# Metaverse Weekly Wrap-Up: July 10-16

By [OneLand](https://paragraph.com/@oneland) · 2023-07-17

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**💹 MARKET DATA**

[_Stake your TheSandbox LAND & earn 4.22%\* APY. Stake your $SAND & earn 11.14%\* APY_](https://oneland.world/#/defi) _(\*7.17.2023)_

[OneLand 7-day data](https://oneland.world/#/main) shows VRE cap for the 10 listed projects down again (-0.1%) for an 8th straight week to 695,728 ETH (or $1.338 billion). ETH rose 3.24% to $1,923.69, as XRP fired a crypto rally.

![Meta Rankings - VRE Market Cap (7D)](https://storage.googleapis.com/papyrus_images/5a033d9cba872df6396d61e6100db9d2b02cb192b4c2c182f8bf9dcc02920a8a.png)

Meta Rankings - VRE Market Cap (7D)

Meanwhile, [global NFT cap](https://nftgo.io/analytics/market-overview) actually rose this week for the first time since May, up 3.12% to 3.3m ETH (or $6.34bn, +5.14%), though [volumes](https://nftgo.io/analytics/market-overview) crashed 42.8%.

![Meta Rankings - Trading Volume (7D)](https://storage.googleapis.com/papyrus_images/3639093747f67ac5319b0bfd7c91c2520e3e8970eb85332b3b7193343c38fef6.png)

Meta Rankings - Trading Volume (7D)

LAND sales at [The Sandbox](https://oneland.world/#/main/sandbox?selectkey=tradeAnalytics) exploded this week on the launch of its [Infinite Pulse LAND Sale](https://register.sandbox.game/infinite-pulse?utm_source=thesandboxtwitter&utm_campaign=infinitepulse&utm_medium=_5651876&gsid=1ee1e604eec76a4a8918625a50d5183e&gsc=1) Friday. 886 individual LAND trades boosted 7D volume by 383.31% to 273.94 ETH, firing OneLand’s [Metaverse Heat Index](https://oneland.world/#/main) into the red zone.

However, seemingly ever-decreasing prices weathered any potential increase in LAND cap, up by a miniscule 0.33%, its first weekly increase since late May.

![Top Weekly Performer by Average Price  / MV Heat Index (7D)](https://storage.googleapis.com/papyrus_images/80035ae3dac5257c69a2735f0dec87260c4bd5fc9f15227270587ee0150ff50a.png)

Top Weekly Performer by Average Price  / MV Heat Index (7D)

If you believe in the potential of [The Sandbox](https://oneland.world/#/main/sandbox?selectkey=tradeAnalytics)  - which just dropped notice that LAND-owner experiences will go live before the EOTY (see **Market News** & **Project Updates** below) - then it might be an idea to start taking a closeful watch.

[Somnium Space](https://oneland.world/#/main/somniumspace?selectkey=tradeAnalytics)’s volume rose significantly last week, once [Plot 5089](https://etherscan.io/nft/0x913ae503153d9a335398d0785ba60a2d63ddb4e2/5089) - a limited-edition plot containing a teleportation hub - traded hands for 6.0 ETH.

Most other projects’ 7D volumes were stable at best, though most suffered steep falls. [Decentraland](https://oneland.world/#/main/decentraland?selectkey=tradeAnalytics), on the cusp of its Metaverse Art Week, raked in a miserly 7.9 ETH (-68.3%), though land cap rose for a 4th week.

For its part, trading volume of [Otherdeeds](https://oneland.world/#/main/otherside) (-43% at 234.3 ETH) retracted once more to a mere third of what it was pulling in 2 months back.

Meanwhile, [BYOLands](https://oneland.world/#/main/byopills?selectkey=tradeAnalytics) volume slumped 74.7% on the back of just 5 trades. We won’t have long to wait and see, though, if the launch of their long-anticipated BYORacer game (see **Project Updates**, below) will impels any revival or not.

_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!)_

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**🗞️ MARKET NEWS**

[https://coinmarketcap.com/alexandria/article/xrp-surges-after-ripples-partial-win-against-sec?utm\_source=coinmarketcap&utm\_medium=email&utm\_campaign=dailynewsletter&utm\_content=en&utm\_term=newslinks](https://coinmarketcap.com/alexandria/article/xrp-surges-after-ripples-partial-win-against-sec?utm_source=coinmarketcap&utm_medium=email&utm_campaign=dailynewsletter&utm_content=en&utm_term=newslinks)

[https://www.reuters.com/technology/vestager-says-no-concerns-about-metaverse-sees-no-regulation-yet-2023-07-06/](https://www.reuters.com/technology/vestager-says-no-concerns-about-metaverse-sees-no-regulation-yet-2023-07-06/)

[https://www.scmp.com/yp/discover/news/hong-kong/article/3227270/school-future-hkust-students-use-metaverse-design-what-university-campus-might-look-2050](https://www.scmp.com/yp/discover/news/hong-kong/article/3227270/school-future-hkust-students-use-metaverse-design-what-university-campus-might-look-2050)

[https://x.ai/?utm\_source=substack&utm\_medium=email](https://x.ai/?utm_source=substack&utm_medium=email)

[https://sandboxgame.medium.com/the-metaverse-is-starting-to-open-cd0889916557](https://sandboxgame.medium.com/the-metaverse-is-starting-to-open-cd0889916557)

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

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**🌄 SALES & MINTS**

**VOXELS - 7.10:** Voxels [transferred](https://twitter.com/cryptovoxels/status/1678205825255440386?s=61&t=wRm7vGv3vx0gjW5en6RtbQ) all of its parcels on [Chronos Island](https://www.voxels.com/islands/chronos) to a builder.

**TREEVERSE - 7.12:** Treeverse [released](https://twitter.com/thetreeverse/status/1679196135452180494?s=61&t=q0N24ObNbAnptLyPmnGJ3g) a Soulbound Token for the 114 players who participated in its Pre-Alpha.

**THE SANDBOX - 7.14-18:** Music-Inspired [Infinite Pulse LAND Sale](https://register.sandbox.game/infinite-pulse?utm_source=thesandboxtwitter&utm_campaign=infinitepulse&utm_medium=_5651876&gsid=1ee1e604eec76a4a8918625a50d5183e&gsc=1). Raffle results were announced July 14. 2nd-chance auctions run July 18-20.

**7.12:** POC avatar welcome list Mint 2 [opened](https://www.sandbox.game/avatar-collections/the-unity-squad/) for The Sandbox LAND & avatar holders.

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**🎪 EVENTS, CONTESTS & GIVEAWAYS 🏅**

**_Events_**

**BYTE CITY — 7.20:** [Bruce Lee immersive event](https://www.byte.city/brucelee/index.html)! Celebrating the 50th anniversary of his passing.

**DECENTRALAND — 7.19–23:** [Metaverse Art Week 2023](https://decentraland.org/blog/announcements/metaverse-art-week-2023-the-metaverse-is-dead-long-live-the-metaverse) returns to Decentraland for its 4th edition, celebrating the “death of the Metaverse” as we know it!

[https://jingculturecrypto.com/the-metaverse-reimagined-art-week-2023-returns-to-decentraland/](https://jingculturecrypto.com/the-metaverse-reimagined-art-week-2023-returns-to-decentraland/)

Highlighting works of 60+ indie artists with immersive exhibitions, virtual installations, talks, tours, themed parties… [Check the schedule.](https://decentraland.org/blog/announcements/metaverse-art-week-2023-the-metaverse-is-dead-long-live-the-metaverse)

**THE SANDBOX — 7.20–21:** TSB is hosting/co-hosting a number of [events in Paris](https://twitter.com/thesandboxgame/status/1679173909856555010?s=61&t=q0N24ObNbAnptLyPmnGJ3g) as part of this year’s annual [Ethereum Community Conference](https://t.co/9jXqIuLXYy).

**_Contests_**

**AXIE INFINITY — 7.15–17:** Buy-in Origins Tournament — 200 free-entry slots for Season 4’s top players, 312 open for [buy-in](https://support.axieinfinity.com/hc/en-us/requests/new?ticket_form_id=16946815594267) for 1 AXS. First in, first served. Final will be live-streamed July 16 on Twitch. [More info!](https://blog.axieinfinity.com/p/youre-invited-season-5-buy-in-brawl?utm_source=substack&utm_medium=email)

![](https://storage.googleapis.com/papyrus_images/946bf81e23ffa2286ecb45408ede33c1050ffb8cef69f944b1baf4ddb18a8174.png)

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**🔈 _Catch up on this week’s Twitter Spaces, Project Streams & Interviews_**

**EMBER SWORD:** [#1 Dev Stream - Level Design & Biomes](https://www.twitch.tv/videos/1869918163)

**SOMNIUM SPACE LIVE:** [Weekly VR Builder Session](https://twitter.com/SomniumSpace/status/1679884729963941889?s=20)

**TARAXA x ONELAND:** [Decentralisation Beyond Finance](https://twitter.com/taraxa_project/status/1679495828833017856?s=20)\*

**TOPIA TALKS:** [Gaming Roundtable](https://twitter.com/TOPIAgg/status/1678467803547062272?s=20) - LP staking launch, TOPIA chain, MetaFab & more.

_\* OneLand favourite_

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**🛠️ PROJECT UPDATES**

**BYOPILLS - 7.16:** Launch of early access phase of the [BYORacer: Sons of Valkyrie](https://discord.com/channels/932843567934750800/1024263418569572412/1130263173614801037) mobile game.

Feat. time-trial, multiplayer, tiered leaderboards, generated obstacles, BYOCraft & Apostle multipliers, and community battles. Later, expect a full-on multiplayer mode with power-ups, VYBE score boosts & TRYP tempest levels.

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=N8RPddiV8tc)

**THE SANDBOX - 7.13:** LANDowners can now [submit](https://forms.monday.com/forms/embed/275687a971154241061d4fe939b6fa9a?r=use1) their experiences for early launch approval, and start publishing their own experience page to build their communities.

With LANDowners set to be able to [launch their experiences](http://notice) by the end of the year, have a look at some of the experiences already being created:

[https://sandboxgame.medium.com/bringing-you-brand-new-ugc-powered-experiences-bc2fe13f8ad1](https://sandboxgame.medium.com/bringing-you-brand-new-ugc-powered-experiences-bc2fe13f8ad1)

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**👬 PARTNERSHIPS**

**THE SANDBOX x  BEATPORT - 7.10:** Thriving electro music & DJ community [Beatport](https://t.co/RjnufnxaMw) is coming to The Sandbox as part of the [Infinite Pulse LAND Sale](https://register.sandbox.game/infinite-pulse?utm_source=thesandboxtwitter&utm_campaign=infinitepulse&utm_medium=_5651876&gsid=1ee1e604eec76a4a8918625a50d5183e&gsc=1).

**SATLANTIS x ZEBEDEE - 7.11:** The Satlantis Minecraft server [teamed up](https://twitter.com/zebedeeio/status/1678434051827351560?s=20) with payments startup [Zebedee](https://zebedee.io/pricing) to give out Bitcoin for playing Minecraft.

![](https://storage.googleapis.com/papyrus_images/4c2fc004c083f205b9d4ad16a9c6755da5ed92b7d7cd32278a41fa55360bf18b.png)

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_Plus…stay tuned for our upcoming series of articles on_ **_‘How to gain more value from your virtual land’_** _&_ **_‘What’s the value of my virtual land?’_**

[_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)_._

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*Originally published on [OneLand](https://paragraph.com/@oneland/metaverse-weekly-wrap-up-july-10-16)*