$1.2B of market cap in circulation and $1.4B of fully diluted MC as of Jan 27, 2023. According to dAppRadar for on-Chain activity, MANA has 550 active users on average per week that perform transaction on chain. The actual number of users might be closer to 8000 according to the company claims. They generated around $30M of revenue per year in the last year. These numbers are disputed by the community which claim daily active users is closer to 38.

Meanwhile, Ubisoft total market cap is $2.5B for around 117M daily active players generating $2.37B of revenue.

With these numbers, it is very difficult to comprehend why the $1.4B is warranted. It is very unlikely Facebook or other companies would attempt to buy Decentraland, which is most likely the reason why metaverse projects have been overvalued so much since 2021. Show Less

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