Metaverse operations fall even though they maintain their popularity
Last year's digital economy suffered significant pressures and falls, where crypto assets such as NFTs were somewhat affected, affecting the stability of the metaverse. The economic transactions related to the metaverse have fallen by 90% from the middle of the year to now, even though the investment initiative and taste for the metaverse prevail.
These operations experienced these falls due to the low influx of active users in environments such as Meta and Decentraland, according to speculation by media with great experience and credibility in the medium.
NFTs are the crypto assets that are affected the most because they are used in the metaverse environments, which have decreased their sales concerning the Meta, causing falls in the values of the assets and disappointment in active users and those who want to start in the virtual world of the Meta. If you are new in the field of Crypto trading, visit bitcoin profit to learn more!
The fall of cryptocurrencies affects operations in the metaverse:
One of the most direct aspects that have affected the value and growth of operations in the metaverse, is the sharp decline in cryptocurrencies more than the disinterest and participation of users.
Of all the metaverse environments, only a dozen, the most important, are experiencing economic problems because they have not had an exit from their NFTs in recent months.
The fact that cryptocurrencies affect these investments is because non-fungible tokens are part of the blockchain; that is, they are also considered cryptocurrencies, with the difference that they have physical assets that support them.
Besides Yuda Labs, The Sandbox, and NFT Words, their sales fell by more than 80% after registering the highest token sales within the digital market.
Despite these falls, little by little, they have recovered and gained credibility again by attracting more users and working to re-establish the value of operations related to the metaverse.
In addition, specific environments offer new and exciting activities, such as very innovative and interactive games, which attract more people to become interested and become part of the investment in the tokens in question.
Falls in operations devalue virtual subdivisions.
Some information media from the metaverse market have given the scoop that since the devaluation of the NFT, the digital subdivisions have been devalued in a large proportion, up to 90% of their value, thus causing a significant decrease in operations proportion.
Most of the digital assets considered as real estate that are part of the metaverse are in a crisis of stability of their values, placing themselves on a par with the bearish trends of the cryptographic markets.
According to DappRada, the metaverse only has an average of 50 active users per day in environments like Decentraland, which could be more advantageous for NFT operations since there should be thousands of people actively participating in this platform.
There may be users who interact on this platform. Still, there is no record since the monitoring and control tool only stores information on people who use Blockchain technology, that is, who invest and carry out operations; otherwise, there will be no active user registration.
The metaverse project is one of Zuckerberg's most significant challenges, which still needs to be fully completed. It will continue to grow constantly as more and more users, companies, countries, and others request licenses to recreate their environments in the same.
It is considered the digital market of NFTs, which is not spared from bearish crises but offers many possibilities and investment benefits with this type of cryptocurrency.
In the future, the operations carried out in the metaverse will be of great value because success will be a sure thing as the number of active users increases and the investments increase their reference index.
The technology only seeks the improvement and digitization of the processes concerning daily life with the metaverse, in addition to the possibility of making profits easily and quickly just by investing and carrying out operations within it.
Metaverse is the same as financial profitability, despite the risks of investing in cryptocurrencies. Still, with some luck, you can obtain the multiplication of our invested capital, enjoying good profits to extract them and be exchanged on the exchange platforms or reinvested.
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