Is it that lonely in the Metaverse? Platforms speak out about daily active users
Join Our Telegram channel to stay up to date on breaking news coverage Data, whether on-chain or off-chain, is an extremely valuable commodity in a virtual future ruled by the metaverse. However, interpreting that data can be difficult. A recent CoinDesk article cited figures shared by decentralized finance (DeFi) analytic firm DappRadar as an example. On October 7, it was reported that popular metaverse Decentraland had 38 daily active users (DAU), while rival The Sandbox had 522 DAUs. Nonetheless, they have billion-dollar valuations. The CoinDesk headline, “It’s Lonely in the Metaverse: DappRadar Data Suggests Decentraland Has 38 ‘Daily Active’ Users in $1.3B Ecosystem” , sparked some backlash, particularly from the projects themselves, which have moved to clarify their user statistics. As a result, the article has been updated several times to provide a more complete picture of usage within Decentraland and The Sandbox. In a blog post, Da...