The number of active users participating in the Decentraland Metaverse game has dropped to an all-time low. This information is based on statistics from DappRadar, a well-known Web3 data monitoring site. In addition, statistics show that the situation is incredibly dire. It also makes it clear that the Metaverse field has not been used recently.
Decentraland Has A Big Drop In The Number Of Active Users!
Decentraland Metaverse User Count Drops To AllbTime Low
DappRadar tracking statistics revealed that there were only 42 active users in the last 24 hours. However, Decentraland quickly responded to the latest figures, labeling the figures as misinformation. Instead, he explained that they are offering their own statistics and data to back up more users.
The data from DappRadar stunned everyone. It has also raised concerns in companies that want to invest in Decentraland Metaverse. Combining NFTs, virtual terrain and Metaverse technology, the Metaverse company is valued at over $1 billion. But these valuations will certainly change if the statistics are correct. In particular, active users are known to spend in-game using Decentraland’s cryptocurrency MANA. This low user count has determined that very few of these transactions occur.
Decentraland sits pretty quietly on the subReddit with almost no participation. The post that incorrectly tagged DappRadar figures received only ten interactions in one day. Interestingly, half of these interactions confirm the view of low Decentraland active user statistics.
Decentraland has denied these low user claims. In a tweet, Decentraland clarified about the controversy surrounding the number of active daily users. “Recently, there has been a lot of misinformation about the number of active users of Decentraland ,” the statement said. Some websites only track certain smart contract transactions. However, it reports them as daily active user DAUs, which is incorrect data’ was written.
Data Will Exacerbate The Problem!
Metaverse initiatives have gained momentum recently. Companies are deepening their Web3 and Metaverse research. However, the latest data will slow down companies a bit. The most important reason for this is the instability of the market and the reports reveal that the number of users is decreasing. These reports have now been refuted. However, the coming months will reveal clearer results to see the accuracy or inaccuracy of these reports.
There are also downward trends in the NFT field. However, initiatives are experiencing a large increase compared to the data. These initiatives may experience great pricing in the long run. That’s why investors continue to explore NFT technology. It is very important for the future of the sector that the researches increase and increase despite the decline of the market.