Welcome to Metaverse Market Analysis! Every Monday we bring you the latest stats and data on the overall state of the Metaverse market. This column is in partnership with the incredible team from OneLand, a financial platform for virtual lands in the Metaverse. This week brings the OneLand Metaverse Market Analysis stats for April 24 – 30, 2023.
Total land cap of the 10 projects on OneLand ended the week stable, down just 0.17% to 812,714 ETH, or $1.52 billion (+0.4%). $ETH rose 0.99%.
Trading suddenly got a lot busier this week at Arcade, as the team announced an impending airdrop for landowners based on a May 1 snapshot. 7-day sales more than doubled, as volume soared 250% and a sale of 5.0 ETH was its highest in 3.5 months.
Over at NFT Worlds, just days ahead of a total rebrand, the project is maintaining its positive streak. 7-day volumes have been (well) over 100 ETH with land caps (+2.65%) rising for a 5th consecutive week, while average prices hover about the 2 ETH mark.
Meanwhile, at Yuga Labs, Otherside’s land cap seems to be stabilizing around the 380k ETH mark since it dipped into that range a fortnight ago. This is mirrored also in recently cheaper prices for Otherdeeds, which supported a strong 7-day sales count (+20.4%).
For explanations of our data calculations, check docs.oneland.world/. For comprehensive metaverse market and project data, check oneland.world.
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