DECENTRALAND is one of the most popular metaverse games, where users can make money by playing games and selling property.
Players can buy and sell digital real estate, create digital art and play casino games, while interacting with other users in the virtual world.
Decentraland is one of the hottest virtual reality games
What is Decentraland?
Decentraland is a “decentralized virtual world” where plots of lands can be bought and sold using cryptocurrency.
The platform shot to fame when Metaverse Group, the NFT-based metaverse real estate company, bought a plot on the game for $2.43m in November 2021.
Through a Decentralized Autonomous Organization (DAO), land owners in the game can control policies and determine how the world behaves – in other words, this online game is a virtual world where users make the rules.
The game is built on the Ethereum blockchain, and when it first launched in 2017, parcels of digital land sold for about $20.
The MANA tokens – the main currency in the game, sold for $0.02.
As of January 2022, the price of 1 MANA has shot to $2.79 (£2.05).
Decentraland recently partnered up with Polygon to use its blockchain to solve issues around scalability, speed, and transaction costs, addressing some of the main complaints of users.
Dubbed a layer 2 solution (L2), it allows tokens to operate on a blockchain that’s separate from, but still linked to, a mainchain, as explained in the blog announcement.
To find out more about metaverse games, check out our Gala Games vs The Sandbox vs Decentraland explainer.
How does Decentraland work?
Decentraland is a 3D virtual world where players can purchase, trade, and create digital real estate, art, and non-fungible tokens (NFTs).
To progress in Decentraland, you need two main tokens – MANA and LAND.
MANA is the transactional coin used for buying things in the game.
With MANA, you can buy everything you want, including LAND lots, wearables (clothes), and collectibles.
LAND are the game’s real estate lots.
You can buy LAND tokens using MANA and build whatever you can afford on them, including stores, art galleries and casinos.
Decentraland is a browser-based game, meaning you can only play on PC or Mac running Chrome or Firefox.
It is not yet available on mobile or any existing headsets but there are plans to make this happen, according to the FAQ page on its website.
You don’t need a wallet to play Decentraland, but having one helps to enjoy the full experience.
If you don’t …….