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OneLand Metaverse Market Analysis: July 17-23

July 25, 2023
in NFT
Reading Time: 4 mins read
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Welcome to Metaverse Market Evaluation! Each Monday we deliver you the most recent stats and information on the general state of the Metaverse market. This column is in partnership with the unbelievable workforce from OneLand, a monetary platform for digital lands within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for July 17-23, 2023.

Stake your TheSandbox LAND & earn 3.5%* APY. Stake your $SAND & earn 9.31%* APY (*7.24.2023)

OneLand 7-day information reveals VRE market cap for the ten initiatives down for a ninth straight week, this time by 1.33% to 682,632 ETH. ETH’s worth dipped 1.81% to $1,888.81.

OneLand Metaverse Market Analysis July 17-23
Metaverse 7D Information Snapshot | July 17 – 23

Mixture buying and selling quantity additionally fell (-32.5%). Decentraland, TOPIA, Arcade and Treeverse had been all down. All of it mirrored international NFT gross sales, which slid one other 8.53% to simply half the worth it was 2 months in the past.

Whereas the entire hype and buying and selling of “NFTs” continues its downward slide, true longstanding initiatives with imaginative and prescient often rear their loopy heads. As its founder clearly is aware of, Voxels endures. Final week’s gross sales and quantity of land parcels within the Voxels metaverse roared northwards, up 416% and 375% respectively, and included a high sale in 3 months.

OneLand Metaverse Market Analysis July 17-23
Buying and selling of land parcels in Voxels picked up some slack

In the meantime, Worldwide Webb would possibly simply be taking a well-deserved break from social media, scarce this month save for one nice Independence Day thread outlining the roadmap forward, and the work they’re getting down and busy with within the (optimistic) aftermath of a current $10m money injection from Pantera Capital.

OneLand Metaverse Market Analysis July 17-23
Buying and selling exercise of Residences in Worldwide Webb has slowed since some current mini-spikes

Most metrics proceed to fall from the challenge’s final temporary uptrend in early June, 7-day gross sales quantity of Residences falling steeply (-52.3%) for a 2nd straight week. OneLand nonetheless notes Worldwide Webb as a Web3 metaverse to observe for all the proper causes, as our earlier article makes clear.

Over at interoperable gaming metaverse BYOPills, quantity of BYOLands loved a minimal 7-day turnaround (+37.7%) following the primary launch of their BYORacer recreation, although it was clearly a special story for the BYOCrafts themselves, gross sales and quantity of the NFTs rising 182% and 319% respectively.

For explanations of our information calculations, test docs.oneland.world/. For metaverse market and challenge information, test oneland.world.

—

OneLand is a 1-stop MetaHub — offering Metaverse information & analytics, Land NFT market, LandFi instruments and Metaverse MediaHub. Our mission is to make it simple to find, entry, keep tuned to, analysis and put money into the metaverse initiatives you like most.

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*All funding/monetary opinions expressed by NFT Plazas are from the non-public analysis and expertise of our website moderators and are supposed as academic materials solely. People are required to totally analysis any product prior to creating any form of funding.

oneland

Monetary platform for digital lands within the metaverse.

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