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

Highlights:

• Otherside’s 2023 streak continues — land cap up 5.9% for the week, 26% YTD

• Decentraland reveals schedule, lineup, previews & video trailer for MVFW23!

• Unity Game Engine embraces decentralization with Web3 tools

• Illuvium: Beyond launches with release of Illuvitars

• Big updates for BIGTIME, Decentraland, NFT Worlds, Otherside & Treeverse

• Plus a body-tracking Disco Party, virtual hot air balloon tour…& what are the Metaphysics of the Metaverse?

💹 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 total land cap for the 10 projects listed stable (-0.23%) in ETH terms at 927,287 ETH, or approx. $1.45 billion (-4.9%). $ETH fell 4.68%, about 30% worse than the overall crypto market cap (-3.3%), with SAND -13.9% and MANA -12.1%.

Context:

• Though the average prices was up at Decentraland, due merely to its highest LAND sale in 6 weeks, land market cap dipped a massive 12.8% to hit its lowest in over 6 months.

• Somnium Space records no weekly sales for only its second time since just prior to the bull run of late 2021-early 2022.

• Trading activity of Treeverse plots fell starkly this week (coming on the heels of news of a downsize in its workforce) with sales sinking to just 9 (-78%), and average prices falling to their lowest since July last year

Highlight: Otherside

Excitement in the Otherside community has been building of late as the impending release of the Second Trip approaches. Average prices are on the rise, in the past 7 days up another 14.9% to 4.69 ETH. Meanwhile, Twitter Spaces like those from Otherside fan communities @NFTea, OtherSpaceFM and OtherGuild continue to pump the vibes and inform the public.

Yet even moreso, belief has been firming in the metaverse project on the back of Yuga Labs flexing its muscles in other projects such as endless runner game Dookey Dash, their acquisition of 10KTF, and the recent launch of Bitcoin-based Ordinals NFT collection TwelveFold.

Though volumes (-33.3%) and sales (-41.8%) were down this week in line with other projects, Otherdeeds’ land cap — at 487,403 ETH (+5.8%), or $762.6 million — has now risen week-on-week for 14 of the past 15 weeks, and is up 26.6% YTD.

For explanations of our data calculations, check

For comprehensive metaverse market and project data, check oneland.world.

Join us Tuesdays at 5am UTC (that’s Paris 6am, Beijing 1pm, Sydney 4pm) for a Metaverse Data Dive. In the process, we’ll show you how easy it is to navigate oneland.world and hone in on the data you want.

🗞️ MARKET NEWS

DECENTRALAND — Feb 27: Decentraland revealed the schedule, lineup, plus previews — not to mention the official trailer video! (feat. supermodel Tangpoko) — for this year’s Metaverse Fashion Week — themed Future Heritage — happening Mar 28–31.

JAPAN — Feb 27: 10 major Japanese companies — incl. Fujitsu, Mitsubishi and Mizuho Bank — are collaborating to develop Ryugukoku, an interoperable metaverse structure to expand the ‘Japan Metaverse Economic Zone.

YUGA LABS — Feb 28: Yuga Labs is launching ‘TwelveFold’, a 300-piece Ordinals NFT collection of randomly generated ‘bubbles’ inscribed on Satoshis living on the Bitcoin blockchain.

ILLUVIUM — Feb 28: IlluviumDAO voted to block a gaming session between Illuvium CEO Keiran Wawrick and Su Zhu of bankrupt crypto hedge fund Three Arrows Capital due to “scam by association”.

UNITY — Mar 1: Cross-platform game engine Unity added a Decentralization category in its Asset Store with 13 Web3 tools and protocols (incl. Metamask, Immutable X, Solana…) for devs to integrate in their video games.

MultiversX — Mar 1: Tech startup MultiversX has launched its PortalX “super app”, offering encrypted messaging, tradfi and crypto payment tools, investment tracking and a portal for Web3 apps and metaverse experiences.

MASA FINANCE <> CELO Mar 1: Masa Finance will deploy its ‘Prosperity Passport’ on the “carbon-negative” Celo chain, allowing users to mint Soulbound Tokens (SBTs) related to their digital lives, e.g. credit score SBTs, community reputation SBTs & .celo domain name SBTs.

🌄 SALES & MINTS

UPLAND — Feb 27: Upland kicked off a Block Explorer sale with all proceeds going to UNICEF Brazil’s emergency fund to support relief efforts for the earthquakes in Turkey and Syria.

VOXELS — Mar 2: For Women’s History Month, Voxels is supporting NYC fine artist Jessica Yatrofsky with her XX GEN drop, a 555-piece project, with 20 with exclusive utility reserved for the Voxels community.

(Check Events below for the upcoming Minting Party on Mar 8, International Women’s Day.)

THE SANDBOX — Mar 5: The Sandbox released stats from its Voxel Madness Sale (Feb 21): 454 LANDs & 12 Estates sold, 138 first-time buyers, 758k $SAND (approx. $550k) in sales volume.

ILLUVIUM — Mar 7: Illuvium: Beyond **launches with the release of Illuvitars. From 8am UTC Mar 7, D1sks go up for sale. Each D1sk contains 1 Illuvitar, 3 accessories and 1 Tier0 Illuvitar.

See Events below for info on the Launch Party which will feature a stream of the latest Illuvitars and accessories found, and sales milestone gifts.

🎪🏅🎁 EVENTS, CONTESTS & GIVEAWAYS

WORLDWIDE WEBB — Feb 24 — Mar 5 : WorldwideWebbers got the chance to take on the CyberKong boss as part of the team’s first ever IRL PvP event at Ethereum Denver 2023.

DECENTRALAND — Feb 28: MetaParty ran a Community Fashion Show for avatars to make a fashion statement on the runway for the chance to win both wearables and $MANA.

Mar 1–9: Take a hot air balloon tour over Hegra’s ancient Tomb of Lihyan and breathtaking Arabian desert landscape. The first 100 to take the ride win an exclusive wearable, a key to future experiences.

THE LOST WALLET — Mar 1: The Lost Wallet launched its 24-week interoperable Treasure Hunt across the Metaverse. Each weekly Quest reveals 1 word that together reveal a seed phrase to a wallet with a CryptoPunk to be claimed.

SOMNIUM SPACE — Mar 5:OLYsounds and HotzHouse ran the “turntables” at a Full Body Tracking Edition Disco Night at GenesisVR Tron Club.

ILLUVIUM — Mar 7: Join the community for the Illuvium: Beyond Launch Party, at 10pm UTC, as they open their D1SKs, watch a dashboard displaying sales milestones reached, a feed of Illuvitars minted, and win prizes. To join, sign in to your account on Mar 7 and navigate here.

VOXELS — Mar 5: States of the Metaverse exhibit launched at the SearchLight.Art Gallery in Voxels. Enter.

Upcoming — Mar 8: Bitpixi’s Bar will hold a Minting Party for Jessica Yatrofsky’s XX GEN drop — feat. live music by PurpLeTariat — for International Women’s Day. XX GEN collectors get free drink wearables!

THE SANDBOX — Ongoing — Mar 8: Complete 200 quests of any experience in TSB during the February Festival to share in a prize pool of 500k $SAND.

Catch up on this week’s TWITTER SPACES, PROJECT STREAMS & INTERVIEWS:

AYA STELLAR: Mental Health in Web3

CIVITAS: Web3 Gaming

DECENTRALAND: WearableWednesday feat. SUPERNINA & Kay | Digital Fashion

DECRYPT: Neal Stephenson Maps Out the Metaverse

NFT WORLDS: Weekly WRLD — Open Floor w/ @allyourlootnews

OTHERSIDE: News and Speculation hosted by @NFTea, feat. @OTHERSpaceFM

OVR THE REALITY: ¡TODO SOBRE MAP2EARN! ¡REALIDAD AUMENTADA PRECISA!

SOMNIUM SPACE: Competitive Game Hub Event at MetaHub Game DAO WORLD

🛠️ PROJECT UPDATES

BIG TIME — Feb 27: Patch v0.25 went LIVE! Big updates incl. a new starting arena, SPACE updates, Footstep effects, Emotes, bounties for extra rewards, fast traveling via waypoints…& more.

DECENTRALAND — Mar 3: Creators can now add the #MVFW23 tag to their runway-ready items in the Builder.

The Marketplace was also updated with a dedicated MVFW23 tab, new creator emotes, plus new filters for wearables & LANDs (now filter by Estate size, LAND that is adjacent to roads, or a plaza.)

NFTWORLDS — Feb 27: NFT Worlds released updates to its game client, as well as upcoming second lootbox and unboxing experience, and the Armory which, “all going smoothly”, will be released the second week of March. Check out a demo of the Armory here.

Feb 28: The team also announced that Twitter, Discord & Google social logins are on the way.

TREEVERSE — Feb 28: Treeverse released its Monthly Update. Included — the recent staff layoff, player experience upgrades based on issues encountered in the recent pre-Alpha, plus yet more sneak peaks of the game’s stunning artwork and design.

YUGA LABS — Feb 28: YugaLabs cofounder Greg Solano shared the Otherside roadmap and lessons learned from DookeyDash, and @harryforj tweeted an excellent summary of it (with video excerpts).

Highlights: Dookey Dash grew Yuga’s ecosystem 40%, gaming is a big priority & The Second Trip is coming!

👬 PARTNERSHIPS

THE SANDBOX <> BRINC — Feb 28: The Sandbox partnered with VC/accelerator firm Brinc to launch BharatBox, an Indian cultural hub feat. high-profile artists and brands from India’s art, sports and entertainment fields, incl. Bollywood.

THE SANDBOX <> SVIPER GAMES — Feb 28: The Sandbox acquired German game developer Sviper Games.

WORLDWIDE WEBB <> SPOTIFY — Feb 28: Worldwide Webb is bringing a new music experience into virtual gaming spaces after announcing an integration with Spotify.

METAFLUENCE <> PARMA CALCIO 1913 — Feb 28: Metafluence partnered with Unitos’ ParmaFan Token, serving the football fans of Parma Calcio 1913.

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