# Metaverse Weekly Wrap-Up: Aug 7-13 By [OneLand](https://paragraph.com/@oneland) · 2023-08-14 --- _Market Data | Market News | Twitter Spaces & Project Streams | Project Updates | Partnerships_ * * * 💹 **Market Data** ------------------ [_Stake your TheSandbox LAND & earn 3.37%\* APY. Stake your $SAND & earn 9.4%\* APY_](https://oneland.world/#/defi) (\*14.7.2023) [7-day data](https://oneland.world/#/main) shows VRE market cap for the 10 projects on [OneLand](https://oneland.world/#/main) 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)](https://storage.googleapis.com/papyrus_images/df7dfb9442a14927cac7877a1801d9c9ebcdefcf369743c8b8b707ccdfe95193.png) Meta Rankings — VRE Market Cap (7D) This week saw recovering trade volume for the [Otherside](https://oneland.world/#/main/otherside?selectkey=tradeAnalytics) (+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](https://oneland.world/#/main) reach the fiery heights of 91.4. ![Trade Plots — Otherside (7D)](https://storage.googleapis.com/papyrus_images/0931f1a3d0995f9b7eb2bc0d45dd41b2234dc0a552b526cca5da761a4f56e9b8.png) 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](https://oneland.world/#/main/otherside), down for a 9th straight week, while the number of sales (-49.6%) was also down. ![Metaverse Heat Index (7D)](https://storage.googleapis.com/papyrus_images/579c9840921379e9b2e2716a47e4b28d6e343850ddc1d10256f80c427e883b27.png) Metaverse Heat Index (7D) This, plus a 7-day comeback in trading action (+51.5%) at [The Sandbox](https://oneland.world/#/main/sandbox?selectkey=tradeAnalytics) (as a Premium LAND sold for [12.55 ETH](https://polygonscan.com/nft/0x9d305a42a3975ee4c1c57555bed5919889dce63f/159243), 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%](https://nftgo.io/analytics/market-overview). ![Meta Rankings — VRE Trading Volume (7D)](https://storage.googleapis.com/papyrus_images/ecf369f213a42ac6cb552a9dec981bc247c23e825ffe64615d83f4f366df4993.png) Meta Rankings — VRE Trading Volume (7D) Over at [BYOPills](https://oneland.world/#/main/byopills?selectkey=tradeAnalytics), 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](https://oneland.world/#/main/byopills?selectkey=tradeAnalytics) cap which rose for its first time in 2 months. Meanwhile, [Somnium Space](https://oneland.world/#/main/somniumspace?selectkey=tradeAnalytics) experienced a comedown last week after a bustling previous 7 days of hype surrounding its [v3 release](https://twitter.com/SomniumSpace/status/1685617777954922497?s=20), 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_](https://medium.com/@oneland/stake-your-sandbox-land-with-oneland-406a91821bcd) (it’s simple!) * * * **🗞️ Market News** =================== [Kenyan authorities raid Worldcoin warehouse in Nairobi under search warrant](https://cryptoslate.com/kenyan-authorities-raid-worldcoin-warehouse-in-nairobi-under-search-warrant/) 8.7 [PayPal unveils new stablecoin $PYUSD](https://twitter.com/PayPal/status/1688552795278872576?s=20) / [Bigger News than a BTC ETF?](https://blockworks.co/news/paypal-stablecoin-bitcoin-etf) 8.8 [500+ Positions Currently Open in the Metaverse](https://metanews.com/metaverse-job-opportunities-with-500-positions-currently-open/) 8.9 [India proposes AI-powered conversational payments system — RBI](https://cointelegraph.com/news/india-proposes-ai-powered-conversational-payments-system-rbi?utm_source=substack&utm_medium=email) 8.10 * * * **🌄 Sales & Mints** ==================== **ILLUVIUM — 8.15:** [Illuvium:Beyond Wave 2 Sale](https://illuvium.io/news/the-ultimate-preparation-guide-for-illuvium-beyond?utm_medium=email&_hsmi=269286850&utm_content=269286850&utm_source=hs_email) 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](https://illuvium.io/news/the-ultimate-preparation-guide-for-illuvium-beyond?utm_medium=email&_hsmi=269286850&utm_content=269286850&utm_source=hs_email) * * * **🔈 Catch up on this week’s Twitter Spaces & Project Streams** --------------------------------------------------------------- **HYTOPIA:** [New Sneak Peaks & Designs/ Upcoming Mainnet/ Creators Events](https://twitter.com/HYTOPIAgg/status/1689699083601264640?s=20) **OTHERSIDE:** [The Yugaverse is Expanding](https://twitter.com/OTHERspaceFM/status/1689019434667741184?s=20) hosted by OTHERspace **SOMNIUM SPACE LIVE:** [Immersed Minds AI Discussion](https://twitter.com/SomniumSpace/status/1690094629260263425) / [Building #WebWORLDs from scratch](https://twitter.com/SomniumSpace/status/1690035155279523840) * * * **🛠️ Project Updates** ======================= **AXIE INFINITY — 8.8:** Introducing [Mavis Hub: Greenlight](https://blog.axieinfinity.com/p/introducing-mavis-hub-greenlight?utm_source=substack&utm_medium=email) 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/](https://nftplazas.com/mavis-hub-axie-games/) **DECENTRALAND — 8.8:** Final [Bidding & tendering flow governance proposal](https://governance.decentraland.org/proposal/?id=bb921ab0-abdd-11ed-8dfe-4ff0ad4dfd32+%2F) in which community members can submit bid proposals for funding. More details in DCL’s [Discord](https://discord.com/channels/932843567934750800/940870931805515827/1138200699042271283)…plus view the [demo](https://drive.google.com/file/d/15gArMURtysKcIFXsErxkRHP9DIXHB6e4/view). **8.9:** [Smart wearables](https://docs.decentraland.org/creator/development-guide/sdk7/smart-wearables/) and [portable experiences](https://docs.decentraland.org/creator/development-guide/sdk7/portable-experiences/) are now live in Decentraland. [https://decentraland.org/blog/announcements/smart-wearables-and-portable-experiences](https://decentraland.org/blog/announcements/smart-wearables-and-portable-experiences) **8.10:** The Foundation’s UX team is inviting [feedback](https://forms.gle/nN8MJ9VnPh5YZf9QA) from the community. **ONCYBER — 8.9:** OnCyber introduced [World Builder](https://oncyber.io/studio?utm_source=twitter&utm_medium=&utm_campaign=&utm_content=ap_3ji5b0vamb), 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 the [thread](https://twitter.com/TheSandboxGame/status/1689204181226127361?s=20). **8.9:** TSB has brought back its [Ethereum<>Polygon LAND bridge](https://twitter.com/thesandboxgame/status/1688984307564478464?s=43&t=nkiHk8EPrghM_MuO5dONmA). Bridge your LAND to Polygon to [stake your LAND and SAND on OneLand](https://mirror.xyz/0xD76A24Dc093ee91F7dF54781c6B78C334a2502A8/rbDtJHm-y4gqRmNGMxmsOfZ3faFkdd_nxxQtObrQKcE) at rates much higher than you can achieve directly via TSB. **HYTOPIA — 8.10:** Hytopia Chain Mainnet [Sneak Peak](https://twitter.com/HYTOPIAgg/status/1689478951977267201?s=20) ![](https://storage.googleapis.com/papyrus_images/7f97d45bb0e50c936868d7b6320ce5f2c11208a0600a88c638278d6ece20b311.png) * * * **👬 Partnerships** =================== **THE SANDBOX x D.OASIS- 8.7**: Asian Metaverse City [D.OASIS](https://t.co/MsYjSi9XIl) will create [D.OASIS City](https://sandboxgame.medium.com/the-sandbox-and-d-oasis-unite-to-create-d-oasis-city-999c3a9acfd9) in The Sandbox. The meta-experience will incorporate a star-studded line-up of brands & celebrities incl. [Warrix Sports](https://www.facebook.com/warrixthailand), [Dhurakij Pundit University](https://www.facebook.com/dpu.ac.th), [Index Creative Village](https://www.facebook.com/IndexCreative), [Eventpass](https://www.facebook.com/EventPassfanpage) & [Prakit advertising](https://www.facebook.com/PrakitHoldings). * * * [_OneLand_](http://oneland.world/) _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/](https://oneland.world/) _Connect with us on_ [_Twitter_](https://twitter.com/OneLand_World) _&_ [_Discord_](https://discord.com/invite/dkS9NxQb3P)_._ --- *Originally published on [OneLand](https://paragraph.com/@oneland/metaverse-weekly-wrap-up-aug-7-13)*