# Metaverse Weekly Wrap-Up | July 17-23

By [OneLand](https://paragraph.com/@oneland) · 2023-07-25

---

**💹 MARKET DATA**

[_Stake your TheSandbox LAND & earn 3.5%\* APY. Stake your $SAND & earn 9.31%\* APY_](https://oneland.world/#/defi) _(\*7.24.2023)_

[OneLand 7-day data](https://oneland.world/#/main) shows VRE market cap for the 10 projects down for a 9th straight week, this time by 1.33% to 682,632 ETH. ETH’s price dipped 1.81% to $1,888.81.

Meanwhile, aggregate [trading volume](https://oneland.world/#/main) fell by 32.5%. [Decentraland](https://oneland.world/#/main/sandbox?selectkey=tradeAnalytics), [TOPIA](https://oneland.world/#/main/topia?selectkey=basicInfo), [Arcade](https://oneland.world/#/main/arcadeland) and [Treeverse](https://oneland.world/#/main/treeverse) were all down, reflecting [global NFT sales](https://nftgo.io/analytics/market-overview) that overall slid another 8.53% to just half the value it was 2 months ago.

![Metaverse 7D Data Snapshot | July 17-23](https://storage.googleapis.com/papyrus_images/02d4cfbc3aeeec9e0e00aa36f2f3b6181e46471cbda31e779de26184e6f8be06.png)

Metaverse 7D Data Snapshot | July 17-23

While all of the hype and trading of “NFTs” continues its downward slide, true longstanding projects with vision occasionally rear their crazy heads. As its founder [clearly knows](https://twitter.com/cryptovoxels/status/1683308322768957440?s=20), [Voxels](https://oneland.world/#/main/cryptovoxel?selectkey=tradeAnalytics) endures. Last week’s sales and volume of land parcels in the [Voxels](https://oneland.world/#/main/cryptovoxel?selectkey=tradeAnalytics) metaverse roared northwards, up 416% and 375% respectively, and included a [top sale in 3 months](https://etherscan.io/tx/0x56a708020f9d0d7e9eb2d065a29886a3d9e717711f8505256b7a881d5395b652).

![Trading of land parcels in Voxels picked up some slack. ](https://storage.googleapis.com/papyrus_images/9bff504e24d31e24e39ca5c7bbbef0d515a6cd71f49268962e65fe79f1bed59a.png)

Trading of land parcels in Voxels picked up some slack.

Meanwhile, [Worldwide Webb](https://oneland.world/#/main/worldwideweb3?selectkey=tradeAnalytics) might just be taking a well-deserved break from social media, scarce this month save for one great Independence Day [thread](https://twitter.com/Worldwide_WEB3/status/1675893642786119680?s=20) outlining the roadmap ahead, and the work they are getting down and busy with in the (positive) aftermath of a recent $10m cash injection from Pantera Capital.

![Trading of Apartments in Worldwide Webb has slowed since some recent mini-spikes. ](https://storage.googleapis.com/papyrus_images/7861314a1df3bac8241084f4bd8b453b87345d001386a080f4dc9e95a7665707.png)

Trading of Apartments in Worldwide Webb has slowed since some recent mini-spikes.

Most metrics continue to fall from its last brief uptrend in early June, 7-day sales volume of Apartments falling steeply (-52.3%) for a 2nd straight week. OneLand still notes [Worldwide Webb](https://webb.game/) as a Web3 metaverse to watch for all the right reasons, as our previous article [makes clear](https://medium.com/blockchain-biz/worldwide-webb-7b177fd6a2b2).

Over at [BYOPills](https://oneland.world/#/main/byopills), and volume of [BYOLands](https://oneland.world/#/main/byopills?selectkey=tradeAnalytics) enjoyed a minimal turnaround (+37.7%) from the previous 7 days, following the first release of their [BYORacer game](https://discord.com/channels/932843567934750800/1024263418569572412/1130263173614801037), though it was obviously a different story for the [BYOCrafts](https://opensea.io/collection/byocraft/analytics) themselves, sales and volume of the NFTs rising 182% and 319% respectively.

* * *

**🗞️ MARKET NEWS**

[China to Train 10,000 Engineers on Blockchain, AI, and Big Data](https://tokenist.com/china-to-train-10000-engineers-on-blockchain-ai-and-big-data/?utm_source=newsletter.dailyralpha.com&utm_medium=newsletter&utm_campaign=the-daily-ralpha-7-18-23-537)

[Bank of America Is Using AI and Metaverse to Train New Hires](https://www.bloomberg.com/news/articles/2023-07-13/bank-of-america-is-using-the-metaverse-ai-to-train-its-hires?utm_source=substack&utm_medium=email#xj4y7vzkg)

[RFK Jr. vows to back US dollar with Bitcoin / Santos to ban CBDCs](https://cointelegraph.com/news/rfk-jr-will-back-us-dollar-with-bitcoin-if-president)

[Binance Successfully Integrated Bitcoin Layer-2 Lightning Network](https://coinmarketcap.com/alexandria/article/binance-successfully-integrated-bitcoin-layer-2-lightning-network?utm_source=coinmarketcap&utm_medium=email&utm_campaign=dailynewsletter&utm_content=en&utm_term=newslinks)

[BlackRock’s Spot Bitcoin ETF Formally Accepted by SEC](https://coinmarketcap.com/alexandria/article/blackrock%27s-spot-bitcoin-etf-formally-accepted-by-the-sec?utm_source=coinmarketcap&utm_medium=email&utm_campaign=dailynewsletter&utm_content=en&utm_term=newslinks)

[OpenSea Introduces Deals to Enable Direct NFT Swaps](https://www.nftgators.com/opensea-introduces-deals-to-enable-direct-nft-swaps/?utm_source=substack&utm_medium=email)

**🌄 SALES & MINTS**

**THE SANDBOX - 7.18**: LaMelo Ball opened its Melo avatars [Allow List](https://t.co/4yqSIAc5Vi).

**FERRARI - 7.21:** A Ferrari F40 sold for $2.5 million USDT is [now a Polygon NFT](https://link.sbstck.com/redirect/cae27733-56cf-4b00-bcfd-4964bafcfa9a?j=eyJ1IjoiMW40ZGhyIn0.UX0c442-0bO6rnbGvxP3k53QE658zvIIEborFwuqUmc).

**TROPYVERSE - 7.23:** [Tropyverse Launch Airdrop](https://twitter.com/Tropyverse/status/1682817012815343617?s=20). [Tropyverse](http://tropyverse.com) is a community for communities.

* * *

**🎪 EVENTS, CONTESTS & GIVEAWAYS 🏅**

**DECENTRALAND - 7.18-23**: Voting runs till July 23 for entries in the 2023 DCL Game Jam. Every vote counts, and there is Polygon swag, $MANA & LAND up for grabs! 

[https://decentraland.org/blog/announcements/cast-your-vote-for-the-decentraland-game-jam-23-community-choice-winner](https://decentraland.org/blog/announcements/cast-your-vote-for-the-decentraland-game-jam-23-community-choice-winner)

**TOPIA - 8.1-15:** 1st [Model Mastery](https://creators.topia.gg/docs/modeling-competition) event - Marine Life Mystique. Compete for a share of $400.

**THE SANDBOX - 7.20-8.3:** [Lotte World VoxEdit Contest](https://medium.com/sandbox-game/lotte-world-voxedit-contest-1b763980f026)

* * *

**🔈 Catch up on this week’s Twitter Spaces, Project Streams & Interviews**

**THE RESET:** [Come get your Sunday fix! Trending Topics, Web3, AI…](https://twitter.com/i/spaces/1lPKqBBOrnNGb?s=20)\*

**TOPIA:** [2nd Annual Twitter Space Summit](https://twitter.com/TOPIAgg/status/1681740729851457536?s=20)

**TROPYVERSE:** [Come share your Project](https://twitter.com/Tropyverse/status/1682329486606360576?s=20) w/ [Everything Metaverses](http://yaeunda/)

**YOGA PETZ:** [The World’s First Web3 Retreat](https://twitter.com/Yogapetz/status/1682975719780151297?s=20)

_\* OneLand favourite_

* * *

**🛠️ PROJECT UPDATES**

**AXIE INFINITY - 7.18:** Axie Infinity launched [Axie Experience Points (AXP)](https://link.sbstck.com/redirect/a43b242c-10ab-44c0-aa12-b667a30e364f?j=eyJ1IjoiMW40ZGhyIn0.UX0c442-0bO6rnbGvxP3k53QE658zvIIEborFwuqUmc), turning all Axies into dynamic NFTs - able to level up or use as burning fuel for another Axie you are leveling up. This could be big news for the space, as [Gila.Ron explains](https://twitter.com/GilaCees/status/1681276385136988160?s=20).

**THE SANDBOX - 7.17:** TSB [teased upcoming events](https://sandboxgame.medium.com/the-sandbox-is-back-online-with-brand-new-experiences-3d8814430ac8) incl. with partners creators of the Cut the Rope [ZeptoLab](https://twitter.com/ZeptoLab) & 24-quest treasure hunt [The Lost Wallet](https://twitter.com/The_Lost_Wallet) ([win a CryptoPunk](https://avantgarde.nonfungibleconference.com/p/the-lost-wallet-by-nfc-join-our-treasure)), as well as The Sandbox Belonging Week 2023 & further upgrades to Game Client 0.8.

* * *

**👬 PARTNERSHIPS & FUNDING**

**THE SANDBOX x OPEN CIRCUS - 7.17:** Cirque Madona Bouglione is bringing its [Open Circus experience](https://sandboxgame.medium.com/open-circus-enters-the-sandbox-to-bring-entertainment-and-education-to-the-metaverse-e412fc80f623) into TSB. In it, players will be able to witness performances while also delving into the history and evolution of circus arts.

[https://nftplazas.us18.list-manage.com/track/click?u=ce468f48908d91efc5c33786b&id=7f85dfd980&e=de358e2c9a](https://nftplazas.us18.list-manage.com/track/click?u=ce468f48908d91efc5c33786b&id=7f85dfd980&e=de358e2c9a)

**FUTUREVERSE - 7.1:8** [Futureverse](https://www.youtube.com/watch?v=S9gnF_afKBo), a metaverse startup formed from a merger of 11 smaller projects, [raised $54m](https://decrypt.co/148945/futureverse-raises-54-million-10t-ripple-labs-metaverse-push) in a Series A round led by 10T Holdings and Ripple Labs.

* * *

_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)_._

---

*Originally published on [OneLand](https://paragraph.com/@oneland/metaverse-weekly-wrap-up-july-17-23)*
