Decentraland promo screenshot header

Decentraland is a virtual world running on the Ethereum blockchain. Ownership over the land parcels (LAND) is stored on Ethereum, while the native governance token MANA is an ERC-20 token. Decentraland is a virtual world that can be accessed through any desktop web browser, using a Web 3 wallet like for example Metamask. 

A decentralized autonomous organization, or DAO, is responsible for the future of Decentraland. The developers of Decentraland handed over the controls to the DAO in 2020, but are still actively working on the project.

All 90 thousand land parcels have already been sold. Those who own land can build anything they want, ranging from virtual stores or galleries, to interactive installations or even full feature games. People who want to have their own land, will need to buy it on the secondary market.

Anybody who visits Decentraland can enjoy all it has to offer for free. However, certain games have an entrance fee, but also allow users to win digital items. In addition there are gambling casinos in Decentraland, attracting quite an audience on special event nights. By participating in events, players can win or buy special clothes for their avatar. Even though Decentraland only exists since February 2020, these digital clothes have become quite popular collectibles.

  • Play to Earn Partnered With MegaCube

    Play to Earn Online Magazine has partnered with Polygonal Minds for their upcoming virtual experience MegaCube. Play to Earn will provide prizes, and those who chip away blocks from the MegaCube have a chance to win. The mining experience will launch on January 29th inside the virtual world Decentraland. This virtual social experiment requires citizens […]
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  • Decentraland Aiming for Smoother User Experience

    In their recent end-of-year review the developers behind Decentraland mentioned that they want to improve the user experience and user acquisition. Among those improvements will be a desktop client, native VR support and a full integration of a layer-2 blockchain solution to introduce free and faster transactions. Somewhere in 2021 landowners will have the ability […]
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  • Mining Game MegaCube Coming to Decentraland

    Game studio Polygonal Mind is bringing its multiplayer mining game MegaCube to Decentraland. The studio wants to release the game, in which players can win all kinds of prizes, on January 1st. MegaCube will allow multiple gamers to click and ‘mine’ for prizes at the same time, but only one person can claim each prize. […]
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  • 10 Success Ingredients for Virtual Worlds in Metaverse

    Virtual worlds gain popularity amidst the growing interest in non-fungible tokens, but what’s really needed for them to become a success? In this article I take a look at features that virtual worlds need to embrace to become mainstream powerhouses. The ultimate goal is easy access to content and full interoperability across the metaverse. Before […]
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  • Decentraland Now ‘Guarantees’ Earnings

    Decentral Games has launched its own governance token that’s being rewarded by playing games inside Decentraland. People who own DG tokens receive governance rewards and voting rights, which will go live in the Spring 2021. Now the games are limited to blackjack, roulette, backgammon and slots. However, the developers are working on poker and craps. […]
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  • Virtual Worlds Focus on Digital Fashion

    Virtual worlds Somnium Space and Cryptovoxels are working on adding and improving the use and presentation of digital fashion. These virtual clothes are a perfect way for users to express themselves, while the blockchain provides true ownership. Both Somnium Space and Cryptovoxels are lagging behind, as Decentraland is stealing the catwalk. While Decentraland has been […]
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  • Users Can Now Vote for Future of Decentraland

    The virtual world of Decentraland is now officially governed by a decentralized autonomous organization, which allows users to vote on all kinds of propositions. However, only landowners and people with MANA tokens in their wallet are able to vote for the future of the virtual world. Users will need to connect their wallet to obtain […]
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  • Gamers Have Spent $25 Million on Decentraland

    Gamers and collectors have spent almost 25 million dollars on digital assets and virtual land for Decentraland. According to blockchain research firm Messari there have been more than 76 thousand assets sold since March 2018. This would suggest an average price of 325 dollars per asset. One can split the 25 million dollars in sale […]
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  • Known Origin Joins Decentraland Marketplace

    After Superrare and Makers Place now Known Origin has joined the Decentraland Marketplace to sell crypto art. The entire inventory of Known Origin, including all secondary sales, are purchasable using the MANA token. On every sale the platform charges a 2.5 percent fee. and burns it. This decreases the total supply of MANA circulating on […]
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  • Decentraland Adds SuperRare to its Marketplace

    The developers of Decentraland have partnered with crypto art platform SuperRare and now users can also trade all art on the Decentraland Marketplace. This automatically means that users can buy crypto art using the Decentraland native MANA token. The Decentraland Marketplace relaunched in February and until now only offered virtual land and digital wearables. “The […]
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