Despite reports of low numbers of unique active wallets on Decentraland, the metaverse hype, investment, and development continue.

The ecosystem is bullish on the metaverse, despite the numbers. On October 11, a preliminary interpretation of the DappRadar numbers showed that Decentraland, one of the most hyped metaverses on Web3, had very little engagement. The community was shocked by the numbers because the platform is currently valued at $1.2 billion in the market. DappRadar and Decentraland both confirmed that the initial report's published number of fewer than 40 unique active wallets (UAW) did not accurately reflect network activity. UAW is just over 600 at the time of writing, according to DappRadar's tracker. Following the incident, a DappRadar report revealed that metaverse projects and blockchain games raised $1.3 billion in the third fiscal quarter. What, on the other hand, keeps investors coming back for more of the metaverse if user engagement is low? Cointelegraph talked to Decentraland, DappRadar, and Animoca Brands, a well-known metaverse investor, to learn more about what draws investors back.