There was a serious uplift within the Web3 metaverse house, with a number of tokens recording vital highs in November.
Listed below are a number of the most notable developments within the metaverse crypto scene: Decentraland launched its official desktop app, The Sandbox hosted its largest reward season, and Floki additional delayed its extremely anticipated metaverse sport.
Decentraland Launches Desktop Utility
The metaverse platform Decentraland launched its official desktop app in October – Decentraland 2.0. Beforehand, the platform was solely accessible via an internet browser.
The desktop utility was launched for each Home windows and macOS, making the digital world extra accessible to customers.
Following this launch, Decentraland hosted its annual music occasion on the brand new and improved digital house. A number of notable musicians carried out on the occasion, together with standard EDM artist ‘Whipped Cream’.
These developments noticed growing engagement within the metaverse platform, which was mirrored in MANA’s market efficiency. The token surged by practically 100% in November, reaching its highest worth in over six months.
The Sandbox (SAND) Surges Practically 150% in a Month
Metaverse exercise strongly picked up in November, as The Sandbox’s SAND token surged over 140% this month. SAND is at present the third largest metaverse token in accordance with CoinGecko.
This current surge is probably going being pushed by the platform’s Alpha Season 4. The Sandbox introduced its largest reward pool ever this season, with a $2.5 million SAND reward obtainable for contributors.
Customers would obtain these rewards via numerous quests and challenges on the metaverse. A number of main manufacturers and video games contributed to creating these challenges. These included manufacturers resembling Playboy, Deep Sea, Voice, and Hellboy amongst others.
These initiatives influenced elevated engagement on The Sandbox, driving SAND’s buying and selling quantity to $1.91 billion.
Meme coin mission Floki has delayed the mainnet launch of its play-to-earn sport, Valhalla, to early 2025. The sport was initially set for launch this November.
Based on the most recent announcement, the multiplayer metaverse mission will now launch in Q1 2025. Floki has developed the sport over three years to enhance meme coin’s utility. The delay offers the workforce extra time to collaborate with auditing companions.
“To ensure absolute safety of assets and users within the Valhalla ecosystem, we commissioned two of the most respected auditors in this space—Hacken and OpenZeppelin—to review the Valhalla contracts prior to mainnet launch. They recently made a number of suggestions that will help further enhance the security of the platform and safety of users and assets within the Valhalla ecosystem,” Floki wrote on X (previously Twitter).
Nonetheless, the announcement noticed FLOKI’s worth drop practically 3% on Tuesday. Floki acknowledged that it goals to make sure a easy launch by extending the timeline.
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