# Metaverse Weekly Wrap-Up: July 24–30

By [OneLand](https://paragraph.com/@oneland) · 2023-07-31

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_Data & Analysis | Market News | Sales & Mints | Project Updates | Partnerships |_

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💹 Market Data
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[_Stake your TheSandbox LAND & earn 3.66%\* APY. Stake your $SAND & earn 9.27%\* APY_](https://oneland.world/#/defi) _(\*7.31.2023)_

[OneLand data](https://oneland.world/#/main) shows VRE market cap for the 10 projects down for a 10th straight week, this time by 2.15% to 667,988 ETH (or -3.54% to $1.244 billion). Meanwhile, ETH fell by 1.43% to $1,861.76.

![Meta Rankings — VRE Market Cap (7D)](https://storage.googleapis.com/papyrus_images/f19de671a2e2aa47576ea31a976f48acd81c56dae89cb4bdcff3cce9e9f8fb24.png)

Meta Rankings — VRE Market Cap (7D)

The popularity of the metaverse for investors has been trending downwards over recent months, not just due to a macro downturn or bear market, but because of it being totally overshadowed by “the next big thing” AI.

![Market Value & Land Prices (1Y) have been on a downward trend all year.](https://storage.googleapis.com/papyrus_images/c6a8ef062d0a297beea84ae1a90b764ca061834ae7e1b760260e47ace4104eff.png)

Market Value & Land Prices (1Y) have been on a downward trend all year.

Yet another big downturn in 7D trading volume for [Otherside](https://oneland.world/#/main/otherside?selectkey=tradeAnalytics) (-34% to just 162 ETH), and with little support from [The Sandbox](https://oneland.world/#/main/sandbox?selectkey=tradeAnalytics) (whose post-sale volume sank to just 51.5 ETH, its lowest in several months), saw aggregate volume for the 10 projects on [OneLand](https://oneland.world/#/main) crash to near half of what it was just 4 weeks ago at the end of Q2.

![Meta Rankings — VRE Trading Volume (7D)](https://storage.googleapis.com/papyrus_images/c11b35e0e5affbd55d7668b61835be4f17a5cff82edcc0b0cd856008089781a8.png)

Meta Rankings — VRE Trading Volume (7D)

Meanwhile, [Somnium Space](https://oneland.world/#/main/somniumspace?selectkey=tradeAnalytics) land plots might be getting on a few more investor radars of late, with some more consistency in sales over recent months and upward trending prices ([Somnium Space](https://oneland.world/#/main/somniumspace?selectkey=tradeAnalytics) parcels are traditionally more expensive than other VRE), not to mention the big, fresh [announcement](https://twitter.com/SomniumSpace/status/1685617777954922497?s=20) of Version 3.0 (see **Project Updates**, below).

Its economy albeit small, VR-themed metaverse [Somnium Space](https://oneland.world/#/main/somniumspace?selectkey=tradeAnalytics) notably is the one listed project with land cap heading north, while the only other project with land cap in the green this week was another legendary player [Voxels](https://oneland.world/#/main/cryptovoxel?selectkey=tradeAnalytics). As mentioned last week, trading has picked up at [Voxels](https://oneland.world/#/main/cryptovoxel?selectkey=tradeAnalytics); and a second consecutive week of bumping sales (+29%) and volume (+50%) saw the metaverse’s best daily volume in 3.5 mths, and top sale in 4mths.

![Voxels has just witnessed consecutive weeks of booming trading activity.](https://storage.googleapis.com/papyrus_images/064c9ce67692b7f16cffa4f7c0b55714f8e79ecf215205cd73d1576aa27a22fb.png)

Voxels has just witnessed consecutive weeks of booming trading activity.

Over at [Arcade](https://oneland.world/#/main/arcadeland?selectkey=tradeAnalytics), and a top land sale in 2 months at the gaming metaverse helped drive up 7D volume (+17.6%) and its average price (+106%), the buyer bundling 4 different lands into the one transaction.

![](https://storage.googleapis.com/papyrus_images/a1ec98fe9cc03af16156afb815c163472104a56f53f743770d3b33782ecb3cbc.png)

Meanwhile, [Decentraland](https://oneland.world/#/main/decentraland)’s price enjoyed a very minimal correction (+24%), while [BYOLands](https://oneland.world/#/main/byopills?selectkey=basicInfo) look to be heading back towards the 1 ETH mark following the boost given to the community by the release of its Racer.

_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**
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[OpenAI’s Sam Altman launches Worldcoin project](https://www.reuters.com/technology/openais-sam-altman-launches-worldcoin-crypto-project-2023-07-24/) / [Too Centralized, says Vitalik](https://vitalik.eth.limo/general/2023/07/24/biometric.html) 7.24

[$WLD Token Launches; Trading starts](https://coinmarketcap.com/alexandria/article/sam-altman-officially-launches-worldcoin-crypto-project?utm_source=coinmarketcap&utm_medium=email&utm_campaign=dailynewsletter&utm_content=en&utm_term=newslinks) 7.25

[Japan PM: Web3 can Transform the Internet](https://www.theblock.co/post/241258/web3-japan-fumio-kishida) 7.25

[Putin Bans Digital Assets, Makes Digital Ruble Legal Tender](https://url-e.coinmarketcap.com/ls/click?upn=3XGtgU0aTcvSIJEH-2F-2B3WuJkIhkYd79WXDZ3slvXMJhsOMlj0gMvmn6-2BH91MDv4lPV0mXXLDtzrUu-2FP3rPMhnYazF85Yp-2FsaeTKZVIwvHrje3vsVv515HGi3SowSOd6CMJXZeFbLHwV3IP68O3MZDzKom6EeyaF4fRgyybiUP0PFgE-2BqbAOQBOPFetD0o2DNeaQz2D8XoliJ7vB4iPD79LzOfnxifAC7HNk0oR3G7NxTbAer6HLN8quSBCVGGGsbta2d8P-2BVJQlI6fhWZdo0tnDb-2FZOxF953d3VVC6fOOzOaQZsJqX2kp5rgcIrPY44HNhQLVyEl1wVwlJ3Y4vK2jLw-3D-3DY-7N_Ov4eRH0q3dW5yt0oOlsxSJujLqhrbP6ShhaZ-2BX65tCgFqyAWuhx0cTL0azfNribhMGwJFEVQTln4tpP2Xz3VfnKXoxpZO89BLRoQ7rcFezq6x7ty7oWBooTgKRWKDotV4vOaId-2BavnRNIUdPuAr35T2xxwSaThD-2BAV-2FCeLXUMoL72U5klFzacCyGukYqZWhMVvSFBtmTncAysTpVbobtZ2vOfmrcwvHecrYA79kkrWlv7i2xEhXkZyFFZlcb5a5UdL-2FiZT9JfemJJ-2F3knPE7R7wDeWbT2GAmOh86sVBvGk7IESuU2SRV4eC32IWDMlOYFvkdp2diP-2BZs-2B0mCoYDJmEzs3p2z9Q4-2BapXRZBnBWnBbCdh6RnzXxDkcKyg2MSK-2FhdLD-2BTTViLglGGD1hluuiFEuSLuYQGlKhAwkSuxhDThQKUAv4zS6eqR4y51UgeeucyQFh-2BEepmSfNCq-2BibfNzB49KgP3-2BEej8kbWknKh6h8n7zYZmUzWGhr3WH9kfnl-2BPYVT6cQigzdU-2BAFUj4mkHzJkn8tsx7kfE28euG2x4PU-2FGTp0k4eOvgBeBvFc9rGL9Ly2ThKfvMivBiRJ0z-2B7w-2BjrwLoru2G6MnkPLhW7CdhX2r94xKqZgvltyGdFtFTuuO4p7kBE9sIstqmMMZk4RaM-2BU8iCy9vYRjK4g2AhdbLVBi4SoriKrSfnV59-2FYda0z7BzjriXCHe5aej7HLc7U1EyLbpAu1mXaJtM1HmnxlJPgAaWrPpE4exUOYwH2un41-2FGkHhYiEGqOt8LK703hn10ILuMv7WcIVOMGy9eHIToZ6JaBkHR7GOxTySLmkBeMeQAEAbp3r3N6GfQpBwi-2Bbaq2LtsPL-2BBQMXOOKHyfG-2F-2BNiU5JlYSirEgwunGpXCFWW5qTIvyvak-2BHVDSluqK-2F50mPOOSASTooXQFZ241mEw7rfd0zqKlAYlUmQPa1OkHnwcp-2BNIelS9ILoDqzxJvH6aQWUmelO1ZDxlqbZmIB027Ir00vbBgFoZZI3YZG967qCA8fITLTBZXkW55KHSyl2g-3D-3D) 7.26

[Binance announces AI NFT generator Bixel](https://www.binance.com/en/support/announcement/explore-binance-bixel-start-minting-your-own-nfts-and-share-10-bnb-in-rewards-8ae12f3d96754c4490cbf6866c9b2bf1?utm_source=substack&utm_medium=email) 7.26

[Singapore Court Deem Crypto as Property](https://coinmarketcap.com/alexandria/article/singapore-court-deems-crypto-as-property-in-case-concerning-crypto-exchange-bybit) 7.28

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**🌄 Sales & Mints**
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**VOXELS — 7.28:** Voxels listed 30 connected [plots](https://tinyurl.com/4pa3hfes) in Origin City. Listed as two bundles.

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**🔈 Catch up on this week’s Twitter Spaces, Project Streams & Interviews**
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(TOPIA) [@Temptranquil](https://twitter.com/Temptranquil) [@Planet\_U\_gg](https://twitter.com/Planet_U_gg) @liquidfy\_ (RETREAT) @Yogapetz @weomxyz

**DECENTRALAND:** [Metaverse Art Week & Mesh Art Fair](https://www.youtube.com/watch?v=MsyDfiqXoqo)

**HYTOPIA:** [Creators Corner X Space](https://twitter.com/HYTOPIAgg/status/1684625825097003008?s=20)

**STAR ATLAS — 7.25:** CEO [says](https://decrypt.co/150077/star-atlas-ceo-after-massive-layoffs-nothing-about-our-vision-changed) focus remains despite 73% ayoff

**ELON MUSK:** [Interview with Tucker Carlson](https://www.youtube.com/watch?v=zaB_20bkoA4)\*

**YUGA LABS:** [CEO talks to Bloomberg on Business Strategy](https://www.bloomberg.com/news/videos/2023-07-25/yuga-labs-ceo-on-business-strategy-nfts-video?utm_source=substack&utm_medium=email)

_\* OneLand favourite_

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🛠️ Project Updates
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**DECENTRALAND — 07.23:** DCL kickstarted AI integration by introducing AI NPCs with [InWorld AI](http://inworld.ai/?utm_campaign=decentraland&utm_medium=referral&utm_source=decentraland).

An AI World fair is planned for October, and Hanson Robotics Sophia the Robot opened AI center [SophiaVerse](https://www.versedigital.org/blog/sophia-the-robots-ai-lab-driving-innovation-in-the-metaverse).

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=QlPYkz_405Y)

**7.25:** [DCL new search feature](https://twitter.com/decentraland/status/1683896534566334464?s=20)

**BIG TIME — 7.24:** New [Community Updates](https://medium.com/@playbigtime/times-end-blog-for-july-24-2023-87928064e549) series: insights, sneak peaks, dev updates & more. This update feat. an announcement from the CEO, Economy Wiki update, & more.

**HYTOPIA — 7.25:** Name change to [HYTOPIA](https://hytopia.com/): [details](https://twitter.com/hytopiagg/status/1684681920964407299?s=61&t=XzMFRxXDwFFR4d6ocuMN5g).

**7.27:** [Marketplace sneak peak](https://twitter.com/hytopiagg/status/1684681920964407299?s=61&t=XzMFRxXDwFFR4d6ocuMN5g)

**AXIE INFINITY — 7.26:** [Origins Season 5: Rare Era](https://blog.axieinfinity.com/p/s5-rare?utm_source=substack&utm_medium=email) Is LIVE! Feat. 3 new starter axis, in-game gifts, extra Runes & Charms to mint, 112k $AXS up for grabs.

[https://blog.axieinfinity.com/p/s5-rare](https://blog.axieinfinity.com/p/s5-rare)

It comes on the heels of the introduction of Axie Infinity’s new [on-chain levelling system](https://metaversal.banklesshq.com/p/axp?utm_source=substack&utm_medium=email).

**OTHERSIDE — 7.28:** Yuga Labs showcased the addition of BAYC avatars and locales in an [exclusive test](https://twitter.com/OthersideMeta/status/1684756832265621504?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1684756832265621504%7Ctwgr%5E2b34fa5d2f56de957a533cbfc6b3d63d795a2003%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fdecrypt.co%2F150415%2Fbored-apes-take-center-stage-exclusive-otherside-game-test) for the Otherside metaverse.

**SOMNIUM SPACE — 7.30:** Take a first look at [Somnium Space **Version 3**](https://twitter.com/SomniumSpace/status/1685617777954922497?s=20)! Feat. new marketplace, launcher, weather system, wearables system, full-body tracking, VR camera app, social chat, Unity & SDK upgrades, & more

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**👬 Partnerships & Funding**
-----------------------------

**UPLAND x 0N1 FORCE — 7.27:** [0N1 Force](https://www.oniforce.com/) will build the 0N1VERSE hub for 0N1 Force NFT holders in Tokyo City in Upland.

**BRITISH MUSEUM x THE SANDBOX — 7.27:** The British Museum wil build immersive experiences in [The Sandbox](https://decrypt.co/150405/british-museum-enter-metaverse-via-sandbox) and a range of digital collectibles based on its collection IRL.

**SKY MAVIS x CYBERKONGZ — 7.27:** Axie Infinity creator Sky Mavis launched a joint anime-inspired [NFT collection](https://nftplazas.us18.list-manage.com/track/click?u=ce468f48908d91efc5c33786b&id=ced633381e&e=de358e2c9a) with Cyberkongz on Ronin to amplify gamified NFTs.

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

**IMMUNEFI x TRAIL OF BITS — 7.28:** Immunefi, Trail of Bits, Solana, Fireblocks & Ribbit Capital are launching [‘The Rekt Test’](https://coinmarketcap.com/alexandria/article/the-rekt-test-security-standard-initiated-by-immunefi-trail-of-bits-and-solana-foundation) Web3 security standard to fight hacks and scams.

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[_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-24-30)*
