Welcome to Metaverse Market Evaluation! Each Monday, we deliver you the newest stats and knowledge on the general state of the Metaverse market. This column is in partnership with the unimaginable crew from OneLand, a monetary platform for digital LANDs within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for Oct 9 – 15.
OneLand 7D knowledge exhibits mixture LAND cap for the ten tasks listed up 0.37% to 656,739 ETH (-3.6% to $1.03bn).
Wanting nearer – Decentraland noticed a optimistic turnaround (+4.24%), whereas Otherside sunk to its lowest LAND cap so far.
$ETH fell considerably for a second week, dropping one other 4.6% to $1,558.31, serving to to tug down NFT values (complete NFT cap -0.75% to 2.65m ETH, -4.94% to $4.23b USD). Most Metaverse tokens, incl. $SAND (-3.33%), $MANA (-3.33%), $APE (-1.73%) & $TOPIA (-13.77%) all fell.
HYTOPIA pulled in its highest LAND parcel sale of all time, with #881 exchanging wallets for 11 ETH. The common worth final week remained a really sturdy 2.7 ETH, whereas the ground worth hit an unimaginable 1.9 ETH!
Unsure if it is because of Otherside degens too busy enjoying LOTM or laid-off Voyagers halting buying and selling, however final week’s gross sales of Otherdeeds plummeted to only 60 trades and solely 62.1 ETH in buying and selling quantity (-74.62%).
In the meantime, the Otherside LAND cap (-0.68%) retains sinking this week to 321,864 ETH.
Somnium Area’s large VR1 replace appeared to do the trick, the VR Metaverse challenge having fun with a second straight week of busy LAND buying and selling, and with no particularly high-priced purchases to account for – each weeks raking in 10+ ETH.
The overwhelming majority of gross sales occurred over a busy weekend, with Sunday recording Somnium Area’s highest day by day buying and selling quantity in 6 weeks.
For explanations of our knowledge calculations, verify docs.oneland.world/. For Metaverse market and challenge knowledge, verify oneland.world.
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