Decentraland Becomes The Most Active Crypto Company To Develop Digital Projects

JAKARTA - Blockchain-based virtual reality platform (VR) and metaverse, Decentraland (MANA) became the platform with the highest development activity among similar projects. Reports from crypto analytic firm Santiment show that Decentraland recorded 116 significant development activities on GitHub in the last 30 days. This note puts it at the top, outperforming other NFT projects.

The second position is occupied by blockchain Flow (FLOW) with 103 development activities, while NFT layer-2 scalability solution, Immutable X (IMX), is in third place with 31 development activities. According to Santiment, this data is calculated using a method that has been tested and does not include regular updates, but rather activities that truly reflect innovation in related projects.

Santiment said that the high development activity shows developer confidence in the future of the project. It is also an indicator that the project has a long-term commitment and is unlikely to become a fraudulent scheme.

In terms of market value, Decentraland (MANA) is currently trading at $ 0.499, up nearly 2 percent in the last 24 hours according to CoinMarketCap data. Flow (FLOW) is trading at $ 0.728 or around Rp. 11,793, while Immutable X (IMX) is at US $ 1.40 or around Rp.22,680, up almost 3 percent and 5 percent, respectively.

As a metaverse platform, Decentraland has its own flagship feature, namely digital asset transactions. So, users can buy, sell and manage digital properties in the virtual world developed by Decentraland.

In recent months, Decentraland has continued to maintain its position as the leader of development activities, including in September, October, and November. This intensive development activity shows that Decentraland is serious about building a sustainable metaverse ecosystem.