Decentraland

Decentraland (MANA) is a platform with its own cryptocurrency for virtual reality, the operation of which is ensured by the Ethereum blockchain. Users can create, explore and monetize content and applications. Decentraland is designed for creatives, gamers, students and online communities.

Decentraland is the first virtual platform that is owned by its users. Using a VR headset or your web browser to fully immerse yourself in an interactive 3D world.

With complete control in your hands, you can create a unique experience unlike anything else out there. You are limited only by your imagination. You can go to a casino, watch live music, attend seminars, go shopping with friends, start a business, test drive a car, spend time at an underwater resort and much, much more - all in a 360-degree virtual world.

The project is aimed at solving the problems of centralization of platforms that host gaming and other applications.

The whole concept is that this VR world is completely owned by the users and the creation of content also depends on the users.

The team made a prototype. You can try it simply by accessing the Decentraland web page and clicking on the “Launch” button.

The main currency of the ecosystem will be MANA.

To ensure its functioning, the project uses various decentralized technologies to achieve true decentralization.

To make a working market inside Decentraland, they will present you with various monetization methods.

Currently, Second Life is a major competitor with a large audience and a well-known brand.

Even though the market is growing rapidly, it will be difficult to compete with market leaders who also want to participate in the VR market. And I'm talking about giants like Facebook, Google, Activision Blizzard, and others.

The more popular the Decentraland VR world, the higher the price of MANA tokens. Decentraland will have an active marketplace where players can exchange MANA tokens for digital assets within this VR world.

Useful links