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Metaverse Weekly Wrap-Up: Aug 7-13

Market Data | Market News | Twitter Spaces & Project Streams | Project Updates | Partnerships


šŸ’¹ Market Data

Stake your TheSandbox LAND & earn 3.37%* APY. Stake your $SAND & earn 9.4%* APY (*14.7.2023)

7-day data shows VRE market cap for the 10 projects on OneLand up marginally (+0.17%) to 663,914 ETH (or +0.79% to $1.221 billion).

It represents the first aggregate land cap rise in 3 months, albeit the price of ETH rose more (+0.66%) to end the week at $1,839.32.

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

This week saw recovering trade volume for the Otherside (+50.6%), kicking off with a highest sale in 2 months of 19.5 ETH, and culminating in a 19.55 ETH purchase on Sunday that saw OneLand’s Metaverse Heat Index reach the fiery heights of 91.4.

Trade Plots — Otherside (7D)
Trade Plots — Otherside (7D)

Nevertheless, given the market conditions (MoM falling land prices) the weekly pickup in trading did little to stem the tide of a deteriorating land cap, down for a 9th straight week, while the number of sales (-49.6%) was also down.

Metaverse Heat Index (7D)
Metaverse Heat Index (7D)

This, plus a 7-day comeback in trading action (+51.5%) at The Sandbox (as a Premium LAND sold for 12.55 ETH, a top sale in 5 months) saw aggregate trading volume for the 10 projects rise by 38% for the week. Besides, 7-day trade volume of all NFTs also picked up some slack, +26.3%.

Meta Rankings — VRE Trading Volume (7D)
Meta Rankings — VRE Trading Volume (7D)

Over at BYOPills, and two BYOLand sales of 0.45 and 0.5 ETH kicked off a week that showed glimpses of recovery, following a rather lackluster month, with all major metrics in the green, incl. BYOLands cap which rose for its first time in 2 months.

Meanwhile, Somnium Space experienced a comedown last week after a bustling previous 7 days of hype surrounding its v3 release, recording just 4 parcel sales and an overall trading volume of just 2.34 ETH.

For more info & instructions how to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s simple!)


šŸ—žļøĀ Market News

Kenyan authorities raid Worldcoin warehouse in Nairobi under search warrantĀ 8.7

PayPal unveils new stablecoin $PYUSDĀ /Ā Bigger News than a BTC ETF?Ā 8.8

500+ Positions Currently Open in the MetaverseĀ 8.9

India proposes AI-powered conversational payments system — RBIĀ 8.10


šŸŒ„Ā Sales & Mints

ILLUVIUM — 8.15:Ā Illuvium:Beyond Wave 2 Sale

Alpha Sale: 24h only. Standard D1SKs (0.00601 ETH) & Mega D1SKs (0.05401 ETH). Ends Aug 16, 10pm UTC.

Extended Run Sale: Standard D1SKs (0.00301 ETH) & Mega D1SKs (0.01801 ETH). EndsNov 15.

https://illuvium.io/news/the-ultimate-preparation-guide-for-illuvium-beyond?utm_medium=email&_hsmi=269286850&utm_content=269286850&utm_source=hs_email


šŸ”ˆ Catch up on this week’s Twitter Spaces & Project Streams

HYTOPIA:Ā New Sneak Peaks & Designs/ Upcoming Mainnet/ Creators Events

OTHERSIDE:Ā The Yugaverse is ExpandingĀ hosted by OTHERspace

SOMNIUM SPACE LIVE:Ā Immersed Minds AI DiscussionĀ /Ā Building #WebWORLDs from scratch


šŸ› ļø Project Updates

AXIE INFINITY — 8.8:Ā IntroducingĀ Mavis Hub: GreenlightĀ on their desktop app, which helps game developers share early versions of their Axie games with the community by way of a gamified voting process.

https://nftplazas.com/mavis-hub-axie-games/

DECENTRALAND — 8.8:Ā FinalĀ Bidding & tendering flow governance proposalĀ in which community members can submit bid proposals for funding. More details in DCL’sĀ Discord…plus view theĀ demo.

8.9:Ā Smart wearablesĀ andĀ portable experiencesĀ are now live in Decentraland.

https://decentraland.org/blog/announcements/smart-wearables-and-portable-experiences

8.10:Ā The Foundation’s UX team is invitingĀ feedbackĀ from the community.

ONCYBER — 8.9:Ā OnCyber introducedĀ World Builder, in-browser DIY tools for building immersive experiences around your NFTs.

THE SANDBOX — 8.8: TSB is introducing an in-house solution utilising EIP-2981 to redistribute secondary market royalties to the original NFT creators on Polygon. Read theĀ thread.

8.9:Ā TSB has brought back itsĀ Ethereum<>Polygon LAND bridge. Bridge your LAND to Polygon toĀ stake your LAND and SAND on OneLandĀ at rates much higher than you can achieve directly via TSB.

HYTOPIA — 8.10:Ā Hytopia Chain MainnetĀ Sneak Peak

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šŸ‘¬ Partnerships

THE SANDBOX x D.OASIS- 8.7: Asian Metaverse City D.OASIS will create D.OASIS City in The Sandbox. The meta-experience will incorporate a star-studded line-up of brands & celebrities incl. Warrix Sports, Dhurakij Pundit University, Index Creative Village, Eventpass & Prakit advertising.


OneLandĀ is a MetaHub — providing metaverse data & analytics, a Land NFT marketplace, LandFi tools & Metaverse MediaHub. Our mission is to make it easy for you to discover, access, stay tuned to, research & invest in the metaverse projects you love most.

https://oneland.world/

Connect with us onĀ TwitterĀ &Ā Discord.