Play has been an important part of the human experience since the dawn of time, and our obsession with play doesn’t seem to be fading anytime soon. Today, we have new technologies that enable us to interact with each other in new ways and explore virtual experiences that were previously impossible or too expensive to create in the real world. Decentraland is an example of just such a technology, and it enables its users to create their own virtual world – a metaverse – using blockchain and VR technology. It’s like Second Life, but on steroids!
What Is Decentraland?
Decentraland is a metaverse platform that uses blockchain technology to give users ownership of their virtual world. This means that the game can not be shut down or censored by anyone and that all in-game assets are immutable and owned by the player. Decentraland is also one of the first games to offer a decentralized economy, where players can buy, sell, or trade virtual goods and services with each other.
Who Is the Team Behind It?
The team behind Decentraland is a group of blockchain and virtual reality enthusiasts. The group is led by co-founders Ariel Meilich and Esteban Ordano, who both have experience in the gaming industry. They are joined by a team of engineers, designers, and entrepreneurs. Together, they are building a new virtual world that will be powered by the Ethereum blockchain.
The Land Model
In Decentraland, the land is permanently owned by the community, and it’s organized into a decentralized network of plots. Plot owners can use their land as they see fit, and they can develop it however they like. There are no landlords, no rent, and no rules imposed by a centralized authority. You’re free to build whatever you want, and you can even sell or lease your land if you choose. You own what you create in this world, with everything in this space being 100% transparent and incorruptible. And since there are no restrictions on what kind of content can be created in Decentraland, anything from games to gambling sites, virtual storefronts to cinemas may arise.
The Genesis City Launch
There are some really awesome projects being built on the Decentraland platform. One of them is an online casino called Satoshi Casino. Satoshi Casino is a 100% decentralized casino that allows users to gamble with real money. Another project is called The Crystal Kingdom, which is a virtual world that allows users to explore, build, and interact with others. The possibilities are endless with Decentraland, and we can’t wait to see what else is in store for this innovative platform.
Awesome Projects Being Built On Decentraland
There are some really awesome projects being built on the Decentraland platform. One of them is a project called The Grid. The Grid is a decentralized virtual world that you can explore and interact with. You can also build your own creations in The Grid, and share them with others. If you’re into art, this might be the place for you! Another project worth mentioning is Reality Clash. Reality Clash allows players to battle each other in a first-person shooter-style game with augmented reality capabilities (AR).
A Third game worth mentioning is Etherbots: Etherbots is a Mech robot fighting game that allows players to construct their own robots from parts they purchase or win from battles. These parts will affect how well your robot performs during battles and many more factors as well.
Lastly, there’s Luna City: Luna City allows users to buy plots of land for them to design themselves and make their dream home or building come true by putting it all together just like they want it!
What Can You Do In VR?
There are a lot of things you can do in VR, but one of the most unique experiences is found in Decentraland. This is a virtual world that runs on the Ethereum blockchain. That means that it is decentralized, and not controlled by any one company or entity. You can explore the world, meet new people, and even play games. The possibilities are endless!
Incubate with Us- Metaworks Holdings
Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse.
The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.