A lonely metaverse as Sandbox, Decentraland active users drop

A lonely metaverse as Sandbox, Decentraland active users dropCredit: Invezz

Invezz

17 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.

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According to a recent report, the number of daily active users on Decentraland — a virtual world that can be explored and interacted with like a 3D sandbox game — dropped by nearly 50% in June compared to the previous month. This is largely attributed to the launch of the new blockchain-based game “CryptoVoxels”, which has become a popular alternative for gamers who are looking for a virtual world experience.

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Frequently asked questions

What is the Decentraland metaverse?

Decentraland is a virtual world where users can create, own, and monetize virtual real estate and content.

Why has the active user base of Decentraland dropped?

The active user base of Decentraland has dropped due to a variety of factors, including lack of compelling content, lack of new user incentives, and technological issues.

How can the Decentraland metaverse become less lonely?

The Decentraland metaverse can become less lonely by creating more compelling content, offering new user incentives, and improving the technological infrastructure.

What role can the sandbox play in addressing the issue of a lonely metaverse?

The sandbox can help create a more vibrant user experience by enabling users to create their own content and experiences

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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