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Virtual Worlds Achieve Record-Breaking Performance in Q1 of 2023: DappRadar Report

Cointime Official

DappRadar's latest report reveals that the world of virtual reality has witnessed unparalleled expansion and advancement in the first quarter of 2023.

According to the report, in Q1 of 2023, digital land trading volume surged by 277.12%, reaching a total of $311 million. This is the highest quarter for virtual worlds since the Terra Luna crash in May 2022. Additionally, the number of land trades set a new record of 146,690, representing a remarkable increase of 83.56% from the previous quarter.

Additionally, the report finds that $502 million were invested into blockchain gaming and metaverse projects in the first quarter of 2023.

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