• WorldwideWebb fights back with a series of project updates, integrations and partnerships — and one big sale!

• Decentraland and The Sandbox battle it out for the price of a parcel

• Somnium Space’s CUBE token price soars 40%

• Solana and cross-chain protocol Nomad suffer attacks, Nomad’s loss a staggering $190 million

• Voxels features at Mexican tech conference Queretaverso

• OneLand teams up with the world’s 1st ecommerce in the Metaverse

The first week of August saw 7-day aggregate land cap for the 7 metaverses listed on OneLand down 3.58%. As a percentage, this is the biggest drop since early July. Trading volume also suffered a second consecutive week of double-digit dips, down 20.4% after last week’s 47% slide.

Things leveled out at The Sandbox this week with its land cap decreasing 4.95% week-on-week, while overall sales (-33%) and volume (-45%) took a hit. August’s first week saw just 94 sales of LANDs in The Sandbox (for context, the last 4 weeks figures averaged out at 181). Factors at play might be a comedown from the hype of some big partnerships of late, including those from Steve Aoki to Playboy and Tony Hawk, though (as partnerships for The Sandbox are the norm) it is more likely a general market correction, given a solid July performance in average price (+23%) and land cap (+11%).

Last week we also reported on the convergence of average prices of The Sandbox and Decentraland. This week, things look a little different, however, as Decentraland’s price rose by 1.94% while The Sandbox’s fell 18.66% to just 1.7. Decentraland continues its slide on most metrics, notably another 3.52% fall in land cap, which is now 14% less than that of The Sandbox. Still, with a few more 2.5+ ETH sales to add to the mix, the average price of a parcel of VRE in Decentraland is now 2.1 ETH.

The first ATM in the Metaverse seems like big news and the fact that this is occurring in Decentraland is testament to its identity as the true OG of the decentralized Metaverse, regardless of troubled economic times of late. Hopefully, more avatars will be lining up at Transak ATM in Decentraland to withdraw MANA (up 8.45% week-on-week) directly into their wallets. Despite the recovery in pricing. Decentraland continued to experience lower sales, volumes and land cap, though by a more moderate level.

Voxels, however, saw a 300+% rise in trading volume and 88% jump in average price in the past 7 days. This was obviously heped by a 12.5 ETH sale on Aug 2. 29 of the week’s 41 sales occurred in the first half of the week, which may have been a warm-up to Voxels’ appearance at the Queretaverso tech conference in Mexico Aug 3–5. One big sale can often change the mood of a project, particularly for one that recently announced it was hunkering down for the “crypto winter”. Taking some perspective, one sale is only one sale, and an average price of 0.96 ETH is hardly cause to jump for joy, though at least it puts it on a level footing with May.

Worldwide Webb also had a sale to change the mood, though this was a truly big one. 25 ETH on the trade view chart came as a shock, given the only other sale of the previous 3 months near this magnitude was for 17.97 back in May. The third biggest of the 3 months was for 3.3 ETH on May 10. But there was more to warm the hearts of WorldwideWebbers. With July results indicating times are maybe turning, weekly figures looked good — sales doubled on last week, while average price almost recorded the same (+92%). Meanwhile, the team keep the vibes flowing as usual with spatterings of cool news (like being able to watch a video inside your Apartment), cute videos and friendly Tweets.

Somnium Space cooled somewhat from last week with volumes retreating 33.3% and sales down exactly half that, putting downward pressure on prices and sending its average parcel price back to where it was a fortnight ago.

Somnium Space’s token CUBE, however, soared 40%. This is a huge correction, given that the price has not been in such territory since May, and must come as a big lift for the project. Higher demand for CUBE may have been driven by an article published Aug 6 regarding the vigorous activity happening within the metaverse, as it recalled the start-up founders’ pitch last week, along with other recent events. Somnium Space might have a small holder base and lower land cap compared to others, but it surely warrants a closer look from land investors and developers. Time will tell if increased stacking of CUBE lasts or not or if it results in more land purchases in Somnium Space.

Both NFT Worlds and Otherside also experienced falls across all major metrics this week.

Otherside keeps correcting of late, ending the week down 3.3% in market cap and a top sale of only 30 ETH. For context, the last 3 weeks had top sales of 135, 154 and 75 ETH. Trading volume was also down 21% on the back of last week’s 41% drop.

Lower week-on-week volumes are no surprise from an overall market perspective. But given what has been going on with NFT Worlds of late, any retreat in sales and volume without a deeper look might indeed be a good sign, considering the sales explosion-cum-pricing catastrophe that kicked off after Minecraft banned NFTs July 20 and the whole project imploded. NFT Worlds finished off the week with its land cap down by 7% for a second consecutive week.

Top Sales by metaverse (7D):

Otherdeed #2513: 30 ETH — Aug 1

The Sandbox #37820: 3 ETH — Aug 6

Somnium Space #2026: 2.99 ETH — Aug 5

Decentraland (-14, -110): 6,000 MANA (3.73 ETH) — Aug 1

NFT World #250: 2.45 ETH — Aug 2

Voxels #9: 12.5 ETH — Aug 2

Worldwide Webb #9065: 25 ETH — Aug 3

Metaverse Tokens

#SAND $1.3179 +0.76%

#MANA $1.0596 +8.45%

#CUBE $2.1763 +41.5%

#WRLD $0.01286 -21.6%

#CUBE $2.1763 +41.5%

#ETH $1699.35 +0.62%

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

• Aug 1

Gary Vee’s VeeFriends NFT project raised $50 million in a seed round led by Andreessen Horowitz (a16z). The funds will support development of the 283 VeeFriends characters’ IP and support scaling the project.

https://nftplazas.com/a16z-veefriends-50-million-seed-funding-round/

• Aug 2

The world’s First ATM in the Metaverse is coming to Decentraland. Transak ATM is the world’s first fiat-to-crypto on-ramp with which users can buy MANA directly into their wallets.

https://mpost.io/decentraland-introduces-the-first-metaverse-atm/

• Aug 2

Cross-chain bridge protocol Nomad got hacked with almost all funds emptied — an enormous $190.7 million loss. Unbelievably, it happened a week after Nomad was valued at $225 million in a seed round featuring some big names including Coinbase, OpenSea and Polygon.

https://mpost.io/nomad-bridge-gets-exploited-leads-to-crypto-frenzy-and-190-million-loss/

• Aug 3

Solana suffered a huge wallet attack with at least $6m of SOL and USDC tokens drained from over 8,000 wallets, with Phantom wallet hit worst. At times like this, you have to focus on the lighter side of life.

https://video.twimg.com/ext_tw_video/1555200294413369345/pu/vid/640x360/xKeIg52e_dAtZh-1.mp4?tag=12

• Aug 1

Metaverse advertising marketplace MetaViu launched its Billboard NFT mint that includes Double, Triple and Quadruple billboards with generous revenue-sharing models. It comes on the back of a partnership deal with award-winning agency Paradox Group.

https://metaviu.io/

• Aug 2

The Water World Prelude NFT pack was added to the Creator Fund collection.

https://sandboxgame.medium.com/creator-funds-water-world-prelude-nft-collection-bc85361164f4

• Aug 1

The Sandbox announced that holders of Bushidos NFTs can now claim a VX Sacred Daito on The Sandbox claim page. Bushidos is a collection of 8,888 Samurai warriors on the blockchain promoting Samurai lore and culture.

• Aug 1

Soft drink brand Snapple launched its Element Blockchain Bodega in Decentraland, with free flavourful wearables. Bodegas are small stores serving hot food common in New York, typically with Puerto Rican or Cuban influences.

https://events.decentraland.org/event/?id=35c02b70-8e7f-44b4-8cab-c6fed026bce5

• Aug 2

The David Nelson Band held a special evening of music to celebrate the launch of the Jerry Garcia Archive on Jerry Garcia’s 80th Birthday.

https://events.decentraland.org/event/?id=e5cfa450-f5e9-423f-af3c-0ee13b7969a2

• Aug 3

Decentraland Fund is looking to improve how users discover and navigate to new locations in Decentraland.

https://docs.google.com/forms/d/e/1FAIpQLSesTMnufrfd-7Ilz5UUK6FGKV6Ae6VlLI8M7l-zytv_sMYylw/viewform

• Aug 7

DCL Museum hosted 3D artist and graphic designer DanSky’s 3D NFT gallery with a wearable giveaway.

https://events.decentraland.org/event/?id=3af1309e-2a13-466f-9222-d070c560853d

• Aug 2

Arctic Alliance Sappy Seals & Pudgy Penguins activated a build proposal on NFT community hub SandStorm to create 1 snowflake-themed maze and 1 arctic seal beach lounge. Verified builders with BETA TESTER badges can bid.

• Aug 3–5

Voxels featured at Queretaverso, a huge 3-day tech conference in Mexico. At the event, @bitpixi discussed the blockchain, what’s possible in Voxels as well as fun ways to make money in the OG metaverse.

https://twitter.com/cryptovoxels/status/1554983413630865409?s=20&t=sCv9g2CW_HQDrh0i3ylL_w

• Aug 5

The Sandbox released a video recording the highlights of NFT NYC 2022.

Listen again to this week’s #Twitter Spaces:

Decentraland:What is the Metaverse? featuring The Today Show.

Worldwide Webb: Exploring Worldwide Webb, featuring @Boki.

NFT Worlds: The Weekly WRLD

Regular weekly events:

Somnium Space: Weekly VR Builder session

The Sandbox: The Sandbox Saturday Stream.

• Aug 2

DecentRally launched a fully operational racetrack in Decentraland. Racers can compete, while developers can even build their own tracks.

• Aug 7

Dice Masters’ Journey to Antrom held a Finding Callan Quest in Decentraland. Players completed multiple quests to earn NFTs.

• Aug 5

Playboy kicked off its VoxEdit Contest in The Sandbox. Entrants should create an asset inspired by the Playboy universe for the chance to share among 15k SAND in prizes.

https://sandboxgame.medium.com/playboy-voxedit-contest-8f2a8a6ed88c

• Aug 1

Sandstorm’s marketplace build proposal system offering on-demand metaverse building went live on The Sandbox. The platform directly connects brands with both metaverse builders and dev studios.

https://sandstorm.co/build-proposals-are-live/

• Aug 1

Voxels launched a number of optimized features in its website such as internal chat. The focus on core product in Voxels’ hunkering-down phase is already bearing fruit.

https://voxels.com

• Aug 5

Voxels announced in a Tweet a reduction of their land cap from 70,000 to 69,420 parcels.

• Aug 2

The Decentraland DAO Governance Squad released The Grants Dashboard, a new feature giving the community a bird’s eye view of the Community Grants program by checking all the latest updates from grantees.

• Aug 4

Worldwide Webb released big updates to their landholder Alpha, in-game & social updates, as well as Webb Festival & integration leaks.

https://discord.com/channels/811393392125673502/813278593735458819/1005436642665971763

• Aug 1

Metaverse project D.OASIS out of Thailand teamed up with Human X Club, 30 corporate partners and 25 KOLs to enter The Sandbox.

• Aug 4

COMEARTH, the world’s 1st VR-enabled e-commerce metaverse, partnered with OneLand. To celebrate, COMEARTH and OneLand launched a Twitter giveaway and will announce their first joint AMA very soon.

• Aug 4

Staycool was integrated into Worldwide Webb landholder’s V2 build, with all Worlds holders who own land able to connect their wallets and play.

• Aug 5

Worldwide Webb teamed up with famous NFT project Moonbirds in a partnership stressing interoperability.

• Aug 6

Worldwide Webb integrated characters from MMORPG The Treeverse and creator Loopifyyy into its metaverse.

• Aug 7

Worldwide Webb integrated the Dead Fellaz NFT collection into its metaverse.

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_World