OneLand Metaverse Market Evaluation: August 7 – 13

Welcome to Metaverse Market Evaluation! Each Monday we carry you the most recent stats and knowledge on the general state of the Metaverse market. This column is in partnership with the unimaginable group from OneLand, a monetary platform for digital lands within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for August 7-13.

7-day knowledge reveals VRE market cap for the ten initiatives on OneLand up marginally (+0.17%) to 663,914 ETH (or +0.79% to $1.221 billion).

It represents the primary mixture land cap rise in 3 months, albeit the worth of ETH rose extra (+0.66%) to finish the week at $1,839.32.

This week noticed recovering commerce quantity for the Otherside (+50.6%), kicking off with a highest sale in 2 months of 19.5 ETH, and culminating in a 19.55 ETH buy on Sunday that noticed OneLand’s Metaverse Warmth Index attain the fiery heights of 91.4.

Nonetheless, given the market circumstances (MoM falling land costs) the weekly pickup in buying and selling did little to stem the tide of a deteriorating land cap, down for a ninth straight week, whereas the variety of gross sales (-49.6%) was additionally down.

This, plus a 7-day comeback in buying and selling motion (+51.5%) at The Sandbox (as a Premium LAND offered for 12.55 ETH, a prime sale in 5 months) noticed mixture buying and selling quantity for the ten initiatives rise by 38% for the week. Apart from, 7-day commerce quantity of all NFTs additionally picked up some slack, +26.3%.

Over at BYOPills, and two BYOLand gross sales of 0.45 and 0.5 ETH kicked off per week that confirmed glimpses of restoration, following a fairly lackluster month, with all main metrics within the inexperienced, incl. BYOLands cap which rose for its first time in 2 months.

In the meantime, Somnium Area skilled a comedown final week after a bustling earlier 7 days of hype surrounding its v3 launch, recording simply 4 parcel gross sales and an total buying and selling quantity of simply 2.34 ETH.

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Verify right here for more information & directions on the way to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s easy!).

For explanations of our knowledge calculations, examine docs.oneland.world/. For metaverse market and venture knowledge, examine oneland.world.

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