13

The Sandbox partnered with VC/accelerator firm Brinc to launch a joint Metaverse Accelerator Program to support the launch of new startups that can empower The Sandbox ecosystem.

The Sandbox<> OpenZeppelin

  • Dec 14

The Sandbox launched a comprehensive metaverse security service with blockchain security provider OpenZepplin.

The service includes audit support of The Sandbox’s various system components, including its ERC20 token, meta-transactions, non-fungible & semi-fungible token contracts, as well as escrowless auctions feature.

The Sandbox<> Wunderman Thompson

  • Dec 13

The Sandbox announced a partnership with creative agency Wunderman Thompson to onboard its customers to Web3.

Decentral Games <> Coin Gecko

  • Dec 13

Decentral Games partnered with top crypto data aggregator CoinGecko to release a lounge of reptilian NFTs, which will grant free access to ICE Poker’s Sit N Go tournaments. They will also co-host a party on Dec 21 to celebrate.

Don’t forget — to access the most comprehensive, in-depth and up-to-date aggregated VRE market and project data, check out OneLand:

Twitter: @OneLand_World

Discord: OneLand

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