Give Wings To Your Imagination In The Decentraland Metaverse

Have you ever wondered what is it like to be in a virtual world? Sure you know the concept of metaverse and might have heard about the games like The Sandbox, Roblox and more. Many of these games require digital assets in their wallets for certain actions and then allow the users to play and earn in their respective metaverse. Though the players aren’t required to pay to enter the game. One of such games is Decentraland.

It is an open world metaverse game that allows the players to traverse through its vast realm, create and monetize the user creations. The three-dimensional space users witness inside this digital realm is called LAND. It is divided into several land parcels which the users treat as NFTs. They can build, create and earn through a variety of actions like renting, advertising, selling etc.

Ages Of Decentraland

It started as a two-dimensional space. There was basically a 2-D pixelated grid. Every pixel held metadata including the owner identification and pixel color. This era was given the name of Decentraland’s Stone Age.

Then this metaverse stepped into the next dimension, the 3-D realm. This time, the users experienced the three-dimensional version of the game. In simple words, the 2-D pixels containing the metadata came alive in front of the users. It enabled folkes to traverse through this beautiful realm. This era was called the Bronze Age.

Then came the Iron Age, and this was the major breakthrough, as the game enabled the content distribution and land ownership. Making it similar to the real world where players can actually do activities that will eventually pay them off.

Explore The 2-D Virtual Map of Decentraland

The map is similar to the maps we see in Grand Theft Auto (GTA) games. It is a pixelated version of the whole open-world showing the land parcels and their owners on the map. Users can also switch to see which land parcels are available for sale.

You can zoom-in to see a particular land parcel and enter it to see its details including who’s the owner, its price and more.

Only Sky’s The Limit With The Decentraland Builder

Decentraland builder is the ultimate tool that allows the users to build on top of the land offered in game. When you go through the Scenes, you can use the plethora of resources available there. You can choose from asset packs of Pirates, Fantasy, Genesis City and more.

Have you played Minecraft? Yes, that block building game. Decentraland is similar as it allows players to give wings to their imagination. One can easily build a stronghold similar to The Gulag in Modern Warfare 2. Another catch here is that you can sell the whole building to generate a real world income unlike Minecraft.

Generate Income Through The Decentraland Store

Decentraland is the official marketplace of the game where the users can buy, sell or trade their in-game assets to generate revenue streams. Users can deal in anything from a character skin to a parcel of land. The NFTs are categorized according to their rarity, ranging from common to mythic.

Players can also acquire various emotes using and names for their avatars through the marketplace.

Vote Your Opinion Through Decentraland DAO

As the name suggests, it is a decentralized world owned by the users. The members of the community are able to put proposals and give votes to implement certain stuff in the game. The members can vote through the Aragon powered DAO interface.

Users can vote for a variety  of issues including LAND fees, replacing members of Decentraland’s Security Council called SAB which acts as a watchdog and a fast service provider to fix the bug reports in the ecosystem. Users can vote for many other issues and the developers are adding more and more stuff to the list which the members can regulate through their crucial governance.

Create Events In Decentraland

Events are an interesting part of this metaverse. Basically it allows the users to enter the events created by others. Or the players can also create their own events and let the others enter. Celebrities and organizations around the globe regularly create fascinating events where the users can enter to earn rewards and experience something unique.

For instance, Netflix is hosting an event associated with The Gray Man, a hit movie starring a veteran cast like Chris Evans, Ryan Gosling, Ana De Arnas and more. The event basically contains the exact replica of the final scene of the movie where Ryan Gosling fights with Chris Evans in a Maze.

Many more interesting events are there where you can enter to immerse yourself in unique experiences.

Decentraland Do Have Its Use Cases

First of all, as a play-to-earn game it allows the players to use their in-game assets like skins, digital land parcels, unique names and more as Non-Fungible Tokens. They can generate revenue by selling them on the marketplace.

Advertising in decentraland helps the organizations to grow their businesses easily. They can offer the land owners having a large user base in the space to put ads in exchange for an agreed amount of the game’s digital currency. This will not only help the companies, but the owner too. As these adverts will attract more audience from different spaces of this virtual world.

This digital universe also pushes the imagination of the users. It allows them to show their creativity by developing new 3-D scenes and games within the space. So, only sky’s the limit here.

The Decentraland Economics

MANA is the native token used in-game which the users utilize to buy or sell their assets in game. Apart from this, LAND is considered as non-fungible tokens in this metaverse. Usually one LAND is equal to a 1000 MANA. But its value is generally based on its utility.

By utility I mean the ability to host the advertisements, attracting users in large amounts and more. This value is generally assessed by the celebs or companies looking to promote themselves in the space. The more users they find, the more promotion they can do, and the more income the landowner can generate.

So Should You Enter The World Of Decentraland?

Of course you should! Not because it has an income generating aspect, but it allows you to explore new things. This space is especially a heaven for the artists whose work are driven by imagination, especially the digital artists.

According to the top guns across the globe, the metaverse is going to become a giant space. This may lead the behemoths in the industries to enter this arena, and Decentraland has already attracted leviathans like Samsung into the arena. We might see additional improvements in this fascinating virtual realm which can do wonders in the near future as it approaches.

Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.