Ethereum-based metaverse platforms Decentraland and Sandbox have responded to claims made by customers on Twitter concerning the every day lively customers (DAU) on the platforms.
30 DAU with billions in valuation?
It began with a tweet final week from one of many knowledge aggregators. As per the tweet, Decentraland had a mere 30 DAU.
Customers had been fast to right this declare. One consumer cited knowledge from Decentraland’s Github catalyst monitor to point out greater than 500 lively customers on the platform.
One other Twitter consumer identified that the info shared solely mirrored the variety of customers who interacted with the contract on-chain. “You don’t must work together with the contract whenever you launch and play Decentraland in your PC, until you make a purchase order” the tweet learn.
Effectively, the accuracy of those claims relies on how one defines what constitutes an lively consumer on these platforms.
Response by Decentraland and Sandbox
Decentraland quickly corrected the “misinformation” concerning its DAU. The platform advisable that each one knowledge about its consumer stats be derived from one in every of its DAO grantees, DCL Metrics.
Decentraland additionally supplied an correct model of consumer stats for the month of September, as per which it noticed greater than 56,000 month-to-month lively customers, and 1,074 customers interacting with good contracts.
Given the controversy round Decentraland’s DAU, customers additionally identified that the numbers for rival Sandbox had been questionable as effectively.
On the time of writing, knowledge from DappRadar’s confirmed a bit of over 600 customers prior to now 24 hours. The gaming platform has a market capitalization of $1.18 billion.
Sandbox additionally provided its model of on-chain metrics, as per which it recorded 39,000 DAU together with 200,000 month-to-month customers.
Sandbox CEO Arthur Madrid weighed in on the controversy, clarifying that on-chain transactions don’t imply lively customers.
The crypto subreddit additionally acquired concerned within the DAU debate. Redditors had been fast to match the Web3 platform with their Web2 equivalents like Second Life.
Some Redditors additionally identified the losses that they had incurred in Decentraland by buying land within the recreation throughout final yr’s bull run.
Play-to-earn video games initially attracted quite a lot of customers with the prospect of incomes crypto however this yr’s bear market has affected the recognition of such platforms.
This text first appeared on AMBCrypto
Right here’s How To Keep Up To Date On Crypto With CRU Information Desk!
For the perfect exchanges, try our prime change information.
Join our bi-weekly publication for information and unique evaluation.
Follow CRU News Desk on Twitter for our newest articles and Twitter unique threads.
Find out about Bitcoin, Ethereum, and a lot extra on the CryptosRus Academy.
Keep updated with George on Tik Tok, Instagram, and his model new clips channel.