OneLand Metaverse Market Evaluation: July 17-23

Welcome to Metaverse Market Evaluation! Each Monday we deliver you the most recent stats and knowledge on the general state of the Metaverse market. This column is in partnership with the unimaginable staff 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.

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OneLand 7-day knowledge reveals VRE market cap for the ten tasks 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.

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 all the hype and buying and selling of “NFTs” continues its downward slide, true longstanding tasks with imaginative and prescient sometimes 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.

In the meantime, Worldwide Webb may 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 (constructive) aftermath of a latest $10m money injection from Pantera Capital.

Most metrics proceed to fall from the undertaking’s final transient 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 look at 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 unique story for the BYOCrafts themselves, gross sales and quantity of the NFTs rising 182% and 319% respectively.

For explanations of our knowledge calculations, verify docs.oneland.world/. For metaverse market and undertaking knowledge, verify oneland.world.

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

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