Decentraland: A truly decentralized Ethereum-based utopia

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Decentraland is the first virtual world platform that is entirely owned by its own users, at first glance it looks like just a simulation video game. But it is much more than that, since it allows people to create their own virtual world within Decentraland where combined with blockchain technology, NFTs and its MANA cryptocurrency.

This digital metaverse offers its users the ability to acquire parcels of land, called Lands, which are non-fungible tokens of the ERC-721 type that represent exact coordinates and space within the game map, so each of these lands is unique, these can be bought in exchange for Mana, the tokens ERC-20 of this metaverse that serve as a bargaining chip within it and that can be spent to build almost any type of creations in your lands, from which users can later benefit economically, such as a casino where you will be able to start making money and even hire other players to take care of your business when you are not in exchange for a salary and thus turn your virtual casino into an income generating Passive Machine.

Where, in addition, the customization of your character also makes use of the NFTs, since you can buy or sell clothes and accessories among all the players from the application's marketplace, giving even more utility to the Mana token.

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Decentraland allows millions of users to connect to a virtual metaverse where they can become part of the economy of this world, which is completely dominated by users and not by huge video game companies that do not want you to profit a single penny from their titles.

Decentraland's project offers us a very great and innovative idea, just imagine everything that could be created in a virtual world like this and how many people could join its economy and benefit from it, either as entrepreneurs or getting a salary thanks to the game. And that is why I believe that projects like these are the ones that we would have to invest in now that the market is at a discount, to position ourselves very well in the long term in one of the NFT tokens with the greatest potential for the future.

According to Coingecko, Decentraland ROI is 16801.4%. The MANA cryptocurrency is currently ranked at #44 on Coingecko with market price at $3.3 at the time of writing, a market capitalization of $4 trillion, and 1.4 trillion tokens in circulation. It has to make a x2 or more just by recovering its previous historical maximum of $5.85 in November 21.

Posted Using LeoFinance Beta



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