Welcome back to the weekly issue of Metapoly’s Newsletter!
In this newsletter, you will get weekly updates on:
- Meta News with what’s happening in the metaverse
- Meta Analytics with insights on the metaverse land investment
- This Week’s Significant Land Updates to see the important data of the virtual real estate market
- Metaverse Spotlight where you can find hot project updates and more
- Metapoly News to highlight what’s happening in Metapoly
Metapoly is a metaverse bank that focuses on building financial infrastructure for the metaverse. Metapoly creates liquidity and utility for your metaverse assets, through borrowing & lending, leasing, fractionalization, and more.
*Our first product Borrowing & Lending for Otherdeed and USDC is available now on Beta. Check it out and let us know what you think! Visit beta.metapoly.org NOW!
We aim to be the go-to DeFi platform for metaverse land investors and metaverse enthusiasts. Welcome to Metapoly, where we build, invest, and explore the metaverse together!
Let’s dive into it!
🌎 Meta News
Let’s see the news for this week in the metaverse!
- The Story Behind TIME’s Metaverse Cover | Time
- Dubai to ramp up metaverse efforts with 40,000 new jobs
- ApeCoin price eyes 45% rally following Otherside metaverse demo
- 3D NFT marketplace bridges three-dimensional functionality across metaverses
- Nifty News: BAYC hodler loses 100 ETH in ‘joke’ domain sale gone wrong
- The Sandbox Alpha Season 3 — First Glimpse
- Chinese video game developer miHoYo chooses Singapore as base of metaverse unit
- Cristobal Balenciaga NFT To the Moon drop inspired by the founder’s original designs is live
- Epic Games ‘definitely won’t’ follow Minecraft NFT ban
💰 Meta Analytics
In this section, we are collaborating with top analytic tools to bring you data analytics and insights focusing on the metaverse land investment. This week’s analytics data are from WeMeta, a go-to platform for all things metaverse; robust data insights and accessible UI makes it easier than ever to interface with the digital world.
- Blue-chip Land Updates
Now that we are in the third week of July, we are still seeing an unstable trend for our blue-chip virtual lands. But also, we are to commend what we are seeing in Tables 1 and 2, we are seeing great progress compared to last week’s Average Sale Price and Parcel Sales.
For just a week, we are looking at a total of 127.82% increase in the Average Sale Price or the average price of lands sold across a period in Table 1. We can see that almost all of them had an increase, but Decentraland was the most noticeable. In just a week, we are seeing a massive 586.13% increase in their Average Sale Price!
Now, looking at Table 2, we are also seeing good to stable numbers in just a week for the Total Number of Parcel Sales. We are looking at an 808.62% increase and we have to give applause to NFT Worlds for they contributed to most of it and that’s a 47,200.00% increase!
Now in Table 3, which is a month difference from now, we can see great progress and a more stable trend, and hopefully, it will stay like this or even better as the days pass by.
📌 This Week’s Significant Land Updates
In this section, we’ll discuss some of the top metaverse projects from WeMeta and the significant changes they made in the market. Let’s check out their updates, and what moves they made this week!
Decentraland
Decentraland has been in a pretty unstable and downward trend since the previous month, but, looking at this week, we are seeing a big comeback from them in terms of Average Sale Price and Volume. Based on Table 4, we are looking at a 586.13% increase in their average selling price, and in Table 5, a 586.13% increase as well in their Volume or the amount of land, expressed in currency, traded for this period.
If we check Table 6, which are the top selling lands, we are seeing that Decentraland tops the first 7 of this chart, and we can also see that the land that landed in the first place is amounting to $100,000! This will easily explain the upward trend that we are seeing in Table 4 and Table 5, but some might ask, why are people suddenly buying land in Decentraland? When is the last month, we were not?
As we check their recent updates, the reason for this increase is that a lot more big names have started their metaverse journey through Decentraland. Naming some of them are Baby Doge NFTs, DAPP Craft that reconstructed the first moon landing, Lacroix Officiel partying in Decentraland, World of Women in Decentraland, and… Mountain Dew’s HQ in Decentraland!
A lot more to see, and we hope this is just the start!
If we check Table 6, which are the top selling lands, we are seeing that Decentraland tops the first 7 of this chart, and we can also see that the land that landed in the first place is amounting to $100,000! This will easily explain the upward trend that we are seeing in Table 4 and Table 5, but some might ask, why are people suddenly buying land in Decentraland? When is the last month, we were not?
As we check their recent updates, the reason for this increase is that a lot more big names have started their metaverse journey through Decentraland. Naming some of them are Baby Doge NFTs, DAPP Craft that reconstructed the first moon landing, Lacroix Officiel partying in Decentraland, World of Women in Decentraland, and… Mountain Dew’s HQ in Decentraland!
A lot more to see, and we hope this is just the start!
NFT Worlds
Really big progress in terms of numbers for NFT Worlds for this week. Just last week, we also covered them for their continuous downward trend. Still, what a surprising change because by checking on Table 7, within a week, a 47200.00% increase can be seen in their Total Land Sales, and on Table 8, a total of 14421.29% increase for the volume of their land traded in this period.
Although this came as great progress to see, we can connect this increase in land sales and volume with the current news of Minecraft, that blockchain technology is not permitted to be integrated inside the Minecraft client and server applications, nor may they be utilized to create NFTs associated with any in-game content, including worlds, skins, persona items, or other mods; and that includes NFT Worlds being kicked off of Minecraft, thus, looking at Table 9, resulting to its average price continuously going down.
NFT Worlds have recently announced that they will be releasing a plan of action during the weekend, and although there are people who continue to create FUD about them, the supporters are equally supportive and hopeful.
What will be next for NFT Worlds?
- Conclusion
We cannot deny the fact that the metaverse space is still directly affected by the bear market. Although we are still seeing through the MREI that we are still higher than the ETH Price, we continue to see a downward trend in total.
In conclusion to this week’s metaverse analytics, we are seeing how volatile the market can be. But, we are hopeful to see a lot more progress from different projects and developers that continue to build, and hopefully, defeat this bear market.
🧿 Meta Spotlight
This section is reserved for the projects, podcasts, events, or newsletters that are currently trending or worth looking into for everyone in the space!
Project Spotlight
For this week’s newsletter, we will be covering Memeland! As interesting and fun as it sounds, Memeland is 9GAG’s web3 ecosystem, aka Memetaverse (pun intended).
“MEMELAND CAPTAINS” is the main collection of Memeland. It is a collection of 9,999 utility-enabled PFPs. Each Captain unlocks $MEME, private club membership, exclusive access to creator NFT marketplace, IRL events, upcoming Memeland & 9GAG drops, and more.
Recently they just announced the minting date of their new collection called “The Potatoz”. The Potatoz is an affordable entry into the Memeland ecosystem. There is no actual utility announced of The Potatoz just yet, but having one of their NFTs means being part of their “Memetaverse”.
🎙 Metapoly’s Weekly #MetaTalks
For our last week’s #MetaTalks, we invited one of our partners, Index Game, for an AMA session! Index Game is the first Hong Kong metaverse agency officially appointed by The Sandbox. They focus on building experiences for The Sandbox Decentralized Metaverse and designing voxel-based NFT assets, gaming & social experiences.
During our AMA with Index Game, we learned a lot about their vision, mission, and services — such as voxel design, ads, gaming, and social experiences. There’s no doubt why The Sandbox Game has appointed them, for they create an innovative experience for the community. They also shared their experiences as a creator, which is perfect for beginners who would want to take the same path.
Metapoly highly appreciates this partnership, where building in the metaverse is encouraged, and various values are added to the metaverse real estate field by supporting builders and creators.
We also talked about the upcoming launch of our Guardians NFT! Guardian NFTs are also known as Factions NFT, which is part of Metapoly’s roadmap in continuing to benefit Metapoly’s and metaverse’s ecosystem. Join our discord to get more information about its upcoming mint and allow list!
Hope you are enjoying the Weekly Newsletter by Metapoly! We would love to hear from you on any feedback so we can improve along the way. Join the fellow metaverse enthusiasts in the community and start the conversation: https://discord.gg/metapoly
Metapoly is a Metaverse bank that creates liquidity and utility for your metaverse assets.
Borrow & Lend, Stake, Lease, and more.
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