Why is Decentraland gaining popularity in the metaverse world?

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Why is Decentraland gaining popularity in the metaverse world?

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Highlights

  • People began to explore virtual worlds such as the metaverse and Decentraland as they began to stay at home.
  • A virtual housing estate in Decentraland recently sold for an all-time high of US$2.4 million.
  • Decentraland appears to be gaining popularity as individuals seek a stress-free and happy lifestyle.

The corona pandemic has radically altered people's lifestyles. People nowadays are not interested in going outside, standing in long queues, or meeting people in person.

Rather, they have begun to explore virtual worlds such as the metaverse and Decentraland.

Decentraland is a 3D virtual reality platform which can help you construct your dream house. 

So, are you prepared to construct your ideal home?  Let’s read on to know more about Decentraland.

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What is the latest craze in the virtual universe?

If you're still perplexed about Decentraland, let us explain. Decentraland is a blockchain-based metaverse. Users can play Decentraland for free as a guest, by accessing the website on a web browser.

Non-fungible tokens are used to purchase land and other goods in Decentraland. The 3D virtual world has two currencies. One native currency is an ERC 20 token known as MANA, the other token is LAND.

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A virtual housing estate in Decentraland recently sold for an all-time high of US$2.4 million. Not only can users buy land, but they can also stroll around and connect with other avatars.

Ari Meilich and Esteban Ordano from Argentina created Decentraland in 2015.

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Outlook

People's interest in the metaverse skyrocketed after "social media tycoon" Facebook changed its name to Meta. Mark Zuckerberg aims to concentrate on building virtual reality products for the metaverse.

The move came when the pandemic had driven people to the virtual world. Decentraland appears to be gaining popularity giving individuals have an opportunity to build their own dream house.

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