Republic Realm’s monthly report continues the Annual report’s data-driven analysis of land sales in key metaverses, as well as closely covers projects and trends shaping the industry.
A Taste of What’s in Republic Realm’s January 2022 Metaverse Report:
Top 5 things you need to know:
The crypto market turned bearish in January–but popular NFTs, including The Sandbox’s LAND parcels, retained their value more than Layer 1 blockchain tokens such as Ethereum and Solana.
The Sandbox metaverse is releasing a “metaverse accelerator” to support the next generation of metaverse entrepreneurs with $50 million.
Tech giant Microsoft, developer of the AR HoloLens device, acquired Activision Blizzard for $69 billion and Sony acquired Destiny developer Bungie for $3.6 billion. Metaverse games and projects remain among the most popular NFT offerings, and the video game industry continues to consolidate.
The metaverse sector continued to experience tremendous expansion, with the number of land units sold increasing by 364% from 2,831 in January 2021 to 13,798 in January 2022.
2022 Outlook & The “Big Four” Metaverses
2022 is set to be a defining moment in metaverse development. There will be a larger variety of experiences built for decentralized metaverses than ever before, thanks to significant updates and launches from titles like The Sandbox, Star Atlas, Illuvium, Polka City, and My Neighbor Alice. This year, interest in metaverses manifested in a great number of new owners of decentralized land. The Sandbox's landowner count has increased by 323% since this time last year, as its land releases have been purchased by investors, partners, and individuals alike...........