Welcome to Metaverse Market Evaluation! Each Monday we carry you the most recent stats and information on the general state of the Metaverse market. This column is in partnership with the unimaginable group from OneLand, a monetary platform for digital lands within the Metaverse.
- Metaverse land caps steady for the week – up 3.52% to $1.283 billion
- Decentraland and Arcade Land report high gross sales, as ETH worth steadies
- Agg. buying and selling quantity down 1.63%, holders regular
Market Information & Evaluation
OneLand 7-day information reveals mixture land market cap for the 10 Metaverse tasks up 3.52% to roughly $1.283 billion, whereas buying and selling quantity fell 1.63%. There have been no large weekly actions in land caps of Metaverse tasks in every week through which the value of ETH held comparatively regular, up 4.4%.
The Sandbox’s land cap was regular for the week, up 1% to push previous 190,000 ETH. Weekly common costs proceed to look low-cost at 1.42 ETH, having dipped under 2.0 ETH on the finish of August and never rising above that since. Buying and selling volumes (-28.5%) have additionally been retreating once more since The Sandbox launched its landholder-only staking program a month in the past. (In our upcoming October report, we are going to assess the efficiency of land gross sales over the period of Alpha Season 3 (Aug 24-Nov 4) in comparison with AlphaS1 and S2 (which each ran 4 weeks)).
In the meantime, Decentraland’s common worth jumped 45% to greater than double that at 3.18 ETH in every week which noticed an Estate promote for 31.01 ETH. Decentraland’s second annual Metaverse Music Pageant (MVMF22) was introduced this week to occur Nov 10-13 and will probably be hoped to resume curiosity within the metaverse’s digital actual property. Gross sales numbers (although down for the week 29%) and volumes (+3.2%) have been creeping upwards over the previous couple months. Distinctive landholders are on the rise, as holding focus loosens at Decentraland, whereas the other appears to be occurring at The Sandbox.
Voxels’ holder numbers had been down for the week, however like Decentraland are additionally up for each the month and 12 months.
In its highest sale in almost three months, a parcel in Arcade Land offered for 11.79 ETH. The sale composed 40% of its weekly buying and selling quantity (+27%) and helped Arcade Land to a second consecutive week of upper land cap, quantity, gross sales and common worth.
Nevertheless, there have been no premium gross sales of BYOLands this week, nor certainly any week over the previous month. However buying and selling exercise had a particular pickup from final week’s lull, gross sales numbers recovering even when common worth fell. BYOLands’ land cap ended the week down 6.4%.
High Gross sales by Metaverse (7D)
Metaverse Tokens (7D)
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