Welcome to Metaverse Market Evaluation! Each Monday, we convey you the most recent stats and knowledge on the state of the Metaverse market. In partnership with the unbelievable staff from OneLand, a monetary platform for digital LANDs within the Metaverse, this column brings the OneLand Metaverse Market Evaluation stats for Nov 13 – 19.
OneLand 7D knowledge reveals combination LAND market cap for our 10 listed tasks final week down 1.27% to 661,169 ETH (-1.01% to $1.33b).
Final week was a extra secure week within the general crypto & NFT markets. Volumes had been down, nevertheless not in sure metaverse LANDs.
Gross sales figures & buying and selling quantity soared 287% & 217% respectively with a midweek sell-off at HYTOPIA, probably not unrelated to the undertaking dispelling rumours of a transfer away from Web3. The outcome: HYTOPIA skilled its first 7D drop in its LAND cap (-6.01%) in 3mths (by which time its LAND cap has risen 49.6%).
Decentraland (-6.8%) shed over 9k ETH in LANDs cap, because it retains its give attention to options and reside occasions, like the present DCL Music Competition, a distinction to The Sandbox technique of digital LAND “gross sales” and video games.
Smaller metaverse tasks, when it comes to digital actual property caps, additionally noticed heightened buying and selling final week.
Extra hype about Somnium Area’s VR headset led to a barrage of end-of-week trades, 7D gross sales & quantity booming 283% and 356% respectively.
Whereas at Treeverse, 6.21 ETH of buying and selling quantity on Sunday rounded out per week that noticed the sport’s prime LAND sale in 6mths, with the common worth now up 118% prior to now month. Certainly, a more in-depth take a look at Treeverse knowledge reveals a sample rising, with teams of merchants seemingly getting busy as soon as outdoors of the Mon-Fri 9-5 grind.
The typical worth of an Otherdeed was up 31.71% this week on the again of 4 trades that ranged in worth from 13.3 to fifteen ETH. It helped preserve a much bigger 7D buying and selling quantity, whereas serving to Otherside’s land market cap keep north of 340k ETH.
Issues look like warming up at Otherside, with Otherdeed costs on the rise.
For explanations of our knowledge calculations, test docs.oneland.world/. For metaverse market and undertaking knowledge, test oneland.world.
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