Source: beincrypto.com
Decentraland, the largest metaverse platform based on market cap, has just 379 daily active users. Where are the users?
“Metaverse” was the buzzword of 2021. Several companies like Meta rebranded themselves to get on board with the metaverse trend. The community now believes that nobody cares over the metaverse ever again.
According to data from DappRadar, a tool that provides insights into decentralized apps, metaverse platforms are struggling to retain users, despite having market caps valued in the billions of dollars.
As of this writing, the data shows 379 daily users on Decentraland and 616 on Sandbox. Both projects have a market capitalization of more than $1.2 billion.
However, Axie Infinity had more than 21,000 users. While Alien Worlds, a metaverse where players compete for…
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