Review on Decentraland by Pedro O. Alvino M.
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 meters by 10 meters. Once you own LAND, you control what content is published in that part of the digital world, and the Decentraland team states that you are only limited by your imagination as to what you believe, therefore it is a platform that can have a great future impact
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.
