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.
- $ETH capitulates in The Merge’s aftermath, causing a crash in USD-priced metaverse caps
- Decentraland outshines the pack, with land cap (priced in ETH) up 15%
- Somnium Space sinks to record just 1 sale for the week, but with plans to revamp the economy
- OneLand integrates BYOPills, the unique metaverse of consumable and interoperable BYOPill NFTs, Apostle avatars, BYOCrafts and BYOLands
Market Data & Analysis
7-day data shows aggregate land caps for the 8 metaverse projects on OneLand up 1.98% to 961,219 ETH or $1.282 billion, while aggregate trading volume corrected 47.6%, as last week’s flurry of premium sales of Otherdeeds quickly faded from view.
The near-2% rise in aggregate land cap, in ETH, however, concealed…