Decentraland provides an infrastructure to support a shared virtual world, also known as a metaverse. It consists of a decentralized ledger for land ownership, a protocol for describing the content of each land parcel, and a peer-to-peer network for user interactions.
Decentraland is one of the first titles to see a lot of mainstream traction thanks to their proactive approach to draw the attention of traditional institutions into setting up their digital HQs in their metaverse. The game allows for players to enjoy a virtual experience that can include anything from attending concerts for your favorite artists to gambling in massive digital casinos.
A major aspect of Decetraland is how its entire world is split into small pieces of land. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games.
The utility of LAND is based on its adjacency to other attention hubs, its ability to host applications, and also as an identity mechanism. Developers and other content creators will demand LAND so that they can build on top of it and reach their target audience. Although every unclaimed LAND can be purchased at the same exchange rate (1000 MANA = 1 LAND), LAND parcels are distinguishable from each other, potentially trading at different prices on a secondary market due to differences in adjacencies and traffic.
Full map of Decentraland land parcels
This freedom of creativity manages to breed tremendous experiences and this is where Decentraland shines. Decentral Games is primary example of what can be done inside the game. It managed to garner massive amounts of success through building a collection of casinos where players can enter and play countless games that get updated and expanded upon every now and then in exchange for winning items and competition prizes.
This is just one example of LAND use cases but Decentraland offers its players endless value and a blank canvas to express themselves and offer the community memorable experiences.
Those interested can directly download the client from the website, and wander around as they wish exploring the world. However, some experiences cost MANA or other tokens to enter. If you wish to build your own park, or anything else for that matter, you need to own land. You can browse the listed land for sale through Decentraland’s marketplace.