11-20-2021, 02:07 AM
Decentraland is a dead metaverse and you're gonna be in for a nasty surprise when th
<!-- SC_OFF --><div class="md"><p>I've followed MANA for a while now.</p> <p>Over the last 9 months they've had an average of 200-350 daily active users.</p> <p>For a game that's worth $8bn it's MASSIVELY overvalued.</p> <p>Only this week has their userbase increased to over 1k but I don't see that being sustained due to how expensive Land sales are - which are at a very low volume btw.</p> <p>You can see the active user data yourself here:</p> <p><a href="https://catalyst-monitor.vercel.app/">https://catalyst-monitor.vercel.app/</a></p> <p>Compare this to a game like VRChat who's got 1m daily active users. VRChat is only worth about $1-2bn based on their last funding round.</p> <p>There's no logical reason that a metaverse game with only 0.1% of the userbase of VRChat is worth 4x more than it.</p> <p>This thing pumped due to Zucks little speech, but before that it was never close to it's ath from before. It's a dead metaverse waiting to be dropped.</p> <p>You've been warned.</p> <p>Edit:</p> <p>To be clear. You can't buy fucking VRChat tokens. It's a Non-blockchain project. I'm not shilling VRChat cuz you can't buy it. I'm highlighting just how idiotic Manas market cap is compared to better projects.</p> <p>Edit 2:</p> <p>Both founders have left the project and cashed out the majority if not all of their holdings.</p> <p>Take that as you want.</p> <p>Founders leaving: <a href="https://today.in-24.com/business/amp/130485">https://today.in-24.com/business/amp/130485</a></p> <p><a href="https://ar.linkedin.com/in/eordano">https://ar.linkedin.com/in/eordano</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/wJFq6aE7-zv44wa__gHq"> /u/wJFq6aE7-zv44wa__gHq </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qxogsc/decentraland_is_a_dead_metaverse_and_youre_gonna/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qxogsc/decentraland_is_a_dead_metaverse_and_youre_gonna/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I've followed MANA for a while now.</p> <p>Over the last 9 months they've had an average of 200-350 daily active users.</p> <p>For a game that's worth $8bn it's MASSIVELY overvalued.</p> <p>Only this week has their userbase increased to over 1k but I don't see that being sustained due to how expensive Land sales are - which are at a very low volume btw.</p> <p>You can see the active user data yourself here:</p> <p><a href="https://catalyst-monitor.vercel.app/">https://catalyst-monitor.vercel.app/</a></p> <p>Compare this to a game like VRChat who's got 1m daily active users. VRChat is only worth about $1-2bn based on their last funding round.</p> <p>There's no logical reason that a metaverse game with only 0.1% of the userbase of VRChat is worth 4x more than it.</p> <p>This thing pumped due to Zucks little speech, but before that it was never close to it's ath from before. It's a dead metaverse waiting to be dropped.</p> <p>You've been warned.</p> <p>Edit:</p> <p>To be clear. You can't buy fucking VRChat tokens. It's a Non-blockchain project. I'm not shilling VRChat cuz you can't buy it. I'm highlighting just how idiotic Manas market cap is compared to better projects.</p> <p>Edit 2:</p> <p>Both founders have left the project and cashed out the majority if not all of their holdings.</p> <p>Take that as you want.</p> <p>Founders leaving: <a href="https://today.in-24.com/business/amp/130485">https://today.in-24.com/business/amp/130485</a></p> <p><a href="https://ar.linkedin.com/in/eordano">https://ar.linkedin.com/in/eordano</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/wJFq6aE7-zv44wa__gHq"> /u/wJFq6aE7-zv44wa__gHq </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qxogsc/decentraland_is_a_dead_metaverse_and_youre_gonna/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qxogsc/decentraland_is_a_dead_metaverse_and_youre_gonna/">[comments]</a></span>Kind Regards R