Decentraland (MANA), one of the world’s major metaverse platforms, has clarified its number of Daily Active Users (DAU). This comes following claims that the platform’s DAUs had dropped below 1000.

Indeed, according to this Coin Desk report, which used Dapp Radar statistics, Decentraland had as little as 38 Daily Active Users at one point.

Lately, there has been a lot of misinformation on the number of active users of Decentraland. Some websites are tracking only specific smart contract transactions but reporting them as daily active users DAU, which is inaccurate.

— Decentraland (@decentraland) October 7, 2022

This is unquestionably little for a platform worth more than $1 billion. Nonetheless, the metaverse platform expressed worry that these data are inaccurate, and it released its own measurements to explain the situation.

While refuting the facts on Dapp Radar and other P2E gaming outlets, Decentraland expressed worry that a lot of “misinformation” regarding the platform’s daily active users has been spreading recently.

The Ethereum-based metaverse platform said that the inequalities were so pronounced because Dapp Radar and other platforms exclusively tracked data on individual smart contracts. Decentraland noted that, while not wholly incorrect, this does not convey the true picture.

Decentraland published a thorough examination of what it believes to be the genuine status of platform interactions.

Instead of just providing us with the actual amount of DAUs, the platform chose to offer a broad-based data set encompassing most of September. To begin, there were around 56,697 monthly active users in September.

Let's have a look at some of September's data:56,697 MAU1,074 Users interacting with smart contracts1,732 minted Emotes6,315 sold Wearables300 Creators received royalties161 created Community Events 148 DAO Proposals

— Decentraland (@decentraland) October 7, 2022

Furthermore, the decentralized virtual platform revealed that 1074 individuals were engaging with smart contracts concurrently. Surprisingly, Dapp Radar’s DAU estimations frequently rely on the number of users interacting with smart contracts.

Based on the platform numbers, it’s easy to see why the dApp tracking website concluded that just 39 users visited Decentraland on any given day. The metaverse platform, on the other hand, defines a Daily Active User in a different way.

It contends that a daily active user is someone who logs into Decentraland and subsequently leaves a parcel. It makes no difference how much time they spend there. They will be counted in the DAU figures as long as they log in and move about.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News