Metaverse Weekly Wrap-Up: Aug 29-Sep 4

OneLand
7 min readSep 5, 2022

--

Highlights:

  • South Korea launched a closed test run of its metaverse project ‘Metaverse Seoul’
  • SCMP News brings Hong Kong to the Metaverse with a journey through time in The Sandbox
  • LuLu Land holds a Metaverse wedding in the Metaverse, and…
  • Yuga Labs releases an amazing new trailer video for Otherside! For a sneak peak into what it might mean, read our report!

1. Market Data & Analysis

OneLand 7-day data shows aggregate land caps in ETH for the 7 metaverse projects down (-0.27%) for a 14th consecutive week. Compared to last week’s 22.5% drop, the aggregate decline in trading volume eased this week to 6.36%, while holders remained steady. All projects’ land caps were down for the week, except for Decentraland and Somnium Space.

This week, we are publishing our Metaverse Monthly Report — August 2022. Check it here:

Top Sales by metaverse (7D)
Metaverse Tokens (7D)

This week, we are publishing our Metaverse Monthly Report — August 2022. Check it here:

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

2. Market News

Metaverse Seoul

  • Aug 31

South Korea’s capital Seoul launched a closed test run of its metaverse project ‘Metaverse Seoul’, featuring a virtual reconstruction of its city hall and Seoul Plaza. Test users will take part in activities such as interacting with virtual animals, reading books and playing games.

The R3al Metaverse

  • Aug 31

A new reality parody show The R3al Metaverse launched, in which characters from famous NFT collections including BAYC, Cool Cats, Robotos, World of Women and Doodles step out of the virtual world to experience life into the physical world of L.A. Watch it here:

Camespad

  • Aug 29

Gaming, NFT & metaverse ecosystem Gamespad published its Metaverse Industry Report 2022. The report claims that all businesses can have their share in the metaverse but will need a comprehensive strategy to succeed.

Genies

  • Aug 31

Metaverse avatar startup Genies rolled out ‘The Warehouse’ NFT fashion marketplace. Each time a creator sells an item, they will receive a part of the revenue due to the intellectual property rights of their designs.

Proof

  • Sep 1

NFT collective Proof announced it successfully raised $50 million in a Series A funding round. The round saw participation from companies like Ventures and Collab+Currency, and was led by Andreessen Horowitz.

3. Sales & Mints

Stageverse

  • Aug 30

Social metaverse Stageverse Land and Prism NFTs went live on OpenSea. There are a total of 200,000 land plots in Stageverse, and will be sold in phases starting from the center of the map, with the initial phase sold within a short timeframe.

Decentraland

  • Aug 31

Dolce&Gabbana’s Disco Drip NFT Collection was listed on OpenSea. The 20-look digital collection gives owners access to metaverse wearables that correspond to each look, beginning with Decentraland.

Voxels

  • Aug 31

Voxels listed a big parcel on the marketplace. The huge waterfront site located beside VOXCON is currently the biggest parcel in OpenSea.

4. Events, Contests & Giveaways

The Sandbox

  • Aug 29

Web3 culture project LuLu Land held a Metaverse wedding in The Sandbox.

Decentraland

  • Aug 29

The Ocean Meta hosted a shark educational event in Decentraland, featuring shark facts and underwater shark photography. The first 10 people to find each question hidden in the gallery and submit all 10 correct answers won an NFT.

  • Sep 1

MetaGameHub DAO, NRverse & MoonBash held the 1st carbon-neutral metaverse event in Decentraland. MGH DAO provided its LANDs and dev expertise, MoonBash coordinated performances and giveaways while NRverse offered a scalable solution to switch to renewable energies.

  • Sep 2

DigFun teamed up with Mochic to hold a launch party to celebrate the launch of the special edition NFT ‘The Shape of Water’ collection.

Voxels

  • Aug 30

Climate-neutral Layer 1 blockchain NEAR Protocol resurrected the Alexandria Library in the Metaverse.The grand opening of the brand-new virtual educational facility was hosted by The Philosopher in Voxels.

COMEARTH <> OneLand

  • Sep 3

E-commerce metaverse Comearth and OneLand hosted their first joint AMA in Comearth’s Discord server. It follows the partnership announcement and NFT giveaway last month.

Contests

The Sandbox

  • Aug 31

Sueco the Child held a giveaway of The Sandbox Alpha S3 Passes. Players who hold a Sueco NFT and grab a screenshot of themselves in the Split Personalities experience get a chance to win.

  • Sep 1

vEmpire DDAO held a Sandbox giveaway on Twitter. Players got the chance to win a Sandbox LAND by participating in the event.

  • Sep 1

The Sandbox teamed up with Coinbase to hold a new VoxEdit contest. Themed “Vintage meets the Metaverse”, the contest lasts Sep 1–13.

Decentraland

  • Aug 30

Builder Contest #2 went live in Decentraland. Themed ‘A Blip in Time’, players need to develop an iconic invention from any period in time.

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

The Sandbox: Explore new features with The Sandbox feat. DappRadar

The Sandbox: AMA with Sandbox CEO, feat. DappRadar

NFT Worlds: Weekly WRLD

Somnium Space: Creator Session feat. @denevraut

Worldwide Webb: Phenomenal Introduction of the WorldwideWebb feat. @hardforkgaming

5. Project Updates

Worldwide Webb

  • Aug 29

Worldwide Webb released new dev updates in their Discord. The team updated the community on new mounts and quests, and clearer doors with a highlight very similar to the ones seen on the floor between locations.

Lord of the Lands (LOL)

  • Aug 29

Metaverse-backed NFT project Lord of the Lands announced the date of its upcoming mints — the presale takes place Sep 23 (13:30 UTC), with the public sale on Sep 24 (13:30 UTC). Register here.

NFT Worlds

  • Sep 3

NFT Worlds released some new item designs and palette styles for their new NFT Worlds.

Otherside

  • Sep 2

Yuga Labs released a new trailer video for Otherside.

IgorNFT will likely be getting more new Youtube followers with this excellent video breakdown, which also goes on to discuss other virtual worlds including NFT Worlds and Mirandus:

6. Partnerships

The Sandbox<>SCMP

  • Aug 30

South China Morning Post brought Hong Kong to The Sandbox in Alpha S3. Players can travel through time, complete quests and discover the history of the city’s iconic Star Ferry Pier.

The Sandbox<>Lootex

  • Aug 31

Lootex took part in The Sandbox Alpha S3. Players could win an Alpha Pass and 500 $SAND by taking part in the varieties events. Lootex is a 1-stop shop for the metaverse.

Worldwide Webb <>Grillz Gang

  • Sep 1

Grillz Gang NFTs were integrated into Worldwide Webb. Non-landholders can play with the Grillz Gang in the public release.

Worldwide Webb<>SuperNormal

  • Sep 4

Worldwide Webb announced a partnership with Super Normal, with integration of SuperNormal NFTs into the metaverse.

This week, we are publishing our Metaverse Monthly Report — August 2022. Check it here on Medium:

Or read / download the PDF:

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

--

--

OneLand
OneLand

Written by OneLand

OneLand is a MetaHub - providing metaverse land market data & analytics, Land NFT marketplace, LandFi tools and Metaverse MediaHub.

No responses yet