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    QONEQT in Crypto News

    11-Oct-2022 06:35 AM


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    Metaverse platforms refute 'misinformation' about daily active users

    Blockchain-based Metaverse projects Decentraland ( ) and Sandbox ( ) have hit back at reports suggesting low daily user activity on platforms, arguing a “misinformed” metric was used to measure each of the platforms' Daily Active Users (DAU).

    Related: Metaverse promises: Future of Web3 or just a market gimmick?
    The controversy comes as even the most legitimate Metaverse projects face unprecedented pressures in the current bear market — which has caused a steep drop in token prices.

    Decentraland’s MANA is currently priced at $0.65, down 88.8% from its all-time high (ATH) of $5.85 with a market cap of $1.43 billion.
    Both MANA and SAND are down more than 5% over the last 24 hours.
    Source: Cointelegraph
    #Metaverse