DappRadar report says the metaverse is still popular amid the bear market
Join Our Telegram channel to stay up to date on breaking news coverage DappRadar, a decentralized application discovery and analysis platform, has issued a report focused on the current state of the metaverse. The report showed that while trade within the metaverse had slowed down this year, there was still a huge interest in the sector. Metaverse is still popular DappRadar’s report looked into the metaverse, the virtual world’s use, and the adoption level. According to DappRadar, the metaverse holds two meanings. One of these is that it refers to a “classical metaverse” relying on Web2 technologies that bring the current gaming and social experiences with online and augmented reality. The other meaning of the metaverse refers to a “blockchain metaverse.” This metaverse permits digital commerce activities in a decentralized way, mainly through non-fungible tokens, for example, virtual real estate. In the report, the firm has also said that ...