Decentraland is a virtual reality platform that can be used for creating an amazing experience and for monetizing content and applications. The VR platform is powered by the extremely reliable Ethereum blockchain. Decentraland is the first virtual that is owned by users. They can have absolute control over the content of the land that they have ownership of and they can also keep everything that the land generates in terms of the value of the proceeds.
The platform enables developers to build and monetize applications on the platform. Decentraland users will be able to explore and discover the virtual world. They can interact with other users on the platform, trade the virtual items, and run various applications on different land, and enjoy doing a host of other interesting activities and tasks.
Work on Decentraland started in 2015 and it was conceived as a digital real estate. It was implemented on a 2D grid as a pixel which contained metadata. The metadata described the color of the pixel and had details that identified the owner. It was named the Stone Age of the platform. The Bronze Age was developed in 2016. It was designed as a three dimensional virtual world which was demarcated into parcels of land.
The Iron Age will have many key features such as a P2P network for interaction among users through text messages, avatars, items, audio conversations and others. It will also include a micropayment system for creating an economy within. This aspect of the project is being handled by many members of the Streanium team – experts on cryptocurrency micropayments. An important feature of this Age is the land management interface. It can be used for delivering some wonderful experiences that visitors can enjoy without exiting the browser. In the Iron Age in-game, users will enjoy the experience of doing a host of activity with their virtual real estate including developing, buying, renting, and selling. Specific to this Age is a unique scripting language that landowners can use to program their experiences that they want to share with other users.
Further ahead in 2018, Decentraland will see the development of the Silicon Age. This will make the platform a full-fledged 3D world complete with comprehensive VR support. The laws of Physics will be customized at this stage.
MANA is the token associated with Decentraland and will be used for purchasing land, goods, and services. 1,000 MANAs are burned in exchange for 1 LAND.
E-commerce, in simple words, is buying and selling products or services using an online platform. The internet is alre
Websites can be powerful marketing tools for advertising your products and services effectively online and today most businesses are using unique and
Mark Cuban June-05-2018
On 29th April 2018, UNICEF Australia proclaimed an initiative which allows a user to hand over his o
There was a time when 10,000 BTC coins would buy 2 pizzas. This was around 8 years back. Now, one
In its past reports, CCN made a note that the 8,200 USD resistance level seems to be a crucial st
Tony Scott May-16-2018
In a meeting with CNBC this Monday, i.e. 14th May, a top-rated policymaker of the US spoke in sup
Jeremy Liew May-08-2018
Sergey Brin, the co-founder of Google says Ethereum mining has assumed an important part in the curr
Tony Scott May-07-2018
The Bitcoin blockchain left its mark in April with the 17 millionth Bitcoin being mined. In case you
Tony Scott May-05-2018
Bitcoin and Ethereum are two world-renowned cryptocurrencies that have led the crypto market and sur
Jeremy Liew May-04-2018
Today, digital currencies are doing kind of things that investors and Wall Street have never seen be
After long, the world’s most popular cryptocurrency, Bitcoin seems to come back. The &lsquo