DecentralandA lonely metaverse as Sandbox, Decentraland active users drop
Credit: InvezzInvezz
•10 days ago
The metaverse, one of the pillars of the blockchain industry, has lost traction in the past few months as the crypto winter continues. Most of the flagship metaverse platforms have seen their users and their tokens plummet by double digits.
Trained AI Editor
According to a report from DappRadar, Decentraland's daily active users dropped by more than 40% over the past month, with the virtual world's user base currently standing at just over 8,000. This is a stark contrast from its high of over 30,000 users just a few months ago, leaving the once vibrant metaverse feeling more and more like a lonely sandbox.
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Frequently asked questions
What is a metaverse?
A metaverse is a virtual world, typically accessed through a virtual reality interface, that is populated by avatars and users who can interact with each other and the environment.
What is Decentraland?
Decentraland is an open-source virtual world where users can create, own, and monetize content and applications. It is powered by Ethereum blockchain technology.
How can users interact with each other in Decentraland?
Users can interact with each other in Decentraland through a variety of activities, such as trading, creating content, and exploring the virtual world.
Why have Decentraland active users been dropping?
Decentraland active users have been dropping due to a lack of content and applications, as well as a lack of user engagement. Additionally, the recent pricing of Decentraland's virtual land has made it more difficult for users to afford to invest in the platform.
What is Landindex?
Landindex is the world’s most trusted and accurate source for Metaverse market information, pricing, and data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics. Landindex is a U.S. company registered in the United States of America. Landindex has been the premier price-tracking website for Metaverse sales and acquisitions, including those in the Metaverse. It is the most referenced and trusted source for comparing thousands of land properties, including those within Metaverse, in the real estate space by users, institutions, and media. Landindex firmly stands for accurate, timely, and unbiased information, enabling each end user to draw their own informed conclusions from Landindex data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics.
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