Decentraland Review

Decentraland made the headlines back in 2018 when players made over 500% profits from trading digital assets. The decentralized virtual world has only continued to gain traction ever since, with properties like games, casinos, artwork, and even land up for grabs.

So, why is now the time to join the roleplaying metaverse of Decentraland? Apart from operating on the secure Ethereum blockchain, its increasing property prices create the perfect investment opportunities.

What Is Decentraland?

Decentraland is a user-owned, Ethereum-based, virtual world where users can trade, explore, and even create digital assets. Its transactions take place through the exchange of native tokens called MANA.

All virtual space in Decentraland is composed of individual parcels of land. Its contents can range from structures like art galleries, casinos & games to incredible 3D scenes. You socialize with the vibrant community of artists, 3D animators, and developers on these virtual spaces using avatars.

Express Your Individuality By Creating Your Avatar

Avatars allow players to create a unique look, customizable using numerous different combinations. That way, friends and new users alike can easily make contact.

Creating your personalized avatar is easy, and all you need to do is highlighted below.

1. Create an account by submitting your email address. The site will then send an email with a code that you'll use to confirm your account.
2. Once you do that, the avatar creation screen will appear. Select your favorite configurations from the wide variety of body, face, outfit, and hairstyle options.
3. Click next to either proceed as a guest or claim a unique name. You'll then receive a Decentraland passport that acts as a sign-in to connect your digital identity and belongings.

Get Some MANA And Let The Games Begin!

MANA is Decentraland's native Non-Fungible Token. Players spend it in exchange for names, collectibles, and land parcels and to play games.

Here's how you acquire MANA;

1. Register with exchanges that list MANA. These include Coinbase, Binance, or Huobi.
2. Deposit funds into your account to buy crypto listed in a currency pair with MANA, like Bitcoin (BTC) or Ether (ETH).
3. Exchange the crypto asset for MANA. You can do this by clicking on the 'Markets' or 'Exchange' link and specifying the amount of crypto you want to spend.
4. Review the details of your purchase, including the fees and total cost, then click 'Confirm.'

Land In Decentraland

Individual land parcels in Decentraland measure 16 meters by 16 meters, represented on x and y Cartesian coordinates. On average, one parcel sells for 6,900 MANA, accounting for about $5,800. Players can buy this property directly from the in-game marketplace or on intermediary exchanges like OpenSea.

Some of the popular developments you can make on your land are:

1. Art Galleries - Here, owners can showcase their artwork in the form of Non-Fungible Tokens like Crypto Kitties.
2. Casinos - You can build casinos on your land when you collect enough Decentral Games tokens. It'll offer gaming services like in online casinos only using MANA Tokens instead of fiat currency.
3. Clubs - These are music venues where players can enjoy concerts with musicians and DJs using their avatars.
4. Games - Software developers can create games on their land to increase their value. One of the most popular game sites on the platform is Whac-a-mole.

Like in the real world, what makes land parcels more valuable in Decentraland is how you develop them and their location. The spaces closer to districts like Crypto Valley, Vegas City, Dragon City, and gaming venues like Genesis Plaza are worth more.

Be The House By Building A Casino In Decentraland

Decentral Games is a community-owned casino ecosystem that runs on the $DG token. That means players can earn enough $DG tokens to build their casinos and play using MANA. Though there aren't many games as compared to online casinos, you'll find all the classics, including Blackjack, Roulette, and Slots.

There are two ways to earn $DG tokens;

1. Gameplay Mining

You can play in other casinos within Decentraland using MANA to mine $DG tokens. There are bonuses when playing in group tables or wearing certain NFTs during gameplay.

2. Governance Tokens

Decentral Games allow players to save their $DG tokens in their governance contract to earn additional tokens.

How Decentraland Gaming Works In Summary

Decentraland gives players the ultimate online gaming thrill with incredible scenes and interactive systems. And it's not just playing; you can also trade all these assets and collectibles on the secure Ethereum blockchain—and often make a lot of profit in the process.

Author Bio

Hi! I'm Bryan, and I'm a passionate & expert writer with more than five years of experience. I have written about various topics such as product descriptions, travel, cryptocurrencies, and online gaming in my writing journey. The latter is one of my favorites topics, and you can find some of my premium casino content at OUSC.