The many practical applications of NFTs continue to set new blockchain trends that go beyond making digital files unique. From play to earn games and move to earn shoes to virtual worlds where users can own plots of lands, that is the case of Decentraland, a platform that claims to be the first-ever virtual world and metaverse owned by its users. The name speaks for itself ‘decentralized’ which basically means the users rule and own the platform and ‘land’ refers to plots of land that make up the virtual world and that users can buy and sell. Continue reading if your want to know more about Decentraland.
How does the Decentraland work
The virtual world of Decentraland is made up of limited plots of land that are actively bought and sold using an NFT token called MANA. The token was made specifically for the platform using Ethereum’s ERC-20 standard. Each plot measures 10 sq meters (33 sq ft) with no limits to the height of the LAND. Users can also build anything they want in their own plots of land, from artworks and dynamic 3D scenes to challenges, applications, and more. The experience is really a test of the imagination. In addition to buying and selling LAND, users can buy and sell other digital assets such as avatar wearables, Estates, names, and other items.
Also, Decentralized works similarly to a social network in which users interact with others, explore the virtual world, attend events, meet people as avatars, and more. The metaverse platform has hosted a number of important events including music festivals, book launches, and the more recent metaverse fashion week. The highest plot of land ever sold was bought by token.com for 618,000 MANA which at was worth around $2.4 million. The land is located in the “Fashion Street” area of Decentraland’s map and is made of 116 parcels. Tokens.com said it would be used to host digital fashion events and sell virtual clothing for avatars.
Decentraland and your sports NFT collection
If you happen to be an avid collector or investor of sports NFT art, you can use Decentraland as a way to display, buy, and sell art. When exploring Decentraland, you will find many personalized spaces that have been built solely for this purpose. As a creator, this is an excellent way to market your content as it can be used to reach a large audience that is brought into an immersive 3D experience that is created to your own likeness, plus the audience is already interested in the latest blockchain NFT trends.
Visit us at StadioPlus. We´ll be glad to answer your questions in regards to metaverse worlds such as Decentraland and how you can use them to your advantage to display sports NFT. Also, join us on our social media channels, Twitter Stadioplus and Discord StadioPlus.