Description
Decentraland is a decentralized virtual reality platform on the Ethereum blockchain, offering users the ability to create, experience, and monetize digital content and applications. Ownership of virtual land is secured via non-fungible tokens, granting users complete control over their properties. Within Decentraland, interactive games, 3D scenes, and social events can be crafted, utilizing MANA, an ERC-20 token, for purchasing land and virtual goods. The platform fosters a new digital economy emphasizing user ownership and creativity, overseen by a decentralized autonomous organization (DAO) governed by MANA holders. Currently, there are approximately 1.91 billion MANA tokens in circulation, participating in over 545 active markets with a history of notable trading volumes. Decentraland thrives on the collaborative and financial interactions among its users, creating a dynamic web3 metaverse and maintaining its core vision of decentralized user empowerment.
Decentraland is a decentralized virtual reality platform on the Ethereum blockchain, offering users the ability to create, experience, and monetize digital content and applications. Ownership of virtual land is secured via non-fungible tokens, granting users complete control over their properties. Within Decentraland, interactive games, 3D scenes, and social events can be crafted, utilizing MANA, an ERC-20 token, for purchasing land and virtual goods. The platform fosters a new digital economy emphasizing user ownership and creativity, overseen by a decentralized autonomous organization (DAO) governed by MANA holders. Currently, there are approximately 1.91 billion MANA tokens in circulation, participating in over 545 active markets with a history of notable trading volumes. Decentraland thrives on the collaborative and financial interactions among its users, creating a dynamic web3 metaverse and maintaining its core vision of decentralized user empowerment.