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. This week brings the OneLand Metaverse Market Evaluation stats for February 13 -19, 2023.
OneLand data exhibits whole land caps (7D) for the ten metaverse tasks listed down 0.68% to 935,764 ETH, however up 11.2% in USD as each $ETH and the general crypto market cap had a constructive week. Buying and selling quantity in USD phrases was up an unimaginable 29%, on the again of 7-day will increase from each The Sandbox (13.2%) and, notably, Otherside (+24.3%).
General, there have been much more gross sales final week, however at decrease costs – 7 of the ten listed tasks recorded greater gross sales counts, coinciding with weaker common costs throughout the board. Extra consumers had been propelled into the metaverse VRE market this week, and so it is smart that they might are available on the low finish, no less than when it comes to the worth of their in-wallet (i.e. crypto) currencies.
Context:
- Gross sales (-21%) and quantity (-27.2%) of Decentraland LAND have been on a downward development because the begin of the 12 months, notably since hitting its prime Every day Buying and selling Quantity in 8.5 months on Jan 3.
- NFT Worlds has outranked Decentraland in each quantity (-16%) and gross sales (-5.4%) for over a month now.
- Metaverse tokens rally ($SAND +11.4%, $MANA +9.1%, $WRLD +7%) – in keeping with $ETH (+11%) and general crypto market (+9.8%).
Spotlight: Worldwide Webb
Worldwide Webb Residences file a ripper of a Saturday, recording a large 191 each day gross sales, greater than twice that of Otherside.
It prompted weekly gross sales quantity to rocket 449% to 77.94 ETH on the again of 247 impartial trades (+474%).
Included was a prime sale for 9.0 ETH for a Penthouse, solely the second sale above 2.55 ETH within the final 8 months. However even this might not increase the land cap in ETH phrases (-1%), as a bunch of sub-0.3 ETH trades on the day pulled the each day common worth down 8.8% under its present 30-day common.
However in USD phrases, Worldwide Webb 7-day land cap was up 10.8% in keeping with the full land cap of OneLand-listed tasks and the general crypto market.
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For explanations of our information calculations, verify https://docs.oneland.world.
For complete metaverse market and undertaking information, verify oneland.world.
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