What is Decentraland?

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Decentraland (MANA)

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Whitepaper

Most blockchain and Ethereum based platform don’t offer their clients plenty of opportunities to create their piece or universe or even explore other universes. However, the Decentraland has accomplished the opposite by giving its users the opportunity to explore and create their universes under the platform. With Decentraland, users can purchase land through the blockchain and create immutable records of ownership. No one is given the opportunity to limit what you what.

What is Decentraland?

Decentraland is the first VR platform that allows users to use a VR headset or a web browser to become immersed in a 3-D interactive world. The platform is creating a Virtual world powered by the ETH blockchain, the platforms allow developers to monetize and build their application. The choice is yours on how you want to build or even use the blockchain. You can purchase land using the blockchain and use it in whatever way you want to. The Ethereum based platform gives you the chance to have full control over the land you have bought meaning that only what you imagine can limit what you want to do with the land.

The roadmap

Decentraland platform has gone through different stages to be what it is today. It has gone through the

  • Stone Age: where the land is modeled as a simple grid. The platform used the Bitcoin proof of work algorism to allocate land to users. That was back in 2015
  • Bronze Age: the Bronze Age starts in 2017 where land is modeled in a 3-D space before being integrated into the blockchain
  • The Mana Contribution period: the man contribution phase includes the platform token which is the MANA token. The token allows users to claim land and interact with each other. Was available on 29 August 2017.

Other stages include the Terraform event and the Iron age that are still being processed. The last stage of the roadmap is the Silicon age that will be achieved in 2018.

Why Decentraland

Open standards

Decentraland is ruled by open standards and shielded from any central organization’s agenda, just as a virtual world should be.

Blockchain technology

To make everything simple on the blockchain platform, the Decentraland uses the blockchain technology as an unforgettable record of ownership

Owned by members

The Decentraland users control all content on the land they have and they also keep all the proceeds generated by the platform.

The platform management team comprises of advisory board and partners. Ari Meilich is the project lead and Esteban Ordano the technical lead.

 

Author

  • Zarihoun Traore

    Hello, I'm Zarihoun Traore, the founder and driving force behind Cryptostec. With over nine years of experience in the crypto, financial, and payment sectors, I have dedicated my career to understanding and navigating these dynamic industries. My journey has taken me through a variety of roles and projects, from SaaS and Fintech startups to casino brands, each contributing to the depth of knowledge I share with you today.My JourneyI have had the privilege of presenting at prominent events like CryptoFinance and attending numerous key conferences such as Websummit, Paris Blockchain Week, and iFX EXPO. These experiences have been invaluable, allowing me to engage with industry leaders, stay ahead of emerging trends, and bring back insights that shape the content you find on Cryptostec.

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