Decentraland

Decentraland
Original author(s)Ariel Meilich, Esteban Ordano[1]
Developer(s)Decentraland Foundation
Initial releaseFebruary 20, 2020; 4 years ago (2020-02-20)[2]
Written inC#, GLSL, and HTML
Engine
Available inEnglish (official)
TypeVirtual world
LicenseApache-2.0
Websitedecentraland.org

Decentraland is a 3D virtual world browser-based platform.[5] Users may buy virtual plots of land in the platform as NFTs via the MANA cryptocurrency, which uses the Ethereum blockchain.[6] Designers can create and sell clothes and accessories for the avatars to be used in the virtual world.[7]

It was opened to the public in February 2020,[2] and is overseen by the nonprofit Decentraland Foundation. In 2017, the platform raised $26 million in its initial coin offering (ICO);[1] by 2022 indy100 reported that it had a $1.2 billion market evaluation.[8] While DappRadar found that as few as 38 users performed currency transactions in a single day, Decentraland claimed that 8,000 people per day used the platform in 2022.[9]

Decentraland has received widespread criticism by technology and video game journalists for its technical bugs and mostly empty virtual world.[5][10][11][12]

  1. ^ a b Cite error: The named reference russo was invoked but never defined (see the help page).
  2. ^ a b "The gates to Decentraland have opened!". Decentraland. 2020-02-20. Retrieved 2021-12-26.
  3. ^ "Decentraland Project Update — June 4th". decentraland.org.
  4. ^ Nico Earnshaw (Jun 3, 2019). "Build More, and Better, With the SDK 6.1". Decentraland. Archived from the original on 2019-10-03. Retrieved 2024-01-16.
  5. ^ a b Cite error: The named reference ravenscraft 2021 was invoked but never defined (see the help page).
  6. ^ NFTs: The Center of Attention at Sotheby's Virtual Decentraland Gallery Helen Holmes, Observer Media, June 7, 2021
  7. ^ Miranda, Leticia (15 August 2022). "Avatars need their nails done, too. Enter the metaverse side hustle". NBC News. Retrieved 22 September 2022.
  8. ^ Cite error: The named reference indy100 was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference verge was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference Gizmo31Jan was invoked but never defined (see the help page).
  11. ^ Cite error: The named reference BI was invoked but never defined (see the help page).
  12. ^ Cite error: The named reference koebler was invoked but never defined (see the help page).