• Otherside sales rebound massively — volume up 90% amid a slew of top sales!

• Otherside performance propels aggregate land cap up 5% after 3.5 months of decline

• Nigeria and Binance to set up a digital economic zone to fast-track blockchain

• Axie Infinity rebrands to Axie Origins with new game features, as Season 1 kicks off Sep14 &

• More world-firsts for Somnium Space — holding its VR Fashion Show and VR presidential candidate press conference

7-day data shows aggregate land caps for the (now) 8 metaverse projects on OneLand up by 5.26% to just under $1.67 billion, with trading volumes rebounding 60.77%. It represents the first increase in OneLand aggregate land caps for 15 weeks, with the turnaround in sales volume and prices resulting almost solely from renewed interest in Otherside, presumably generated by last week’s new trailer video and all the talk following it. A second consecutive week of trading and price action recovery for Decentraland also did no harm.

However, all other land caps were down for the week. The Sandbox in particular did not have a successful second week of its Alpha Season 3 in terms of LAND sales with major weekly metrics all in the red. Somnium Space did not fare well either, albeit in what was another exciting week in terms of VR firsts. NFT Worlds continues to slide, while Worldwide Webb came back to earth following a more hopeful previous week of sales activity.

ETH was up for the week by 10.61% as anticipation heats up ahead of the coming week’s Merge.

There was no positive result in LAND sales activity for The Sandbox as Alpha Season 3 rolled on into its third week. A top sale of just 2.14 ETH and lower sales numbers sent the land cap crashing another 6.15% to now just 176,057 ETH, which is where it was back on 27 Nov.

Perhaps a rallying $ETH price (+10.61%) caused some reluctance to buy, though the price of native token $SAND was steady across the week.

With Decentraland enjoying a recovery in volumes and land cap over the last two weeks, The Sandbox has slipped back into a clear third spot behind Decentraland in terms of both land market caps and average parcel price, both of which converged for the two projects in July.

Decentraland enjoyed a third consecutive week of market cap recovery, up by 4.76% on the back of an Estate selling for 25 ETH, even though sales were down 24%. It also brought the average price of a parcel back up 43% to 3.4 ETH. Decentraland will be hoping to re-cross the 200,000 ETH threshold that it collapsed beneath on the last day of July.

Somnium Space might have had a good week on the tech front, as it held the world’s first mixed-reality fashion week as well as the first ever presidential candidate press conference conducted in virtual reality. Yet it elicited no impact at all on the landonomics, with a paltry 3 parcels sold and a top sale of just 2.0 ETH, sinking its average price 90% week-on-week to just 1.13 ETH.

Justified confidence in the future of VR and his metaverse aside, one expects founder Artur Sychov will be hoping for at least some turnaround in VRE sales during next month’s quarterly land sales event, which he dropped news of during the launch of Somnium Space Fashion Week 2022 on Sep 8.

Otherside witnessed a massive week-on-week comeback with all 7-day metrics in the green, coming on the back of last week’s new epic trailer release and further news that Otherdeeds became the 6th highest selling NFT of all time (as explained in our August report, published last week). Otherside ended the week with Otherdeeds’ land cap back up 11.52% to fall just short of 500,000 ETH, where it sat one month ago.

Thursday saw the trade volume of Otherdeeds skyrocket 355% compared to its previous 24 hours to hit 1424.74 ETH (502% higher than the average daily volume in August). It was led by a hallowed Otherdeed #12 sold for 279 ETH, followed by sales of 250, 229, 140, 110, 93, 75 and 72 ETH. To put this in context, the last time an Otherdeed sold for 100 ETH was back on June 30, when the price of ETH was $1,094, 38% lower than where it was on Sep 8.

Last week, we published our August Metaverse Monthly Report:

Medium: https://oneland.medium.com/oneland-metaverse-monthly-report-2ec6ea713e56

Read / download the PDF: https://t.co/HIMccvJblH

For comprehensive market and metaverse project data, check oneland.world.

• Sep 5

Nigeria and Binance held talks to establish a digital economic zone in order to fast track blockchain development in Africa’s most populous nation. Nigeria is targeting digital tech to diversify the economy away from oil and leverage its youthful population.

• Sep 5

12 assets from the BENJA Collection were listed on The Sandbox Marketplace to coincide with the Quest of Triloga Sky Ruin Arena experience launching in Alpha S3.

• Sep 8

Hackers compromised The Sandbox’s Instagram account, directing followers to a fake raffle giveaway URL and asking them to rent out their Bored Ape Yacht Club NFTs. At least one user claimed to have lost NFTs after clicking the fake link, according to Coin Telegraph.

https://cointelegraph.com/news/the-sandbox-s-instagram-account-compromised-hackers-try-to-rent-bayc-nfts

• Sep 6

Metaverse design firm Smobler Studios successfully closed a $1.2 million seed round from The Sandbox, VC fund Brinc and Web3 launchpad Enjinstarter. Smobler Studios plans to onboard brands and services through its Metaverse for Good platform.

https://www.prnewswire.com/news-releases/smobler-studios-raises-usd1-2m-in-seed-round-to-create-a-metaverse-for-good-301618697.html

• Sep 8

Software firm Dropp Group acquired Metaverse platform Phly for $25 million to build the world’s first “physical digital twin” metaverse. Dropp plans to provide experiential real estate from every major city in the world in its metaverse.

https://biz.crast.net/drop-group-buys-phly-for-25-million-to-build-the-worlds-first-physical-metaverse-nftgators/

• Sep 6

Your Earth DAO, the first live-to-earn (L2E) AR/VR-compatible platform, kicked off its Land sale. Approx. 22,444 land spots in the Acent Metro District went live for minting on the DAPPX NFT Marketplace via Immutable X. The lands are divided into 2 spot types: regular (0.1 ETH) and Themed (0.3 ETH).

https://dappstore.me/nft-marketplace

• Sep 7

David Bowie’s estate and OpenSea teamed up to launch an NFT collection in honor of the legendary musician. However, the news triggered staunch opposition from some fans.

https://coinmarketcap.com/alexandria/article/don-t-do-this-bowie-s-estate-to-launch-nfts-celebrating-his-life-but-some-fans-are-against-it

• Sep 9

Somnium Space founder Artur Sychov revealed their upcoming quarterly land offering and auction to take place Oct 2–31. The 4-week long event will include auctions of land parcels, worlds and other in-world items, and will kick off with a Treasure hunt.

• Sep 9

Metaverse skyscraper Blocktopia listed 8 LANDs in their marketplace in the 400–500k BLOK (about $1350-$1650) price range. Six are located on Floor 4 and two on Floor 5.

• Sep11

Voxels listed 5 waterfront parcels on Chronos island for 0.4 ETH each on OpenSea.

• Sep 5

Hyundai developed a digital “twin” to showcase its new Hyundai Creta SUV, with Decentraland hosting the vehicle‘s launch.

• Sep 6

Grey Goose Vodka concluded an immersive experience in celebration of US Open’s best tennis players in its MetaVIP Lounge in Decentraland. Attendees completed a quest to earn an exclusive wearable plus tickets to the 2023 US Open.

https://events.decentraland.org/event/?id=319f2a5e-9d8e-4e7d-9af6-17652afb18a2

• Sep 6–7

BNV Fashion, in collaboration with Whub, held the Scaleup Impact Summit (SIS22) in Decentraland. Participants were able to hear about new technologies from world-class speakers while able to try on BNV’s latest wearables and win a POAP.

https://events.decentraland.org/event/?id=5aebfc0e-7633-4ed7-b643-cbf48dab5967

• Sep 9

Artist/inventor KevinOnEarth999.eth held his NinesGiving 2022 event to unveil the newly renovated news station following 9 months of work. During the 99-minute event, held 9.9 at The Decentraland Report HQ, the host airdropped to everyone every 9 minutes.

https://events.decentraland.org/event/?id=85b9f429-5a56-40dc-9eb2-360d3cb9335b

• Sep 7

Somnium Space held the world’s first presidential candidate media conference entirely in Virtual Reality. Czech presidential candidate Karel Janeček’s conference kicks off about 21:17 in this video:

• Sep 7–11

Somnium Space held the first VR Avatar Fashion Week, phygitally, simultaneously in Prague and the Metaverse. Held in collaboration with Teslasuit, the event allowed people to connect in one location using VR, AR, full body trackers and holograms View the live stream here.

https://somniumtimes.com/2022/09/09/the-future-of-fashion-somnium-space-fashion-week-2022/

• Sep 8

The Sandbox announced that owners of seven avatar collections will each receive one week of exclusive access to a selected experience. The seven include BAYC, the Doggies and World of Women.

https://medium.com/sandbox-game/avatar-holder-special-events-in-alpha-season-3-70940517f37e

• Sep 9

Worldwide Webb teamed up with Pudgy Penguins to hold a Teshimi Party.

• Sep 5

NFT platform NonFungible together with The Sandbox held a quiz to give away 5 Alpha passes to Season 3.

• Sep 7

The Sandbox and Ragnarok Online held a Game Jam to celebrate the 20th anniversary of its Romantic Fantasy MMORPG. The event is open to newbies too, with a total prize pool of 250,000 $SAND.

https://sandboxgame.medium.com/the-ragnarok-game-jam-7ce18e7dec16

• Sep 7

The Gutter Cat Gang NFT project held a treasure hunt in The Sandbox with participants able to win a Gutter Cat Gang Avatar. The clue was hidden in the Aldrak Garrison.

Voxels

• Sep 6

Digital One, a free trade market for creators and collectors to trade music royalties and revenues, is running its ‘Ride for DreamHome’ event Sep 2–30 at its IP hub in Voxels. During the month, Digital One will also host Sunset Beach Ride every Friday 5:30pm PST with music, games and giveaways.

https://www.eventbrite.com/e/ride-for-dreamhome-tickets-411673836527?keep_tld=1

Catch up on this week’s Twitter Spaces, project streams and interviews:

The Sandbox: How to use preset in the Sandbox Game Maker

The Sandbox: The Sandbox is for Everyone feat. @nftstudio24 & @borgetsebastien

Decentraland: Community Building feat. @SinfulMeatStick.eth

Voxels: Voxel Doom Tested

Somnium Space: Somnium Space 2022 Fashion Show.

NFT Worlds: Weekly WRLD

Lord of the Lands: Twitter Space

TheOtherGuild: Otherside speculation feat. @theOtherGuild

• Sep 5

Dogami, the world’s first pet-averse, announced testing for a tech launch. The testing begins Sep 14 with 100 spots open for interested users.

• Sep 6

Voxels announced that all the code and designs for the Foxus mixed reality headset have been open sourced.

https://www.foxus.com/

• Sep 6

Outlanders MMORPG announced in its social media channels that its Open Beta.

• Sep 7

Axie Infinity rebranded to Axie Origins and announced new game features, as Season 1 kicks off Sep14. Sky Mavis will introduce accessories for Axies, and players will be able to personalize their characters using cosmetic items obtained through resources or skills.

https://twitter.com/mpost_io/status/1567938399062958084?s=20&t=JlTsCSmfVRCHJd-4J1B69Q

• Sep 7

Everdome released a preview of its Everdome Mission Architecture ahead of its upcoming journey to Mars rocket launch event.

• Sep 9

Illuvium showcased a sneak peak of their upcoming IlluviDex marketplace

Analytics Chart in a Tweet.

• Sep 6

Worldwide Webb partnered with Fancy Bears Metaverse, with Fancy Bears to become a playable character in Worldwide Webb.

• Sep 7

Worldwide Webb integrated Moonbirds Oddities NFTs. Non-landholders will be able to use Oddities NFTs in the upcoming public release.

• Sep 9

Worldwide Webb announced a partnership with NFT collection CryptoDickButts (CDB).

• Sep 7

The Sandbox announced a partnership with South Korean TV and radio network Munhwa Broadcasting Corporation (MBC). MBC will open a metaverse version of its Seoul head office and production studios.

https://nftplazas.com/mbc-teams-up-with-the-sandbox/

• Sep 7

The Sandbox partnered with the South Korean division of French car manufacturer Renault. The collaboration aims to develop new ways to experience automobiles in the Metaverse and provide users with ample virtual space entertainment.

https://mpost.io/the-sandbox-partners-with-renault-korea-for-metaverse-support/

• Sep 9

Singapore bank DBS announced a partnership with The Sandbox to create ‘DBS Betterworld’. DBS will acquire a 3×3 LAND plot and develop it with immersive elements.

Don’t forget — to access the most comprehensive, in-depth and up-to-date aggregated VRE market and project data, check out OneLand.

Twitter: @OneLand_World

Discord: OneLand