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What is Decentraland? (MANA)

The Beginner’s Guide


Decentraland is a software running on Ethereum that seeks to incentivize a global network of users to operate a shared virtual world.

Decentraland users can buy and sell digital real estate, while exploring, interacting and playing games within this virtual world. Over time, the platform has evolved to implement interactive apps, in-world payments and peer-to-peer communication for users. 

Two different types of tokens govern operations in Decentraland.

These are:

  • LAND – A non-fungible token (NFT) used to define the ownership of land parcels representing digital real estate. 
  • MANA – A cryptocurrency that facilitates purchases of LAND, as well as virtual goods and services used in Decentraland.

Changes to the Decentraland software are enacted through a collection of blockchain-based smart contacts,  which allow participants who own MANA to vote on policy updates, land auctions and subsidies for new developments. 

For new releases and to follow its regular updates, be sure to bookmark Decentraland's blog.

What is decentraland mana


Who created Decentraland?

Decentraland基金会是开发Decentraland软件的幕后公司,并由 Esteban Ordano 和Ariel Meilich 于2015年创立。

Decentraland团队于2017年举行了首次代币发行(ICO),筹集了86206个以太坊(当时约合2600万美元)以资助其未来业务的运作。该基金会保留了20%首次代币的供应量,以及保留知识产权并维持Decentraland的网站。

在推出其平台之前,Decentraland成立了一个去中心化自治组织(DAO),以将项目的管理交给其用户。 此外,创始团队 声称控制Decentraland智能合约的私钥已被销毁.

How does Decentraland work?


The Decentraland application is built to track real estate parcels defined by LAND tokens. 

The software leverages the Ethereum blockchain to track ownership of this digital land, and it requires users to hold its MANA token within an Ethereum wallet to engage with its ecosystem. 

Further, developers are free to innovate within Decentraland’s platform by designing the animation and interactions experienced on their virtual real estate.

Architecture

Decentraland has many layered components built using Ethereum smart contracts.

The consensus layer maintains a ledger that tracks the ownership of land parcels. Each parcel of LAND has a unique coordinate in the virtual world, an owner and a reference to a description file representing the content within the parcel.

The content layer controls what happens within each parcel, and includes various files required to render them:

  • Content Files – referencing all static audio and visuals
  • Script Files – defining the placement and behavior of the referenced content
  • Interaction Definition – peer-to-peer interactions such as gesturing, voice chat, and messaging.

Finally, the real-time layer facilitates social interactions within Decentraland through user avatars, including voice chat and messaging.

Marketplace and Builder

Outside of the gaming environment, the Decentraland team has released a marketplace along with a drag-and-drop editor users can access to build scenes.

The marketplace enables participants to manage and exchange LAND tokens, priced in MANA. Owners can use the marketplace to transact or transfer parcels and other in-game items such as wearables and unique names. 

Of note, all transactions are settled between Ethereum wallets, and therefore are verified by Ethereum’s network and logged on its blockchain.

Decentraland’s builder tools authorize owners to curate a unique experience within their LAND parcels. Interactive scenes are designed through its editing tool, where developers can access customization libraries and payment implementations. 
 

 


Why does MANA have value?

MANA在Decentraland的虚拟世界中扮演着至关重要的角色,它可用于生态系统内的交易并可参与其软件的管理。

例如,拥有MANA的用户还可以通过定制自己的头像丶与其他用戶在平台上互动和探索其元空间。 

此外,拥有MANA的用户可以在修正政策時进行投票、进行土地(LAND)拍卖和补贴來改善平台。 

当土地(LAND)被拍卖时,用于购买土地的MANA代币会将被烧毁或从流通中移除,这会使MANA的供应出现通货紧缩。 随着平台新用户的增长,这可能会给代币价值帶來压力。


为什么要使用MANA?

Users may find Decentraland appealing as a customizable and shared virtual reality space.

The Decentraland ecosystem may also be interesting for gamers seeking to earn in-game currency that has monetary value, which could be exchanged for real-life goods and services. 

Investors may seek to add MANA to their portfolio should they believe in the future of virtual reality and its ability to connect users all over the world. 

Start buying Decentraland


Now you're ready to take the next step and buy some MANA!