NFT EveningNFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
      • Columns
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
      • NFT Launchpad
    • Newsletter
    NFT EveningNFT Evening
    Metaverse

    Home » News » Metaverse » Metaverse Land Sales Are Flying

    Metaverse Land Sales Are Flying

    By OlaDecember 1, 2021Updated:January 31, 20232 Mins Read

    Virtual land in the metaverse is still a big thing in the NFT market. As a matter of fact, buying metaverse land like that in The Sandbox and Decentraland is often a status symbol, as proved by the investors desperate to become Snoop Dogg’s metaverse neighbour.

    Promo Image for The Sandbox Metaverse Land
    Virtual land in The Sandbox is trading above top NFT collections like BAYC and CryptoPunks. Credit: The Sandbox

    The Sandbox Metaverse Land Tops The Ranking of NFT Collections on Opensea

    At the present time, The Sandbox is the number one NFT collection on Opensea’s ranking for the past seven days. To clarify, this points to people buying and selling plots of virtual land on the metaverse platform at an incredible rate.

    As a matter of fact, buyers have spent over 13,000 ETH (about $61 million) on Sandbox land in the past week. Significantly, that is over twice as much sales volume as The Bored Ape Yacht Club over the same time period. BAYC sits at number two on the list.

    While The Sandbox is certainly the best selling, it is not the only metaverse enjoying a big sales period. Indeed, Decentraland also ranks in the top 10 of the same list, coming in at number 7. What’s more, virtual plots sold for millions of dollars in The Sandbox, Decentraland and Axie Infinity last week.

    Cartoon of someone wearing a vr headset to enter the metaverse
    Following Facebook’s rebranding to Meta, interest and excitement around metaverses is at an all time high. Credit: Pixabay

    The Metaverse Continues To Flourish

    Virtual land continues to make waves in the NFT market. All in all, the surge in metaverse land sales is partly led by some big names. For example, Adidas recently purchased land in The Sandbox. The fact that major companies and brands are getting involved is a great sign for the metaverse. Besides the land itself, we’ve also recently seen huge growth from tokens attached to metaverse platforms.

    All in all, it seems that Facebook’s rebrand to Meta started a major wave of interest in the metaverse that is going strong.

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Metaverse landNFT Market
    Previous ArticleGutter Cat Gang and Coinbase NFT Partner Up for a Real-life Golf Tournament
    Next Article My Pet Hooligan NFT is Already Working on a Playable Blockchain Game
    Ola

    Ola is a US-based writer and digital nomad. He loves thinking, learning, and writing about all things Web3, particularly its impact on major creative industries.

    More great NFT Evening content:

    Metaverse Meltdown: Virtual Land Prices Hit a Rough Patch

    May 29, 2023

    Digital Fashion Powerhouses Join Forces to Create a Next-Level Virtual Fashion Universe

    May 17, 2023

    Win a Chance to Own Prime Real-Estate in The Sandbox’s Mega City 3 LAND Sale!

    April 30, 2023

    Fashion Giants Gucci and Vans Collaborate on Roblox Scavenger Hunt

    April 17, 2023

    Ocean Race, Virtual Regatta & Accenture Launch Metaverse Collaboration

    March 30, 2023

    L’Oréal’s Brandstorm Competition Brings You to the Metaverse

    March 23, 2023

    Mutani Brings Phygital Fashion to Metaverse Fashion Week!

    March 16, 2023

    Animoca Brands & Planet Hollywood To Launch Member-Only Club

    March 12, 2023

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Columns
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Job Opportunities
    • About Us
    • Contact Us
    • Newsletter
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version