Metaverse Crypto developments increase participation in November

The month of November saw a huge surge in the Web3 metaverse space, with several tokens hitting record highs.

Here are the most notable developments in the Metaverse crypto scene: Decentraland launched an official desktop app, Sandbox hosted its biggest awards season, and Floki further delayed the highly anticipated Metaverse game.

Decentraland launched a desktop application

Metaverse platform Decentraland launched an official desktop app in October – Decentraland 2.0. Previously, the platform was only accessible through a web browser.

The desktop application was launched for both Windows and macOS, making the virtual world accessible to users.

Following this launch, Decentraland hosted its annual music event in the new and improved virtual space. A number of popular musicians performed at the event, including popular EDM artist ‘Whipped Cream'.

These developments have increased engagement on the Metaverse platform, which has been reflected in Mana's market performance. The token surged nearly 100% in November, reaching its highest value in more than six months.

The sandbox (SAND) grows by about 150% in one month

Metaverse activity increased significantly in November, with Sandbox's SAND token surging over 140% this month. SAND is currently the third largest metaverse token according to CoinGecko.

This latest addition is likely being driven by the platform's alpha season 4. Sandbox has announced its biggest prize pool this season, with $2.5 million in SAND prizes available to participants.

Users earn these rewards through various missions and challenges they face in the Metaverse. Several major products and games have contributed to these challenges. These include brands such as Playboy, Deep Sea, The Voice and Hellboy, among others.

These initiatives boosted engagement on Sandbox, bringing Sandbox's transaction volume to $1.91 billion.

Meme coin project Floki has delayed its mainnet launch to early 2025 to generate revenue. The game was originally slated for release this November.

According to the new announcement, the multiplayer Metaverse Project will now launch in Q1 2025. Floki has been working on the game for over three years to improve the meme coin service. The delay gives the team more time to collaborate with audit partners.

“To ensure the absolute security of assets and users in the Valhalla ecosystem, we commissioned two of the most respected auditors in this space – Hacken and OpenZeppelin – to review Valhalla's terms before the main network. Recently, several changes have been made in the Valhalla ecosystem that will help further enhance the security of the platform and the security of users and assets. They've made comments,” Floki said on X (formerly Twitter). He wrote.

However, the announcement sent FLOKI's stock down nearly 3% on Tuesday. Floki stated that he aims to ensure a smooth launch by extending the timeline.