Welcome to Metaverse Market Evaluation! Each Monday, we convey you the newest stats and knowledge on the state of the Metaverse market. In partnership with the unbelievable workforce 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 initiatives final week down 1.27% to 661,169 ETH (-1.01% to $1.33b).
Final week was a extra steady week within the total crypto & NFT markets. Volumes have been down, nonetheless not in sure metaverse LANDs.
Gross sales figures & buying and selling quantity soared 287% & 217% respectively with a midweek sell-off at HYTOPIA, possible not unrelated to the mission dispelling rumours of a transfer away from Web3. The outcome: HYTOPIA skilled its first 7D drop in its LAND cap (-6.01%) in 3mths (through which time its LAND cap has risen 49.6%).
Decentraland (-6.8%) shed over 9k ETH in LANDs cap, because it retains its deal with options and stay occasions, like the present DCL Music Pageant, a distinction to The Sandbox technique of digital LAND “gross sales” and video games.
Smaller metaverse initiatives, by way of digital actual property caps, additionally noticed heightened buying and selling final week.
Extra hype about Somnium House’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 every week that noticed the sport’s high LAND sale in 6mths, with the typical value 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 common value of an Otherdeed was up 31.71% this week on the again of 4 trades that ranged in value from 13.3 to fifteen ETH. It helped keep an even 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.
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For explanations of our knowledge calculations, examine docs.oneland.world/. For metaverse market and mission knowledge, examine oneland.world.
OneLand is a 1-stop MetaHub — offering Metaverse knowledge & 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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