Connect with us
Metaverse land sales down 98 since November 2021 Metaverse land sales down 98 since November 2021

News

Metaverse land sales down 98% since November 2021

Published

on

In 2021, virtual land trading volumes in the Metaverse industry broke all records. But since then, the scale of sales has dipped by 98%, which is largely due to the global bearish trend in the market. According to reports from Delphi Digital, trading volumes peaked in November 2021 at $8 billion.

Metaverse land sales down 98% since November 2021

In the past, the virtual earth in the metaverse was announced as a global Web3 innovation. This aroused a clear interest from investors who sought to acquire first-class land. Many have also been involved in the Metaverse in the hope of making real profits in a virtual world where they can play, trade digital assets, and trade items.

Metaverse land sales down 98% since November 2021

It is noteworthy that the decline in trading volume followed even despite the active cash injections into the metaverses, which were initiated by such giants as Meta*. A number of analysts attribute the general decline in the development of the Metaverse theme to stagnation in the cryptocurrency market, as well as in the global economy in general.

According to data provided by The Information, the average price for a piece of virtual land has fallen by more than 66%. The publication notes that prices fell after a serious fall in the cryptocurrency and NFT market. Many buyers of metaverse real estate bought it in the hope that they would rent it out or sell it to companies looking to build their own real estate in the virtual world.

According to jobs researcher Revelio Labs, jobs in the Metaverse space declined more than 81% last quarter between April and June. Of course, this drop coincided with a wider market crash in the crypto space.

But in general, according to experts, the theme of the metaverses will continue to develop, just not at the impressive pace that it was before. As evidence, they cite statistics according to which, as of September 6, 2022, over 4,000 trademarks have been registered in the United States that are associated with the Metaverse industry. Large brands and institutional investors still support active demand in this segment.

Click to comment

Leave a Reply

Your email address will not be published.

News

Updated Subaru Outback went on sale in the US. Base version with 2.5L engine is priced at $28,395

Published

on

Updated Subaru Outback went on sale in the US Base

In the US, sales of the updated Subaru Outback started. The cross-station wagon of the 2023 model year has experienced a “facelift”: the front has changed a little, full LED headlights have appeared, and the wheel arches have widened. The Onyx Edition is now available with both engine options, and the graphical interface of Starlink’s proprietary infotainment system has changed somewhat.

Updated Subaru Outback went on sale in the US.  Base version with 2.5L engine is priced at $28,395

The base 2023 Subaru Outback is priced at $28,395 in the US, with the most expensive variant at $42,295. In total, the car has eight trim levels: Premium, Onyx Edition, Limited, Touring, Onyx Edition XT, Wilderness, Limited XT and Touring XT.

Updated Subaru Outback went on sale in the US.  Base version with 2.5L engine is priced at $28,395

The cross-station wagon is equipped exclusively with a variator, but there are two engines. Basic – with a volume of 2.5 liters and a power of 182 hp. The XT version is equipped with a 2.4-liter turbocharged engine with a capacity of 260 hp.

The base equipment of the Subaru Outback 2023 includes two 7.0-inch touch screens: for the infotainment system and the lower unit for climate control. Also in the database are proprietary X-Mode Terrain Assist and EyeSight systems. As for the more expensive versions equipped with a screen with a diagonal of 11.6 inches, such a system already supports Apple CarPlay and Android Auto protocols by default.

Updated Subaru Outback went on sale in the US.  Base version with 2.5L engine is priced at $28,395

The Outback is the second most popular Subaru model in the US. Between January and November 2022, 132,465 of these cars were sold. In first place is the Subaru Crosstrek with sales of 141,651. The brand’s third best-selling vehicle in the US is the Forester SUV.

Continue Reading

Tablets

6000 mAh, 2K screen, 8 MP, LTE, metal body, lots of memory for $115. Alldocube iPlay 50 Pro tablet launched in China

Published

on

6000 mAh 2K screen 8 MP LTE metal body lots

The Redmi Pad tablet has a competitor in China: sales of the Alldocube iPlay 50 Pro tablet computer with similar characteristics, but at a much lower price – only $ 115, have started in China.

6000 mAh, 2K screen, 8 MP, LTE, metal body, lots of memory for $115.  Alldocube iPlay 50 Pro tablet launched in China

Alldocube iPlay 50 Pro is based on SoC MediaTek Helio G99, equipped with an LTE modem (there are slots for two SIM cards) and by default has 8 GB of RAM (LPDDR4X) and 128 GB of flash memory (UFS2.1. The device is made in a metal case with a thickness of 8 .44 mm Weight is 466 grams.

6000 mAh, 2K screen, 8 MP, LTE, metal body, lots of memory for $115.  Alldocube iPlay 50 Pro tablet launched in China

The IPS display with a diagonal of 10.4 inches is characterized by a resolution of 2000 x 1200 pixels. The battery capacity was 6000 mAh, it supports 18W charging. The front camera of the device is 5-megapixel, the main one is with an 8-megapixel sensor. The OS is Android 12.

Continue Reading

Phones

Gaming phones will die in 2023. So says the head of Redmi

Published

on

Gaming phones will die in 2023 So says the head

The head of Xiaomi Group China and the head of the Redmi brand, Liu Weibing, noted an interesting message on the Weibo social network: in his opinion, gaming phones will disappear as a class.

Gaming phones will die in 2023.  So says the head of Redmi

The capabilities of the new Xiaomi 13 flagships led him to these thoughts: these are not gaming models, but directly in games (the company has already conducted tests for both performance and heating), they are in no way inferior to phones aimed at mobile gamers. “In 2023, you don’t need a gaming phone anymore, the gaming phone is doomed to die“, – quotes the Chinese source of the word Liu Weibing.

Interestingly, Redmi itself has been actively releasing gaming phones. Suffice it to recall Redmi K40 Gaming Edition or Redmi K50 Gaming. But, judging by the words of the head of the brand, the new generation of Redmi K60 flagships will no longer have a gaming model.

Continue Reading

Most Popular