Decentraland (MANA) is a virtual reality (VR) platform that allows users to create a token-based economy to own land in a virtual reality world with limited space. Decentraland MANA tokens are used to buy land or pay for services therein.

Decentraland is built on top of the Ethereum blockchain. With Decentraland, users can unleash their creativity for their lands. When purchasing land on the Decentraland network, ownership is recorded on the Ethereum blockchain. You have full rights to use that land, creating unprecedented experiences. For example, you can go to the movies, go to the casino, drive a car, go shopping, open a company… all in 360-degree 3D space.

Some applications on the Decentraland . platform

On the Decentraland platform, there are many interesting applications, to bring users the most beautiful and interesting experiences:

Content Security: you can rest assured that your content and transaction information are strictly confidential.

Affiliate social network: Each person in the video game, chat, can invite everyone in an organization to Decetraland.

advertisement: Similar to reality, brands can completely advertise their names by using names or plots of land with high traffic density, open and spacious location.

How does Decentraland work?

Decentraland gives you many opportunities to explore. You can also choose to create the most unique of the universe. That is your choice. You can also buy land through the Ethereum blockchain and get full ownership.

It also provides the owner of a piece of land with a value convention: 1000 MANA = 1 LAND. Once you buy land, no one can stop you from building what you want. You can create as many as you want and build anything you want. You have full control over the land which means there are no limits for you, only your imagination can limit you. You can go to casinos, attend seminars, watch music shows, go shopping with friends, visit resorts, drive the car of your dreams, start a business and more. All of this will be experienced in a 360-degree virtual world.

It can be said that Decentraland is a virtual reality ecosystem, and you need to pay real money to be able to “play” in it. And the MANA token integrated with Ethereum’s ERC-20 technology is currently the currency in this world.

Development team

It can be said that the Decentraland project development team possesses a lot of experience in the field of virtual reality technology and blockchain. Let’s take a look at some of the prominent names on the MANA development team.

Ari Meilich: The founder of the Decentraland project (MANA), he studied at the University of Buenos Aires.

Esteban Ordano: Technical director. Along with Arimeilich, are the founders of Streamium and Bitcore.

Along with a strong team of advisors such as Xiaolai Li (founder of INBlockchain), Jake Brukhman (founder of CoinFund), Luis Cuende (Aragon project manager), Diego Doval, Giotto De Filipi … promises to bring the success of the Decentraland project.

Conclude

In terms of technology ideas, Decentraland is a project with many different ideas, leading the cryptocurrency market, which is considered the strongest element of this project. Decentraland also owns a team of developers and advisors in various fields, especially cryptocurrency, blockchain and virtual reality, and people are a key factor in the success of a business. project, so when you want to invest in any project, you need to consider the quintessence of that project.

In addition, the partners are also a very important part, currently the Decentraland project has 4 partners: district0x, Aragon, ImToken and most recently, Binance – the world’s largest digital asset trading platform, this is This is great news for the Decentraland community.

You can see MANA prices here.

According to AZCoin News

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