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Social Networks Technology

There is a post from the ghost-town department.

What's going on in the metaverse these days, you might ask. Looking at two of the biggest companies with over $1 billion valuations, the answer is surprising: Not much, or at least not enough to bring users back every day. From a report: According to data from DappRadar, the Ethereum-based virtual world Decentraland had 38 active users in the past 24 hours, while competitor The Sandbox boasted 522 active users in that same time. An active user, according to DappRadar, is defined as a unique wallet address' interaction with the platform's smart contract. For example, logging onto The Sandbox or Decentraland to make a purchase with SAND or MANA, each platform's respective native utility token, is counted as an "active use."

DappRadar's daily active users don't account for people who log in and visit a metaverse platform or attend a virtual fashion week. It's possible that these spaces aren't where people are making transactions. The developer might say "don't hate the player, hate the game" but it's not just a quiet day for the two metaverse platforms. According to Dappradar, the largest number of daily users was 675. The number was bigger for The Sandbox.

Slashdot posted this.

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