Good weeks for Voxels, NFT Worlds, $SAND and $MANA
Decentraland, The Sandbox and Voxels celebrate Pride with events, NFT mints and live-streams from New York
People of Crypto NFTs go on sale in The Sandbox
Worldwide Webb hold a landholders-exclusive Webb Defenders game night
NFT Worlds launches its Twitter account for @WrldNameService, which kicks off next week
30+ global firms launch the Metaverse Standards Forum, minus Decentraland, minus The Sandbox, even minus Roblox
1. Market Data & Analysis
In line with current macro and crypto turmoil, all 7 metaverses listed on OneLand witnessed further declines in trading volumes. Aggregated trade volume had a steep downturn, -47.62%, in a dip almost 4 times the size of last week’s. Meanwhile, 7-day aggregated land caps fell, but at a slower rate: -2.58%, compared to 4.67% last week.
This week, several metaverses, notably The Sandbox and Decentraland, held a series of online and IRL-linked events to help celebrate Pride Week and NYC Pride Parade 2022.
Meanwhile, 35 leading global tech firms announced (including Meta and Microsoft, but not Roblox, The Sandbox or Decentraland) they would launch the Metaverse Standard Forum.
And the decentralized Metaverse responded in kind. On June 21, $SAND surged 48.8% from to $1.28, transfers hitting an ATH of 833.5 x its volume 24hrs earlier. Likewise, Decentraland’s $MANA saw a price uptick of 23%. Investors were spotted reacting/contributing to the growing price action — a 76% hike in volume pushed up OneLand’s Metaverse Heat Index to 79.6 over the weekend.
OneLand data shows land caps all up for the week (in ETH) in what appears a “friendly return” to the “previous normal” of a few months back. Ironically only Otherside slipped, down 1.2%.
Voxels and NFT Worlds had good weeks, recording recoveries in trade volume and land cap. Voxels’ sales this week of 6 ETH and 5.98 ETH became 2 of their top 3 sales of Q2. It moved the average price up 31%. Meanwhile, NFT World #4905 sold for 8.87 ETH in NFT Worlds’ highest sale since June 1.
Though land caps were up, the bear market was still clear to see in volumes for The Sandbox, Decentraland and WorldWide Webb’s, all of them suffering big 7-day dips.
Average prices were mostly up for the week (except for Decentraland and Somnium Space), with sales numbers down across the board, which illustrates just how easily lower trade volumes can co-exist with higher land caps and prices, particularly when retail investors get cautious.
Somnium Space has begun to struggle a bit in the current crypto winter, recording just 9 sales in the past 3 weeks. However, its loyal base of players and landowners seem to be going nowhere — holder numbers are stable with 1 week ago, with 1 month ago, and +190% for the year.
For comprehensive market and metaverse project data, check oneland.world.
2. Market News
IBN
IBN, which connects companies to the investment community, announced its sponsorship of the virtual Digital Assets Conference: Exploring the Metaverse and Digital Assets, presented by Maxim Group. The event will consist of virtual panels on topics such as the value of digital assets, market opportunities, gaming, NFTs, regulation and personal identity.
Metaverse Standard Forum
June 25
This week, 35 global tech firms launched the Metaverse Standard Forum. Sponsors include Alibaba, Epic Games, Meta, Microsoft & Sony. Noticeably they do not include Decentraland, The Sandbox, Roblox, Apple or Google.
Following the news, native tokens $SAND and $MANA saw price jumps of 30% and 21% respectively, from June 24 to 26.
The Sandbox
June 20
The OG, WL and public mints of Gym Aesthetics avatars took place on June 20, followed by a reveal on June 24. Gym Aesthetics NFTs are now available on the secondary market (OpenSea).
June 20
People of Crypto (POC) kicked off their sale of 8,430 Next-Generation Metaverse Avatars in The Sandbox.
The presale happened June 20, with the public sale starting the next day — each avatar cost 75 $SAND, or around 0.03 ETH.
A number of Worldwide Webb NFTs, including 2 S, 1 M & 1 Penthouse Apartments, were stolen after someone hacked the Discord account of a team member, made a fake founder profile and posted fake mint links.
In the attack the following were stolen:
- 5 x Habbo Avatars
- 4 x Metroverse lands
- 2 x Nanopass lands
- Small Apartment #1089, Small Apartment #251
- Medium Apartment #5722
- Penthouse Apartment #9058
Both the compromised team member’s and the hackers accounts have been kicked out.
Decentraland
June 26
Decentraland hosted its first-ever virtual Metaverse Job Fair, offering amazing opportunities to work in the worlds of crypto art, digital fashion, blockchain gaming and VRE.
3. Events
The Sandbox
June 20
The Sandbox ran 2 days of IRL events in NFT-NYC coinciding with the annual Pride Parade and festivities, featuring talks on culture, diversity, music, fashion and Web3.
June 23
The Sandbox sponsored the Madonna Pride Party night. Co-sponsors included World of Women, Belvedere Vodka and Madonna herself, who made a surprise live appearance at the LGBTQ Pride Week Party at The Standard in NYC.
Voxels held a weekly hangout with its dev team, co-hosted by product lead @Benjythebee and dev @CVMiniGames.
June 25
MetaPride Land held a 2-day event to celebrate Pride 2022. The event featured 12hrs, 6 parties, 3 stages and 6 of the largest LGBTQ+ events in NYC — in 1 live stream into Voxels.
Worldwide Webb held a Webb Defenders game night for landholders. Players aimed to get their scores as close to 1,337,000 over the duration of the game night. The winner gets their name graffitied on the Webb Defenders building next to the purple heart.
June 23
Worldwide Webb teamed up with Tropix Music, Forgotten Runners and Nifty League to hold the Teshimi Yacht Party at NYC Skyport Marina.
Decentraland
June 23
Polygonal Mind collaborated with Ramp Network and Brave Browser to host a live party simultaneously from NYC 2022 IRL and its HQ in Decentraland.
The Sandbox partnered with Over the Reality to run the NYC Treasure Hunt, June 20–24. Contestants needed to download the OVER app, then collect The Sandbox NFTs around Manhattan.
June 21
Snoop Dogg held a giveaway of 10 Doggies / Snoop Avatars on Twitter.
June 24
People of Crypto presented a game in the Sandbox. Players who dance at the Pride Parade scene in the Valley of Belonging and send a screenshot to the Sandbox could get the chance to win a People of Crypto Avatar.
NFT Worlds launched the official Twitter account for the new @WrldNameService.
June 22
WRLD name registration opened for early registration pass holders. The public registration will open up next week.
Somnium Space
June 23
Somnium Space rolled out several updates in preparation for what they are calling next week’s “BIG FEATURE release”. They include improved collision options and media playback embeds, and a variety of bug fixes.
TIME partnered with The Sandbox to build TIME Square in the Metaverse. TIME Square will be built on TIME’s land in The Sandbox as a destination for convening, art and commerce, inspired by the spirit and energy of the iconic neighborhood in NYC.
The Sandbox partnered with BAYZ to reinforce and extend their presence in Brazil. Together, BAYZ and TSB will bring to the Metaverse Brazilian IPs and brands from the worlds of music, fashion, lifestyle, architecture and sports.
The Sandbox partnered with Thunderbirds. This collaboration will take the world of International Rescue into the new generation with metaverse avatars, charity DAOs, NFT drops and Web 3.0 online experiences.
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