Metaverse future: Will the virtual industry come back to life?

After launch, Decentraland held its annual music event on the new and improved virtual space. Many famous artists performed at the event, including famous EDM artist ‘Whipped Cream’.

These developments have seen increased participation in the platform metaverse, which is reflected in MANA’s market performance. The token increased nearly 100% in November, reaching its highest price in more than six months.

The Sandbox’s SAND Increases Nearly 150% in One Month

Metaverse activity has exploded in November, as The Sandbox’s SAND token surged over 140% this month. Currently, SAND is the 3rd largest metaverse Token according to CoinGecko.

The recent growth may be driven by Alpha Season 4 of this platform. The Sandbox has announced its biggest prize pool to date this season, with 2.5 million SAND up for grabs for participants.

Users will receive these rewards through many quests and challenges across the metaverse. Many major brands and games have contributed to the creation of these challenges. Includes brands such as Playboy, Deep Sea, Voice, and Hellboy among many others.

These initiatives have generated a surge in transactions on The Sandbox, pushing SAND’s trading volume to $1.91 billion.

Meme Coin project Floki has delayed the mainnet launch of its play-to-earn game, Valhalla, until early 2025. The game was originally scheduled to launch this November.

According to the latest announcement, this multi-player metaverse project will launch in the first quarter of 2025. Floki has been developing this game for three years to enhance the usefulness of Meme Coin. The delay gives the team more time to cooperate with audit partners.

“To ensure the absolute security of assets and users in the Valhalla system, we asked the two most reputable auditing firms in the field – Hacken and OpenZeppelin – to evaluate Valhalla contracts before mainnet launch. They recently made several suggestions that will help strengthen the security of the platform and the safety of users and assets in the Valhalla ecosystem,” Floki wrote on X (formerly Twitter).

However, the announcement caused FLOKI’s price to drop nearly 3% on Tuesday. Floki said it wanted to ensure a smooth launch by extending the time frame.

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