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Home»Metaverse»Decentralized and active users at an all-time low
The picture shows Decentraland Metaverse which uses the token MANA active usera
Metaverse

Decentralized and active users at an all-time low

2023-07-08No Comments2 Mins Read
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In surprising news, the number of active users participating in the Decentraland metaverse game is at an all-time low. This information comes from statistics from DappRadar, a respected web3 data tracking site. In fact, the statistics suggest that the situation is incredibly dire and show that the metaverse space is essentially unused.

Today, DappRadar’s tracking stats show that there have been only 42 active users in the last 24 hours. However, Decentraland reacted quickly to the latest figures and labeled the figures as ‘misinformation’. Instead, they offer their own statistics and data to support a larger number of users. So, how many people are using Decentraland and why are Decentraland users disappearing?

The image shows Decentraland Metaverse using the MANA active usera token
According to statistics from DappRadar, Decentraland has fewer than 50 active users per day.

Are active users of Decentraland disappearing?

The data from DappRadar is astonishing and will certainly cause concern among companies looking to invest in the Decentraland metaverse. The metaverse company that combines NFTs, virtual land and metaverse technology has a valuation of more than $1 billion, but if the stats are correct, that could change. Particularly oneActive users have been found spending money in-game using Decentraland’s cryptocurrency, MANA.

Significantly, the Decentraland subReddit is also remarkably quiet, with barely any involvement. A post describing the DappRadar numbers as inaccurate has generated just 10 responses in more than a day. Interestingly, half of them confirm the opinion of the low Decentraland active user statistics.

Decentraland solves user problems

However, Decentraland has refuted these low user claims. In a tweet, Decentraland spoke about the controversy surrounding the number of active daily users “Lately there has been a lot of misinformation about the number of active users of Decentraland. Some websites only track specific smart contract transactions but report them as daily active user DAU, which is inaccurate.

In the coming months it will be interesting to see what happens and whether DappRadar’s statistics are correct. If the low active user stats are correct, it could have huge ramifications for the future of this metaverse game project.

See also  Xbox plans to adopt crypto? This could increase Ethereum's active user base tenfold...

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