Decentraland – a new platform, designed with a high technology in mind. It was created for people, who are attracted to the construction of a virtual world. The platform works on the blockchain and is a game with augmented reality, based on the Ethereum technologies. In addition, the game has its own crypto coin.
Contents:
- About the Decentraland platform
- Some technical details of dapp
- How is the blockchain project developing?
- Decentraland storage wallets
About the Decentraland platform
With the help of digital money, you can arrange the virtual world and create a real working economy. The in-game currency - MANA coin. With its help, you can create absolutely any of the acceptable content, do research and much more. Thanks to cryptocurrency equipment, in the Decentraland world you can do many things from the real world, as well as what is not available in the real world.
Access to all the features of the site will be given to both owners of special equipment for immersion in virtual reality, and ordinary users, who enter this world through a browser. Despite some comparisons of Decentraland with other sites, the project has much more features. In addition, it interacts with virtual reality mode. This is the main feature that distinguishes this platform from similar applications.
Some technical details of dapp
Decentraland – isn’t just regular game, as it might seem at first glance. It represents a full-fledged virtual world, which is not infinite, and its land will always be in short supply. The world is divided into sections here, each of them can be purchased for the project currency. At the moment, the cost of one plot (LAND) - 1000 MANA. After you have acquired a plot, you are given the opportunity to do whatever you like with it. You can build structures, leave empty or grow plants.
The area of one plot reaches 100 square meters. In addition, at any time, you can purchase another plot. However, it will be located next to the previous one. Such system allows you to create the full-fledged worlds without empty spaces. Land trading is available at a special marketplace, where you can sell or buy LAND. Since this is a secondary market, the prices are very different here.
There is no White Paper on the platform, but there is a section with documentation. Here is information about the various areas of the project. There is also a blog with breaking news and updates. For those who want to be the first to know about innovations, there is a telegram-channel with more than 2000 subscribers. There are no giveaways here, but sometimes there are discounts at the store.
How is the blockchain project developing?
In general, the project is quite promising. Experts predict its popularity among creative personalities and gamers.
The main directions of the development:
- First of all, functionality. It will allow the interaction between users and the virtual world (avatars, voice and text communication, etc.).
- Secondly, the introduction of a micropayment system. Thus, cryptocurrency transactions will be conducted inside the virtual world.
- Thirdly, improvement of tools for more professional management of your own plot.
If the success of the platform doesn’t deteriorate and there really will be a lot of inhabitants of Decentraland, it’s likely that in this world various companies from the real world will begin to open their plots. It’s possible that analogues of a real casino or bank branches will be added here.
Decentraland storage wallets
Due to the fact that the MANA coin was created, using the ERC20 standard, it can be stored, using any wallet that supports Ethereum cryptocurrency. For maximum safety, you can also use physical devices.
The best storage options:
| MetaMask |
A good browser version of the wallet. |
| Mist Wallet | The official client from the Ethereum developers. Available for all popular computer operating systems. |
| Jaxx | One of the most convenient mobile wallets with the multi-currency functions. |
| Ledger Nano S | One of the most convenient and affordable hardware wallets that allows you to store cryptocurrency offline in a device, similar to a classic flash drive. |
According to expert forecasts (IDC), from 2016 to 2020, the virtual reality market has grown 30 times and is estimated at more than $150 billion. There is no information about the availability of a smart contract audit, but you shouldn’t worry about the integrity of the platform. All actions on the platform are controlled the by smart contracts.