Decentraland: Decentraland is a decentralized, blockchain-based virtual world where users own, build, and monetize content and applications. Launched in 2020, it runs on the Ethereum and Polygon blockchains, using the MANA cryptocurrency and NFTs to represent land and digital assets. Users can create 3D scenes, host events, and trade virtual goods in a persistent, open environment. Decentraland emphasizes user governance through its DAO, allowing token holders to vote on platform upgrades. Brands and communities have established virtual spaces for marketing, art, and socializing. While facing scalability and adoption challenges, Decentraland represents a vision of a user-owned metaverse, free from centralized control. It explores new economic models and digital ownership, serving as a pioneering experiment in decentralized virtual economies and community-driven virtual worlds.
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