The value of Decentraland’s MANA token has fallen dramatically since the lofty heights of the bear market, and has now fallen 93% since its all-time high 12 months ago.
The waning market share of Decentraland and the MANA token
Over the course of the last few years, the market share of Decentraland has dramatically declined thanks to newer metaverses coming onto the market with better bandwidth, graphics, more features and utility, and play to earn rewards.
Notably, the Sandbox and Axie Infinity have made significant progress in their mission to dethrone the old hegemon, and both of them grew to be some of the best performing assets throughout the entirety of the previous bull market.
These new contenders were able to accrue significant market share, and even overtake the market cap of MANA, despite the institutional support that the MANA token has been able to find.
RobotEra may have far more potential
Given the relative sizes of the market caps, it could well be the case that RobotEra has far more potential to grow as a project moving forward.
Giants such as Decentraland and the Sandbox have already accrued billions in market cap, and in many cases have already reached the point of market saturation.
The cost of buying a home has climbed by 45% from 2010
What about buying a house in the metaverse instead?
#RobotEra provides an opportunity to
✅ Create your own land
✅ Build cities
✅ Collaborate with other NFT communities
Join now ➡️ https://t.co/UJ3inonrXH
— RobotEra (@robotera_io) November 17, 2022
Over the course of the last few years, more and more NFT artists have decided to host events in various metaverses – rappers have performed in metaverses and artists have showcased their work there.
However, RobotEra is a metaverse that was designed with this world specifically in mind, and seeks to capture a lot of value that wasn’t specifically taken into consideration when previous metaverses were designed.
Users of the platform can build entire cities, and make use of tooling that is more directly built with community management and expansion in mind.
The RobotEra presale is currently live
The RobotEra presale is now live on their website, and has been selling out extremely quickly with more than $100k now raised.
Those who want to participate in the project at its earliest stage can now do so by capitalising on the growth of the project before further price rises.
Given that the presale is being conducted in a series of stages, those who partake at the earliest levels will be able to benefit the most from RobotEra.
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