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Decentraland Review

23

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Very good

Revainrating 4 out of 5  
Rating 
4.1
Crypto Projects, ERC20

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Description of Decentraland

Decentraland (MANA) is a cryptocurrency and operates on the Ethereum platform. Decentraland has a current supply of 2,193,539,027.320146 with 1,855,084,191.7804768 in circulation. The last known price of Decentraland is 0.60287651 USD and is down -1.09 over the last 24 hours. It is currently trading on 354 active market(s) with $119,833,969.33 traded over the last 24 hours. More information can be found at https://decentraland.org/.

Reviews

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Type of review

Revainrating 4 out of 5

"Decentraland (MANA): Adventure Awaits in the Virtual Wonderland!"

Decentraland, often hailed as a groundbreaking virtual world built on the blockchain, has certainly garnered attention for its innovative approach. However, in this personal review, I'll adopt a pessimistic perspective, focusing on concerns regarding accessibility. Technical Barrier: Decentraland's setup requires technical knowledge and the use of cryptocurrency wallets and blockchain transactions. It's like building a house but needing to be an architect and a contractor. This technical…

Pros
  • Virtual Property Ownership: Decentraland allows users to buy, own, and develop virtual real estate, giving them a stake in the digital metaverse and enabling creative expression. Digital Self-Expression: Users can create and customize avatars, build interactive experiences, and express themselves in a virtual world, fostering creativity and self-expression.
Cons
  • Complexity: The platform can be complex for newcomers, requiring users to understand blockchain technology, digital asset ownership, and virtual world navigation. Volatility: The value of virtual real estate and digital assets in Decentraland can be subject to price volatility, which may impact the cost of participation and creation. Resource Intensive: Creating and developing in Decentraland may require technical skills and resources, potentially limiting participation for those with limited technical knowledge.

Revainrating 4 out of 5

Decentraland: A fascinating way to use apps and coins.

n addition to sports, I think it is a digital development environment where you can create content material wherever you want to personalize it, and then, if you spread it, advertise it and make real money. This is a platform for centralized virtual reality to have international, created content material. If you want video games like Second Life, GTA, Sims or Minecraft (of course with the expansion of various features) this will be the right platform for you and you can make a lot of money…

Pros
  • Interesting and progressive ideas.
  • Supported by a mix of organizations, starting with blockchain and video game creators.
  • Good 3d pix Good security.
  • I don't know what to do.
Cons
  • There is the best coin to manipulate.
  • Never.

Revainrating 4 out of 5

Virtual reality built on blockchain

Decentraland (MANA) is a blockchain network that aims to monetize the content and applications that developers and creators share. It is a system working on virtual reality. The digital currency of the project is MANA. You can buy lands with the MANAs earned. You can take part in the economy of the system on these lands. You can skip the ages in the game. He has signed cooperation agreements with other projects such as Decentraland, Aragon and imToken. You can build structures as your life…

Pros
  • The ecosystem is automatically renewed
  • It is a virtual reality built on blockchain
  • You earn income from the cities you established
  • Listed on all major exchanges
Cons
  • Land size is limited

Revainrating 5 out of 5

MANA

In general, if I want to explain this network, this network may be a kind of game, and the users of this network with MANA, which is the currency of this network, and purchases are made with it. The interesting thing about this network is that Decentraland burns the MANAs used for purchases after the user has made their purchase, and I have seen this in fewer networks where tokens are burned so easily. Chart and price analysis: This currency, MANA, has been almost a successful currency in…

Pros
  • The price is higher than the first price in 2017
  • Good rank (104) in coinmarketcap
  • An interesting and relatively new idea for blockchain
  • High number of followers on Twitter (about 50,000 people)
Cons
  • none

Revainrating 4 out of 5

Should you buy Decentraland in the 2022?

Virtual Reality won't be an entirely new idea and it is growing in recognition, particularly in gaming on blockchain. Decentraland may additionally emerge as greater valuable in destiny and the capability that it has in combining VR with cryptography makes it unique, supplying it with a considerable quantity of makes use of in a decentralised digital fact, without the bounds that a controlling agency can installed area. Decentralise pursuits to grant developers and users with more freedom to

Pros
  • There is the option for auctioning of NFTs and selling of LAND for MANA
Cons
  • Lack of variation in the terrain in Decentraland

Revainrating 4 out of 5

Decentraland (MANA): cryptocurrency - my review

Would you like to start by saying that I expect high expectations for virtual reality in the next 5 years. I am sure that sooner or later many jobs will be made from home, using virtual reality headsets and other necessary equipment. Moreover, there are new possibilities when we talk about entertainment. Using virtual reality headsets, you can immerse yourself in an almost real world and you can do amazing things from the comfort of your own home. I have used the HTC Vive headset and I

Pros
  • The team is certainly experienced in technology blockchain. They can complete this part.
  • There is already a working prototype that could be verified by anyone. A new vision for VR.
  • VR market will soon be the most important in the industry entertainment, you better catch this train!
Cons
  • Of course, in the gaming industry, the team has no experience. It is very important to have this kind of experience, so I hope they only hire the best in the field after the initial coin offer.
  • Financial strategy not shown. I would like to know exactly how they are going to spend their money.

Revainrating 4 out of 5

In-depth overview and analysis of Decentraland.

Virtual reality platform Decentraland is open-source and interactive and ensures that all property rights are maintained. As a result of the Ethereum blockchain's permanent record of ownership, the user has complete control over their funds. Content and applications may be developed, as well as a platform for them to thrive. As a result of virtual reality (VR), you can immerse yourself in a 3D environment using a VR headset or a regular web browser. In order to create virtual reality a…

Pros
  • The platform is fully decentralized.
  • The platform is available from anywhere in the world.
  • It provides full control to the consumers.
Cons
  • High competition.

Revainrating 3 out of 5

Decentraland: an attractive way to apply applications and cash

Have you seen the movie "Ready Player 1", we welcome Decentraland, a computer-generated experimental series made on the Ethereum Blockchain, where you can learn, create and even customize the products we produce. This computer-generated world of experimentation is another step in the process of acquiring the substance you make. The three-dimensional virtual world allows you to perform tasks safely in established plans. Its management and use is fully requested by Decentraland customers. It…

Pros
  • Good 3d pictures Great security
Cons
  • No flaws

Revainrating 4 out of 5

Not so bad but need to be improved more

Not so bad, just hang around the virtual world and enjoy it. First time you enter the game you are at the place called genesis square where you will learn what to do. You can acutally enjoy digital arts in some virtual museums and even bet in a casino.I really expect to see some little games embedded. The secenery to be honest is just common and the screen is not as delicate as some huge games, but it can still attract me. You can buy yourself some exotic wearables in marketplace. Wearables are

Pros
  • It a decentral virtual world where everything can be done（maybe，in the future）.There is no specific instructions on how you can play it，just hang around to see architectures and digital arts made by others.Some wearables and estates can be traded between players.
Cons
  • not so many people are engaged in this game，and no way to earn token inside the game.Maybe just good for investments but not for playing.

Revainrating 4 out of 5

A New World Decentraland

Decentraland is an Ethereum based virtual reality platform. It appears as a platform where users can develop virtual reality applications and access other applications. It allows to freely do things in designated plots in a three-dimensional virtual world. Its management and use is entirely owned by Decentraland users. MANA is Decentraland's cryptocurrency. It is used to purchase parcels called LAND within the Decentraland platform. The spent MANA tokens are burned when LAND is…

Pros
  • You can build an apartment, a pharmacy, a plaza, a stadium, a hospital, a school, your brand's head office, anything you can think of, by combining several lands into your LAND. You can even make the landscape yourself. In the virtual world, you can create a car dealership with your own virtual brand and sell the vehicles in the gallery. You can push the limits of your mind.
  • The land content layer enables the processing of content on the network in the virtual world in a decentralized distribution manner. The real-time layer allows users to interact with each other by providing peer-to-peer connectivity. The intellectual property layer protects land ownership and content with Ethereum-based smart contracts.
  • With its agreement with Ripio Credit Network, the P2P crypto lending network, Decentraland has enabled its users to receive mortgage loans against MANA. After completing the loan application form, a MANA guarantee of at least 10% of the value of the property from which the mortgage loan will be withdrawn is required to purchase. After this collateral is provided, the platform brings lenders and borrowers together. Two different smart contract-based MANA and RCN projects, both of which are based on Erc-20, can work with each other without any problems.
Cons
  • Virtual lands in Decentraland were sold at the first sale at 1000 MANA each. Currently, there is a volatile market and the prices of lands vary. Currently the lowest land or parcel price is 4.350 MANA

Revainrating 4 out of 5

Ready Player One is Decentraland

Have you seen the movie Ready Player One?, then I welcome you to Decentraland, a virtual reality platform created on Ethereum Blockchain where we can experiment, create and even monetize our content that we create, being able to acquire plots and have control over all content what's wrong with it. It is a decentralized virtual reality world, a platform where you will own the content you create. If you are a lover of video games like Second Life, GTA, Sims or Minecraft (with other different…

Pros
  • Platform especially for creative visual artists, animators or programmers who can upload their creations and even receive payments for it.
  • It is backed by a diverse team, from blockchain and video game programmers.
  • You can monetize your creations and earn rewards in your MANA cryptocurrency that you can exchange for fiat money.
  • The concept is great and has a lot of incentives to attract lots of people from the gaming community.
Cons
  • Due to not having a control as such, trolls would ruin the game and eventually damage the social platform.
  • Users run the risk of losing everything if the company goes out of business entirely or decides to change the rules.
  • It is still in development and I think it will take a long time to look like the virtual reality already seen in the Ready Player One movie.

Revainrating 5 out of 5

Decentraland: an entertaining way to create applications and generate money

Decentraland is a portal that operates on the Ethereum blockchain, designed with a virtual reality infrastructure, which makes a digital world available to its users where they play, create and interact with 3D technology creations to have fun and share online with Other users. This platform makes available to the user a virtual space to build on it what they want or to create applications with content in the form of images, video games, buy land and decide what they will design on their plots

Pros
  • Their website has a visually modern and attractive design with a wide menu and easy access to its users to create multiple digital resources.
  • It allows its users to create an autonomous economic system where they have control over its content and monetization.
Cons
  • The supply of MANA coins is very high compared to other cryptocurrencies; which makes it difficult to mine in the future.

Revainrating 4 out of 5

Decentraland

Decentraland is one of the many 3D reality platforms based on blockchain technology, powered by the ethereum network. In this platform the user has a wide range of options to explore their environment, they can create new universes and acquire land for free. Decentraland with its affiliation with ethereum and blockchain guarantees the user the right of ownership to everything they create, a very good experience for those who like reality in 3d. Decentraland has a registry through ethereum. The

Pros
  • Nice 3d graphics
  • Good security
  • Multiple ways to create your universe within Decentraland
  • Guarantee of rights of what you have created
  • Endorsement by ethereum and its blockchain
Cons
  • It has a single coin administered on mana
  • You need a virtual reality glasses
  • Extensive knowledge of 3d tools

Revainrating 4 out of 5

Decentraland play god, create your city and its virtual inhabitants.

More than a game I think of it as a virtual development environment, where you can create content where you will be the owner, and then if it has acceptance you will be able to sell and earn good money. To my way of seeing Very poor homepage, You can hardly read the main navigation menu sections. White lettering, the contrast makes it almost unreadable, a little slow. The platform guides you and gives you the tools. On its website you can have well-detailed information such as the sections…

Pros
  • Interesting and innovative idea
  • Make your virtual environment and if you like to sell it at a high price
Cons
  • Strong knowledge of 3D technologies is required
  • For game developers, I don't see it for anyone
  • You must have high-end computers, a good video card and high processing.

Revainrating 3 out of 5

Decentraland, your own 3D universe

Decentraland is a blockchain-based virtual reality platform, powered by the ETH network. In this platform, the user has a wide variety of options to explore, from creating exclusive universes to buying free lands to create whatever he wants. Decentraland through Ethereuem Blockchain will guarantee you ownership rights over everything you create, a unique experience for those who like virtual reality and are still adept at blockchain technology. Everything at Decentraland is controlled and…

Pros
  • the platform for total 3D interactivity and freedom of creation.
  • option to use the MANA currency for purchases within the platform as if it were the real world
Cons
  • there could be more currency options to use within the platform

Revainrating 3 out of 5

building a virtual world

Decentraland is the first blockchain virtual world that allows users to purchase digital real estate and be part of building a virtual world. The concept could be huge as VR becomes more main stream and technology evolves where we spend more and more time in the virtual world as opposed to the real world. The one concern I have is the value proposition for purchasing virtual real estate and whether large segments of the population will be willing to purchase virtual land.

Pros
  • creating a virtual real estate world
  • VR and AR potential integration in future
Cons
  • Will population be willing to pay for virtual real estate in mass

Revainrating 4 out of 5

Open-source interactive virtual reality platform.

The platform looks like a video game is waiting to happen but it's much more sophisticated. Of course it makes it interesting that it can be experienced in 3D, but more than that, it is virtually a way to buy land while keeping its immutable record on the blockchain.

Pros
  • It operates on a universal blockchain, creating a virtual world all built using the platform accessible worldwide. It uses blockchain to ensure that all users of any land purchased on the platform are fully owned. It gives users complete control over all content related to the aforementioned land.
  • Each plot of land purchased on the platform is represented by a complex digital asset maintained using an Ethereum smart contract, and the purchase records are permanently stored on the Ethereum blockchain.
Cons
  • It certainly has a long way to go to compete with established platforms but blockchain is gaining such trust, so does its application.

Revainrating 4 out of 5

The blockchain with virtual reality

Decentraland is a platform that belongs to its users, and connects the blockchain with RV (virtual reality). It does so through an immersive and creative 3D virtual universe; a digital world where, in the words of the team behind the project, users "can create, experiment and monetize content and applications." In Decentraland, LAND always belongs to the community. Users can purchase virtual LAND plots in an "accounting book" of plots based on the blockchain, with each plot size set at 10…

Pros
  • Virtual reality (VR) platform powered by Ethereum.
  • Your native token is supported in large amounts of exchange with excellent market liquidity.
  • Excellent design and entry frame in its initial platform.
  • First is to work with virtual reality with blockchain.
  • It offers a variety of tools to experiment on the platform.
Cons
  • It is necessary to use MANA to obtain LAND on the Decentraland platform
  • Its competition may not be wide but it will face competition from other virtual reality projects based on blockchain such as Cappasity, but also from large technology companies such as Facebook and Microsoft that are expanding into the virtual reality space.

Revainrating 5 out of 5

Decentraland: An immersive virtual universe

Decentraland is an open-source interactive virtual reality platform in which users can buy, use and build on virtual land. The system guarantees its users full property rights as well as permanent property registration on the Ethereum blockchain.  There is no real goal in Decentraland. Instead, users cross a virtual world and buy virtual lands, named LAND. So you can create content and apps there, as well as experiment and monetize them. It is an interactive 3D world, which can be accessed…

Pros
  • The project is progressing well and the team is still active. The possibility of buying LANDs with Binance Coin is not negligible, it is an option that allows more people to be interested in the platform.
  • The team supporting the project is rather qualified. They are mostly former engineers who have worked on major projects in the crypto system. It is a strength that Decentraland allows itself to have and which strongly participates in the development of the idea and its realization.
  • According to the Entertainment Software Association, consumers spent $ 36 billion in the video game industry in 2017. In addition, CCS Insight predicts that 121 million virtual reality headsets will be sold by 2022, up from 22 million in 2018. The sector is developing rapidly and this could allow the arrival of many new players for Decentraland
Cons
  • There are many potential competitors in Decentraland. We can cite Neoland but especially High Fidelity, a virtual world operating with the EOS blockchain. The fact that the virtual reality sector is growing can also be a disadvantage for the Decentraland team.
  • Games inspired by Minecraft and trying to reproduce its gameplay are posted online continuously. It will be difficult for Decentraland to fare well and find a place among the many Minecraft-like. Even if the system is based on blockchain and being the owner of a virtual field, the biggest challenge is to attract players and convince them to invest in LANDs.

Revainrating 4 out of 5

Decentralized virtual city.

This project is only an application of the blockchain giving view to a fully configured environment created by the community giving rein to the idea and imagination of people, you can create what you want with your PC in a totally virtual world away from the rules of the reality, where you can create a virtual life, earn tokens selling virtual products and services. Spending that money in real life. This project is interesting although it already has many use cases in other services, such as…

Pros
  • Decentraland is a great virtual reality machine based on blockchain, but its main asset Mana is tied to the ethernet network being an ERC20 token
  • Programming is done using script. scripts
Cons
  • You need expert knowledge in 3D content creation platforms.
  • There are ALREADY products and services with similar characteristics.
  • It can be provided for illicit businesses.