OneLand Metaverse Market Analysis: May 1-7 – NFT Plazas

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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 May 1 – 7, 2023.

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OneLand 7-day data shows aggregate land market caps for the 10 listed metaverse projects down 2.33% to 793,750 ETH, or $1.49b (-1.84%). $ETH ended the week down just 0.42% to $1,872.48, while metaverse tokens including $SAND (-5.17%) and $MANA (-7.27%) suffered bigger losses.

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Sales counts and trading volume were down for most metaverse projects this week, major exceptions being The Sandbox (+139.5%) and Decentraland (+19.7%). Trading at BYOPillsSomnium Space (-100%), Voxels (-36%) and Worldwide Webb (-51%) were all down significantly over the past 7 days, and particularly since the start of April. It mirrored global NFT sales, which tumbled another 12%, now down by more than 50% over the past month.

The Sandbox picked up its top sale in over a year just days ahead of the official kick-off of its MegaCity3 LAND sale. LAND #82768 passed hands for 300k $USDC, just over 160 ETH, on Apr 6, increasing its 7-day average price (+133%) and volume (+140%), but not its total land cap which fell 3.2% on the back of a lot of much cheaper sales.

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Otherside also picked up a big sale, with 200 ETH for an Otherdeed the top sale in 6 weeks.


For explanations of our data calculations, check For comprehensive metaverse market and project data, check

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