💹 Market Data
OneLand 7D data shows aggregate land market cap for our 10 listed projects last week down 1.27% to 661,169 ETH (-1.01% to $1.33b).
Last week was a more stable week in the overall crypto & NFT markets. Volumes were down, however not in certain metaverse lands.
Sales figures & trading volume soared 287% & 217% respectively with a midweek sell-off at HYTOPIA, likely not unrelated to the project dispelling rumors of a move away from Web3 (see Project Updates, below). The result: HYTOPIA experienced its first 7D drop in its land cap (-6.01%) in 3mths (in which time its land cap has risen 49.6%).
Decentraland (-6.8%) shed over 9k ETH in LANDs cap, as it retains its focus on features and live events, like the current DCL Music Festival, a contrast to The Sandbox strategy of virtual land “sales” and games.
Smaller metaverse projects, in terms of virtual real estate caps, also saw heightened trading last week.
More hype about Somnium Space’s VR headset led to a barrage of end-of-week trades, 7D sales & volume booming 283% and 356% respectively.
While at Treeverse, 6.21 ETH of trading volume on Sunday rounded out a week that saw the game’s top land sale in 6mths, with the average price now up 118% in the past month. Indeed, a closer look at Treeverse data reveals a pattern emerging, with groups of traders seemingly getting busy once outside of the Mon-Fri 9–5 grind.
The average price of an Otherdeed was up 31.71% this week on the back of 4 trades that ranged in price from 13.3 to 15 ETH. It helped maintain a bigger 7D trading volume, while helping Otherside’s land market cap stay north of 340k ETH.
For more info & instructions how to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s simple!)
🗞️ Market News
11.14: China International Import Expo Showcases AI & Metaverse Devices
11.14: Disney launches NFT platform with Dapper Labs
11.16: PancakeSwap Launches Crypto Gaming Hub, & you can earn $CAKE
11.16: BlackRock Ethereum ETF Filing Prompts Quick ETH Price Reaction
11.16: Bitcoin uses more sustainable energy than any other industry, data shows
11.17: Roblox Sued for Exposing Children to Explicit Sexual Content in Metaverse Game
11.17: Solana Game ‘Aurory’ expands with ‘Seekers of Tokane’ & Epic Games launch / Solana Games on Epic Games
🌄 Sales & Mints
WORLDWIDE WEBB — 11._: Exclusive NFT mint for Playa Play-testers.
THE SANDBOX — 11.9–27: Cinerama LAND sale
WORLDWIDE WEBB — 11.16: Play-test NFT mint
ILLUVIUM — 11.17: Illuvium kicked off a massive 50%-off sale in their merch store, incl. D1SKPLATEs & jacket bundle, plus free shipping for purchases over $250.
🎪 Events, Contests & Giveaways
AXIE INFINITY — 11.17–21: Axie Infinity kicked off its Season 6 Finale, which runs through Tuesday. Players an earn EmAXS, Mystic Moondust, Mystic Runes & Mystic Charms.
DECENTRALAND — 11.16–18: This year’s DCL Music Festival — DCLMF23 — focused on virtual, digital natives, with 16 teams of virtual creators & game designers, over 3 days, and feat. 80+ interactive performances (no VR headset required).
EMBER SWORD — 11.15: EmberSword players from the recent Ultra Deep Recap playtest can enter here to win a Logitech G535 LIGHTSPEED wireless headset.
THE SANDBOX — 11.13: Game Jam kick-off / FallO’ween weekly thread
11.17: Bollywood got a blockchain upgrade in TSB.
11.18: Experiences of the Week
🔈 Catch up on this week’s Twitter Spaces, Project Streams & Interviews
SOMNIUM SPACE: Episode2 of Pixel Slaves — Minecraft, NFTs & Guinness World Record?! / Prizm Club Meditation
* OneLand favourite
👬 Partnerships & Funding
THE SANDBOX x BLACK MIRROR — 11.16: TSB partnered with Banijay Group to create experiences inspired by the sci-fi series ‘Black Mirror’.
OneLand 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.
