Week Nr. 1 of our Landsale was success - Week Nr. 2 starts this Thursday.

The highly anticipated first week of the Road to Secondary Land Offering (or Road to SLO in short) has just been finished after 3 days of Dutch auction style selling of 25 waterside M(edium) and XL(arge) parcels.



Waterfront extravaganza

The first week focused on medium and xlarge waterfront parcels (including parcels close to the waterfront). Waterfront parcels are in demand and have seen considerable surges in value in the past months.



Number of sold parcels

A total of 25 parcels were put on auction by Somnium Space and all 25 were sold before the end of the 3-day auction period. The first parcel auctioned was parcel 2899, an XL parcel on the eastern shore of the biggest island in Deep Oasis Lake.

The total amount spent landed on 110 ETH, which is 4.4 ETH on average per parcel.



Rank on OpenSea

Somnium Space climbed the ranks on OpenSea as far as total weekly transaction volume is concerned, which landed on an impressive 224 ETH. This means an overall 4th place.

Link to original: https://somniumtimes.com/2020/03/22/road-to-slo-off-to-a-flying-start-wrap-up-week-1-waterfront-extravaganza/