Despite billions of dollars in valuations, companies betting on a metaverse future simply haven't made much headway., the Ethereum-based world Decentraland only had 38 "active users" over a period of 24 hours — a confoundingly low number, especially considering the company has a market cap of a whopping $1.2 billion.
Decentraland pushed back, though, saying that "active users" are defined as unique blockchain wallet addresses that interact with its system. As"DappRadar doesn't track our users, only people interacting with our contracts," Decentraland's creative director Sam Hamilton toldOf course, even 8,000 users on a given day is dismal for something that's supposed to be the future of online communities.
In short, it's a perfect example of the kind of massive disparity between market value and actual users that has been plaguing the Web3 world for years, and could also be indicative of a in appetite for virtual real estate and other blockchain-related assets, including cryptocurrencies and NFTs.Decentraland's Twitter account also attempted to do some damage control, writing that the platform saw "All told, though, none of these numbers really amount to much, given the amount of money being poured into metaverse platforms like Decentraland.
The technology to make it happen is just not here yet
In the meantime we are happily using SecondLife for almost 20 years now, with 40k users on right now. No blockchain, web3 and other crypto nonsense or billions of VC dollars required ... The only thing it lacks (has been tried, though) is VR support.
Hahahahahhahaa
Perfect irony. Zuckerberg living in an alternative reality whilst spending billions on an alternative reality.
Yeah only 38 users. Because it sounded stupid from the get go
Id dont even know what it is
Incentivize open source VR projects in the meta-verse. People can’t afford high end hardware and learning materials for VR software development tools need to be expanded. Advancements are inevitable, but since spatial computing is so contrastingly revolutionary, it will take time
BS. Playstation Home was awesome.
The future will hold many neuroverses
Something I could have told them would happen before they spent the money. What a waste!