# Metaverse Weekly Wrap-Up: Feb 27-Mar 5 

By [OneLand](https://paragraph.com/@oneland) · 2023-03-06

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

Highlights:
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*   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_](https://discord.gg/QyPYxAYe?event=1082179819627872326) into our weekly data and a few interesting highlights.

![Meta Rankings — Market Cap (7D)](https://storage.googleapis.com/papyrus_images/4af9dfa2d95bcd4c74d124262e9f6e1c2e2cad3195dd75863c0726f7f2c5522c.png)

Meta Rankings — Market Cap (7D)

OneLand [7-day data](https://oneland.world/#/main) 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%](https://coinmarketcap.com/charts/)), with SAND -13.9% and MANA -12.1%.

![Top Weekly Performer & Metaverse Heat Index (7D)](https://storage.googleapis.com/papyrus_images/acbe68b821cf829e7924f8f743ac8f63f751c2771adff737f3e61fba3046fe99.png)

Top Weekly Performer & Metaverse Heat Index (7D)

**Context:**

*   Though the average prices was up at [Decentraland](https://oneland.world/#/main/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](https://oneland.world/#/main/somniumspace) 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](https://oneland.world/#/main/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
    

![Market Cap & Volume (YTD) — Otherside](https://storage.googleapis.com/papyrus_images/c1bc90a4fab9acc3f5e178164babdbc5a1d9b386d0edede600d7618425c17b60.png)

Market Cap & Volume (YTD) — Otherside

**Highlight:** [Otherside](https://oneland.world/#/main/otherside?selectkey=tradeAnalytics)

Excitement in the [Otherside](https://oneland.world/#/main/otherside?selectkey=tradeAnalytics) 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](https://twitter.com/i/spaces/1mrGmkgVmYzxy?s=20), [OtherSpaceFM](https://twitter.com/i/spaces/1ynKOajvLbkJR?s=20) and [OtherGuild](https://twitter.com/i/spaces/1mnGeREWWaEJX?s=20) 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](https://nftplazas.com/gamers-spend-huge-sums-to-cheat-yuga-labs-dookey-dash/), their acquisition of [10KTF](https://nftplazas.com/yuga-labs-acquires-beeples-10ktf-collection/), and the recent launch of Bitcoin-based Ordinals NFT collection [TwelveFold](https://nftplazas.com/yuga-labs-twelvefold/).

Though volumes (-33.3%) and sales (-41.8%) were down this week in line with other projects, [Otherdeeds’](https://oneland.world/#/main/otherside?selectkey=tradeAnalytics) 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.

![Market Cap & Volume (YTD) — Otherside](https://storage.googleapis.com/papyrus_images/c1bc90a4fab9acc3f5e178164babdbc5a1d9b386d0edede600d7618425c17b60.png)

Market Cap & Volume (YTD) — Otherside

_For explanations of our data calculations, check_

[https://docs.oneland.world/](https://docs.oneland.world/)

_For comprehensive metaverse market and project data, check_ [_oneland.world_](https://oneland.world/#/main).

_Join us Tuesdays at 5am UTC (that’s Paris 6am, Beijing 1pm, Sydney 4pm) for a_ [Metaverse Data Dive](https://discord.com/invite/dnjZCC6W?event=1082179819627872326)_. In the process, we’ll show you how easy it is to navigate_ [oneland.world](https://oneland.world/) and hone in on the data you want.

🗞️ MARKET NEWS
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**DECENTRALAND — _Feb 27_:** Decentraland revealed the [schedule, lineup, plus previews](https://decentraland.org/blog/announcements/tradition-and-innovation-collide-decentraland-metaverse-fashion-week-2023) — not to mention the [official trailer video](https://www.youtube.com/watch?v=fj5Te3rOxf0)! (feat. supermodel [Tangpoko](https://twitter.com/tangpoko)) — for this year’s Metaverse Fashion Week — themed Future Heritage — happening Mar 28–31.

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=fj5Te3rOxf0)

**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.

[https://www.kitco.com/news/2023-02-27/Large-Japanese-firms-to-develop-the-Japan-Metaverse-Economic-Zone.html?utm\_source=substack&utm\_medium=email](https://www.kitco.com/news/2023-02-27/Large-Japanese-firms-to-develop-the-Japan-Metaverse-Economic-Zone.html?utm_source=substack&utm_medium=email)

**YUGA LABS — _Feb 28_:** Yuga Labs is [launching ‘TwelveFold’](https://news.bitcoin.com/bitcoin-based-nfts-cross-200000-ordinal-inscriptions-yuga-labs-launches-twelvefold-collection/), a 300-piece Ordinals NFT collection of randomly generated ‘bubbles’ inscribed on Satoshis living on the Bitcoin blockchain.

**ILLUVIUM — _Feb 28_:** IlluviumDAO [voted](https://www.theblock.co/post/215647/illuvium-dao-voting-to-nix-game-with-su-zhu-to-avoid-scam-by-association?utm_source=coinmarketcap&utm_medium=rss) 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](https://assetstore.unity.com/decentralization) category in its Asset Store with 13 Web3 tools and protocols (incl. [Metamask](https://substack.com/redirect/f2f32e4a-d085-41a1-b2b1-1e6105e1f393?j=eyJ1IjoiMW40ZGhyIn0.UX0c442-0bO6rnbGvxP3k53QE658zvIIEborFwuqUmc), Immutable X, Solana…) for devs to integrate in their video games.

[https://investors.unity.com/news/news-details/2023/Unity-Introduces-New-Asset-Store-Category-for-Decentralized-Technologies-in-Gaming/default.aspx?utm\_source=substack&utm\_medium=email](https://investors.unity.com/news/news-details/2023/Unity-Introduces-New-Asset-Store-Category-for-Decentralized-Technologies-in-Gaming/default.aspx?utm_source=substack&utm_medium=email)

**MultiversX — _Mar 1_:** Tech startup MultiversX has launched its [PortalX](https://www.coindesk.com/web3/2023/02/28/tech-startup-multiversx-launches-web3-super-app-with-finance-social-features/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) “super app”, offering encrypted messaging, tradfi and crypto payment tools, investment tracking and a portal for Web3 apps and metaverse experiences.

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=cYwfrMlBVG0)

**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.

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=ilrL1Qn_ZI0)

🌄 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.

[https://www.upland.me/events/upland-sale-supports-emergency-earthquake-relief-efforts](https://www.upland.me/events/upland-sale-supports-emergency-earthquake-relief-efforts)

**VOXELS — _Mar 2_:** For Women’s History Month, Voxels is supporting NYC fine artist Jessica Yatrofsky with her XX GEN [drop](https://opensea.io/collection/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](https://twitter.com/TheSandboxGame/status/1631628180195770369) 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.

[https://illuvium.io/news/the-ultimate-preparation-guide-for-illuvium-beyond-launching-on-march-7th](https://illuvium.io/news/the-ultimate-preparation-guide-for-illuvium-beyond-launching-on-march-7th)

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**](https://twitter.com/Worldwide_WEB3/status/1631719603188506639?s=20) event at [Ethereum Denver 2023](https://www.ethdenver.com/).

**DECENTRALAND** **_— Feb 28:_** MetaParty ran a [**Community Fashion Show**](https://www.youtube.com/watch?v=LHyK6PRXhdE) 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**](https://events.decentraland.org/event/?id=56a46459-03ce-4988-9885-d16a80586185) and breathtaking Arabian desert landscape. The first 100 to take the ride win an exclusive wearable, a key to future experiences.

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=RT4E_rTIF8Q)

**THE LOST WALLET — _Mar 1_:** The Lost Wallet launched its 24-week interoperable [**Treasure Hunt**](https://twitter.com/The_Lost_Wallet/status/1630704524175241217?s=20) 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](https://twitter.com/OLYsounds) and [HotzHouse](http://imblakehotz/) ran the “turntables” at a Full Body Tracking Edition [**Disco Night**](https://www.youtube.com/watch?v=quBgrC2vje8) at GenesisVR Tron Club.

![](https://storage.googleapis.com/papyrus_images/7e1a55b7203ab1395e5c1864e2dbe6d5ff5f3cdfbedfa8438bbad3b66c58d167.png)

**ILLUVIUM — _Mar 7_:** Join the community for the [Illuvium: Beyond Launch Party](https://illuvium.io/news/illuvium-beyond-launch-party-join-the-celebration-on-march-7th?utm_medium=email&_hsmi=248820519&utm_content=248820519&utm_source=hs_email), 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](http://illuvidex.illuvium.io/illuvitars-sale).

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=0lzXEkr2L9E)

**VOXELS — _Mar 5_:** [States of the Metaverse](https://www.searchlight.art/states-of-the-m3taverse) exhibit launched at the SearchLight.Art Gallery in Voxels. [Enter](https://www.voxels.com/play?coords=E@925E,996N,0.5F).

![](https://storage.googleapis.com/papyrus_images/08cf3f8e9bbbbdaea41a94b16fe4ce4264605db4164de29cd2e7317331b59ed1.png)

**_Upcoming — Mar 8_:** Bitpixi’s Bar will hold a [Minting Party](https://twitter.com/cryptovoxels/status/1631035708109365248?s=20) for Jessica Yatrofsky’s XX GEN drop — feat. live music by [PurpLeTariat](https://twitter.com/Tipyourdjdoteth) — 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](https://www.sandbox.game/en/season/contests/) 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](https://twitter.com/i/spaces/1gqGvyqBDQOKB?s=20)

**CIVITAS:** [Web3 Gaming](https://twitter.com/i/spaces/1kvJpmnArzmxE/peek)

**DECENTRALAND:** [WearableWednesday](https://twitter.com/i/spaces/1nAJErVgoAoxL?s=20) feat. [SUPERNINA](https://twitter.com/superninaglow) & [Kay | Digital Fashion](https://twitter.com/Kay_DF_)

**DECRYPT:** [Neal Stephenson Maps Out the Metaverse](https://open.spotify.com/episode/5Hb6wIG4PaC7hbCOxyozfJ)

**NFT WORLDS:** [Weekly WRLD — Open Floor w/ @allyourlootnews](https://twitter.com/i/spaces/1vAGRAbjYyXKl)

**OTHERSIDE:** [News and Speculation](https://twitter.com/i/spaces/1mrGmkgVmYzxy?s=20) hosted by @NFTea, feat. @OTHERSpaceFM

**OVR THE REALITY:** [¡TODO SOBRE MAP2EARN! ¡REALIDAD AUMENTADA PRECISA!](https://www.youtube.com/watch?v=WF_l49oTY3M)

**SOMNIUM SPACE:** [Competitive Game Hub Event](https://twitter.com/i/broadcasts/1DXxyvyzyknKM) 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.

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=8S8MgpTFGDc)

**DECENTRALAND — _Mar 3_:** Creators can now add the [#MVFW23 tag](https://twitter.com/decentraland/status/1631411098070192128) to their runway-ready items in the Builder.

The Marketplace was also [updated](https://twitter.com/decentraland/status/1631548849285369858) 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](https://discord.com/channels/889939924655169616/1009268653860065360/1079984793091067944) to its game client, as well as upcoming second lootbox and [unboxing](https://nftworlds.com/unbox) experience, and the Armory which, “all going smoothly”, will be released the second week of March. Check out a demo of the Armory [here](https://twitter.com/nftworldsNFT/status/1631757603528400899?s=20).

**_Feb 28:_** The team also [announced](https://twitter.com/nftworldsNFT/status/1630353466509103105?s=20) that Twitter, Discord & Google social logins are on the way.

**TREEVERSE — _Feb 28_:** Treeverse released its [Monthly Update](https://endlessclouds.substack.com/p/monthly-treeverse-update-15?utm_source=substack&utm_medium=email). 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.

[https://endlessclouds.substack.com/p/monthly-treeverse-update-15?utm\_source=substack&utm\_medium=email](https://endlessclouds.substack.com/p/monthly-treeverse-update-15?utm_source=substack&utm_medium=email)

**YUGA LABS — _Feb 28_:** YugaLabs cofounder Greg Solano shared the **Otherside roadmap** and lessons learned from **DookeyDash**, and @harryforj tweeted an excellent [summary](https://twitter.com/harry_forj/status/1630379840451821569?s=20) 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](http://bit.ly/3EFMrzM), 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.

[https://t.co/FMKXNm1SId](https://t.co/FMKXNm1SId)

**WORLDWIDE WEBB <> SPOTIFY — _Feb 28_:** Worldwide Webb is bringing a new music experience into virtual gaming spaces after [announcing](https://twitter.com/WebbEmotional/status/1630620536320540681?s=20) an integration with Spotify.

**METAFLUENCE <> PARMA CALCIO 1913 _— Feb 28_**: Metafluence [partnered](https://twitter.com/metafluence/status/1630591255460683777?s=20) 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_](https://oneland.world/#/main):

[https://oneland.world/](https://oneland.world/)

Twitter: [_@OneLand\_World_](https://twitter.com/OneLand_World)

Discord: [_OneLand_](https://discord.com/invite/dkS9NxQb3P)

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*Originally published on [OneLand](https://paragraph.com/@oneland/metaverse-weekly-wrap-up-feb-27-mar-5)*
