{"id":14437,"date":"2022-10-11T21:50:43","date_gmt":"2022-10-11T21:50:43","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/metaverse\/decentraland-feels-the-heat-amid-latest-media-witch-hunt\/"},"modified":"2022-10-11T21:50:44","modified_gmt":"2022-10-11T21:50:44","slug":"decentraland-feels-the-heat-amid-latest-media-witch-hunt","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/metaverse\/decentraland-feels-the-heat-amid-latest-media-witch-hunt\/","title":{"rendered":"Decentraland Feels the Heat Amid Latest Media Witch Hunt"},"content":{"rendered":"
Over recent weeks, the media witch hunt against Web3 and NFTs has taken a turn for the brutal, its latest manifestation seeing Decentraland<\/a> caught in the crosshairs of dubiously interpreted statistics.<\/p>\n Earlier this month, NFT doomsayers latched onto the figures provided by DappRadar\u2019s excellent Web3 charts. As a result, taking in the woefully low \u2018users\u2019 number<\/strong> and using it to spearhead an Web3 derision campaign in order to arrive at its number, DappRadar requires users to log in and make a transaction within the platform. Therefore, only recording those that make a purchase within Decentraland using the native $MANA token.<\/p>\n In reality however, most of Decentraland\u2019s visitors will not make transactions while engaging with the virtual world, seeing the majority of purchases occur off-chain in Ether while a number of high-profile branding exercises do not require physical transactions at all. In addition, a large portion of its userbase engages with Decentral Games\u2019 Ice Poker destinations, which use their own $ICE utility token.<\/p>\n What we track there is explained in your screenshot \u2013 on-chain interactions (transactions). Having said that, we understand on-chain is not telling the complete story for every dapp, that\u2019s something we are actively working on. The future is a combination of on & off chain data<\/p>\n \u2014 Skirmantas Janu\u0161kas (@SJanuskas) October 8, 2022<\/a><\/p>\n<\/blockquote>\n According to Decentraland\u2019s own data, the platform receives approximately 6,999 unique users<\/strong> per day. Therefore, demonstrating a huge disparity depending on the information used. All in all, statistics can prove a useful tool in gauging interest in a platform, however, they remain as-ever open to misinterpretation.<\/p>\n Want more? <\/b><\/p>\n\n