Decentraland
A decentralized virtual world where users own, build, and monetize digital land through blockchain technology.
Decentraland is a blockchain-powered virtual reality platform where users buy/sell LAND as NFTs, create 3D content, and monetize experiences. Governed by a DAO, it enables a self-sustaining digital ecosystem with real ownership.
Core Features
Land Ownership
Users purchase LAND as NFTs on the Ethereum blockchain. Each parcel is a unique token (ERC-721) with verifiable ownership history and transferability.
Virtual Economy
MANA is the native token for transactions, land purchases, and community governance. Decentralized monetization through digital real estate and experiences.
The Decentraland Ecosystem
The platform is governed by the Decentraland DAO, where LAND owners vote on protocol upgrades, economic policies, and land management using MANA tokens. Proposals are executed via smart contracts.
function executeProposal(uint256 proposalId) public { require(voteCount >= quorum, "Votes below quorum"); // Execute if threshold reached }
Developers can build VR applications using the Decentraland SDK. The platform supports 3D modeling, physics engines, and integration with Ethereum smart contracts for asset ownership.
// Sample NFT land initialization
const land = new DecentralandLand({
contractAddress: '0x1234...',
tokenId: LAND-XYZ
});
Real-World Applications
Gaming Experiences
Developers build immersive games worlds that persist beyond individual sessions. Assets and progression can be traded as NFTs.
Future Developments
Full Ethereum mainnet integration. DAO voting active for 50,000+ parcels.
Enable seamless asset transfer between Ethereum and Polkadot-based ecosystems.