- Decentraland is an Ethereumpowered virtual reality platform. - In this #virtual-world , you purchase plots of land that you can later traverse, build upon, and monetize. - There’s no limit to what you can do. - It’s the first digital platform that’s completely owned by its users. - Similar to games like Skyrim and Fallout, Decentraland is an allimmersive virtual universe. - However, instead of playing on a 2dimensional screen, you participate in a 3dimensional world. - It seems to be the logical next step before creating fullblown AIbased games in the physical space à la Westworld. - Similar groupings on LAND comprise Districts. - Districts are basically communities that revolve around a shared theme. - For example, there may be a District just for crypto enthusiasts with cryptocurrency apps and services.The Decentraland team is led by Ari Meilich Project Lead and Esteban Ordano Tech Lead. - Ordano previously worked at Bitpay as a software engineer and founded #smart-contract Solutions, Inc. - Both founders have also worked together in creating Stremium and Bitcore. - Decentraland has been around for longer than you may think. - The team hit their first development milestone, Stone Age, in June 2015. - This was a simple, pixelated grid that allocated pixels to users through a proofofwork algorithm. - Most recently, they held a Terraform Event in which they sold LAND in the new, 3D world. - The team has also partnered with district0x, Aragon, and imToken to provide some of their services. - MANA is the token used to buy lands in Decentraland. - The Blockchain platform can be incorporated in order to buy or sell the various digital assets available in the virtual world. - An unclaimed land would have the same market pricing on every exchange possible and precisely the developers are on a hunt for such since as they can build on top of it, and attract lot of popularity. - However, one must keep in mind that the land parcels are different from them and each one of them varies according to the various market conditions of that time. - Mana can be a great investment and can be bought by trading and with other Bitcoin, Ethereum, or any other prominent cryptocurrency and on some of the most notable cryptocurrency exchanges. - Specifically, Binance and Huobi are two of the best cryptocurrency exchanges that one can suggest for trading Mana tokens.The Decentraland coin isn’t a minable cryptocurrency as it is issued on the Ethereum blockchain, unlike Bitcoin and other similar currencies. - So users looking to engage in some Decentraland mining will be disappointed. - Instead, it was sold during token sales and is now being traded on exchanges..
Summary of the coin Decentraland
market value (Market Capital) Ranked 114
Current Price: 0.46 $USD (-3.27%) highest price statistics: 5.85 $USD total number of coins(Supply): 2,193,179,327.32 coin circulated (Circulated): 1,864,136,853.80 coin
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