{"id":148012,"date":"2022-10-12T09:23:13","date_gmt":"2022-10-12T14:23:13","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/10\/1-2-billion-metaverse-horrified"},"modified":"2022-10-12T09:23:13","modified_gmt":"2022-10-12T14:23:13","slug":"1-2-billion-metaverse-horrified","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/10\/1-2-billion-metaverse-horrified","title":{"rendered":"$1.2 Billion Metaverse Horrified"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/1-2-billion-metaverse-horrified2.jpg\"><\/a><\/p>\n<p>Metaverse project Decentraland, a sandbox environment that allows users to buy and sell virtual real estate, isn\u2019t exactly teeming with people. Despite billions of dollars in valuations, companies betting on a metaverse future simply haven\u2019t made much headway.<\/p>\n<p>In fact, <a href=\"https:\/\/www.coindesk.com\/web3\/2022\/10\/07\/its-lonely-in-the-metaverse-decentralands-38-daily-active-users-in-a-13b-ecosystem\/\" class=\"\">according to data aggregator DappRadar<\/a>, the Ethereum-based world Decentraland only had 38 \u201cactive users\u201d over a period of 24 hours \u2014 a confoundingly low number, especially considering the company has a market cap of a whopping $1.2 billion.<\/p>\n<p>Decentraland pushed back, though, saying that \u201cactive users\u201d are defined as unique blockchain wallet addresses that interact with its system. As <a href=\"https:\/\/www.coindesk.com\/web3\/2022\/10\/07\/its-lonely-in-the-metaverse-decentralands-38-daily-active-users-in-a-13b-ecosystem\/\" class=\"\"><em>CoinDesk<\/em> explains<\/a>, that means users who simply log in to chat or interact with others aren\u2019t being counted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metaverse project Decentraland, a sandbox environment that allows users to buy and sell virtual real estate, isn\u2019t exactly teeming with people. Despite billions of dollars in valuations, companies betting on a metaverse future simply haven\u2019t made much headway. In fact, according to data aggregator DappRadar, the Ethereum-based world Decentraland only had 38 \u201cactive users\u201d over [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3818,1761],"tags":[],"class_list":["post-148012","post","type-post","status-publish","format-standard","hentry","category-blockchains","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/148012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=148012"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/148012\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=148012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=148012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=148012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}