Metaverse is unknown until Facebook gives an entry into it. Many of us are wondering about it. If you’re searching for various metaverse worlds across the internet, I am sure that you would find about Decentraland. I like to sum up all the information about Decentraland I have gone through the internet with this article. Let’s start with the introduction to it.
What Is Decentraland?
Exploring the Metaverse over the internet it’s worth exploring about it. However, one of the most popular metaverses you should analyze is Decentraland. It is a decentralized network that was built under the Ethereum blockchain. You can get a three-dimensional virtual reality universe and follow the article to get information on it.
It’s simply like our real world, where you can play games, buy and build your own land, and do many other activities. To do those things, you need to earn a currency called MANA. The interesting thing is that MANA currency has a real-world value, which can be exchanged for other currencies.
Decentraland, the metaverse is an iteration of virtual and augmented reality. You can think of it as a VR game you play in your home. The platform evolves slowly and integrates the Decentraland with various elements like trading, events, celebrations, and more.
It just started as a pixelated grid and slowly evolved into the 3-Dimensional virtual world by today. You can explore and experience it just like the real world. Decentraland is the world’s first fully decentralized virtual world, where its users are allowed to create their own world as they want it to be.
How to Access the Decentraland?
You would be so curious to know how to access the Decentraland if you haven’t
entered the Metaverse. There are a few things to know priorly to accessing the Dencentraland. You can either start with your account or a personal avatar using a guest account. Then you can roam as you wish in the metaverse to explore. In Order to make use of all the offers from Decentraland, it is necessary to create your own account. However, you need a web3 wallet, to begin with.
Make note that the Decentraland is currently accessible with the Desktop computer. It is advisable to use the Chrome or Firefox web browser for using the metaverse like Decentraland.
Explore with a Guest Account
Decentraland allows you to create a guest account and the following access you can get. You can expect the complete offers provided by Decentraland. You can create your own avatar, but it can be assigned with a name, participate in events and receive awards. If you haven’t invested any amount and want to explore Decentraland, you can go with a guest account. It’s always better to explore before diving into anything. Once you are willing to go with that, you can start creating an account using your web3 wallet.
Explore using a Digital Wallet Account
Digital wallets act as integration to your Decentraland account. Those wallets contain information about yourself and NFTs, which are your digital assets. To get access to all the Decentraland offers, you need to open an account and connect with a crypto-wallet like Metamask on your computer.
If you completely analyze the Decentraland platform and want to make money with that, you should create a digital wallet account. However, if you need to make trades and participate in different activities in Decentraland, you need to add some cryptocurrency into your wallet account.
Things You Can Do In Decentraland?
As I mentioned before in this article, Decentraland is a virtual universe; you can do whatever you do in your real world and do extra things. You can play games, communicate with other users, explore the world, and create your own game to be monetized. In addition to that, you can also trade things, buy and sell your LAND, and the Decentraland money can be exchanged for real-world money.
They provide complete powers to their users, as it is completely decentralized. Even they own a DAO or Decentralized Autonomous Organization, and they own the majority of the contracts and assets.
As a part of this organization, you can control their policies partially and determine the behavior of Decentraland. As a member of the DAO, you are allowed to vote on policy updates, which affects the entire community of Decentraland. The more time you spend there, the more chance you get to explore and earn.
Words about MANA
MANA is the official currency of Decentraland, and it is an ERC-20 fungible token asset. Since it’s an ERC-20 token, it can be exchanged for the same ERC-20 token from others. The value and looks are identical, just like Bitcoin. By using MANA, you can buy LAND, wearables, and accessories for your avatar, modify your belongings and build game experience as you need. Ethereum blockchain is used to store all your transactions done with MANA currency. After the announcement of Facebook’s name change to Meta, the MANA’s value in the real world has spiked.
Frequently Asked Questions
Is investing in Decentraland good?
As we mentioned before in this article, the Decentraland coin is one of the top cryptos in terms of market capitalization among all other platforms. This is one of the best performing tokens in the past year and returned up to 5,300%. Isn’t it really a good number?
Why does Decentraland experience a slow interface?
If you see anything related to the slow experience of Decentraland in the platform, you are using a sub-optimal setup. This setup is for rendering 3d graphics in the interface. Because of this setting, you might experience a laggy or unresponsive interface. It’s also possible to miss frames when you try in a jumpy way.
The leading companies like Facebook and Amazon are building their own digital worlds. It explains to us that the metaverse is the future we are expecting to look at. On looking into Decentraland, it has grown well from its initial stage, and people expect its growth rapidly in future. With its features like creating yourselves, playing, and making earnings, there’s no doubt that the Decentraland will remain in the top position among the numerous metaverse worlds. Go and check the platform once if you haven’t checked it yet. I am sure you will find it worth it and share your experience in our comment section.