Sales that are not related to the metaverse that are not adjusted will rise by 27% in August from the month before, suggesting that people can “slowly sneeaking back to the virtual worlds,” according to an analyst from Dappradar.
There is $ 6.5 million in Metaveverse trading Volume throughout August, down a little since July but came from 13,927 sales, representing a 27% increase since last month, According to In a report published on Thursday.
“This is the 2th month of stable activity, indicating that users can slowly return to virtual worlds such as Sandbox, Mocaverse, Other and Decentrand,” this write In X.
Metaverse saw peak hype in 2021 and 2022, driven by speculation and excitement about what technology has achieved, slowing down in 2023 and More after the initial explosion of fame.
People “returns” to the metaverse
In July, Dappradar recorded sales of $ 6.7 million and a trading volume of 10,900 in the metaverses, a significant jump from just $ 3.7 million in sales and 12,800 in volume in June.
Dappradar’s analyst Sara Gherghelas said the August figures show “Metaverse is not dead yet,” and people appear to be “sneaking back to virtual worlds.”
However, January is still the best month for sales this year, with $ 7.7 million, while April and can be best for trading after a linger of more than 19,000 in each other’s volume.
The platforms dedicated to long -term infrastructure
So far, Gherghel said the leading platforms are focused on developing for the long -term time, with a focus on the infrastructure.
The Sandbox, a subsidiary dedicated to the metaveverse of Hong Kong -based Web3 firm Animoca Brands, had the largest land auction in July. Mocaverse, a web3 ecosystem and NFT project, is preparing to launch the Moca chain, with a testnet expected in this quarter.
At the same time, others, a metaveverse platform developed by Yuga Labs, released tools in the formation of the world world in August.
Decentrand, a 3D Virtual World-based browser, announced a major engine upgrade, and Hytopia, a web3 and metaverse play platform, replaced its $ topia token with the new $ Hybux token. The team also expanded its creator’s fund.
Related: Animoca’s sandbox overhaul as co-founders confirmed new strategic papers
“As volumes continue to remain moderate, the top platforms are moving their focus toward the long -term infrastructure, identity, and creator’s tools,” Gherghelas added.
Metaverse projects are still in the works
Companies are still working on launching metoveverses, with an artificial start of intelligence, endless reality, Getting the Music-Pirating app is turned The Napster’s music streaming service in March with plans to add a music -focused metaverse.
Meanwhile, Donald Trump ownership operations DTTM That -file for trademarks back in Februaryconnected to a metaverse and NFT Marketplace built around the US President brand.
Magazine: Astrology can make you a better crypto entrepreneur: it was preceded
