Decentraland (MANA)

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Average Ratings

Risk?

Measures absolute and relative price fluctuations over several time frames and other variables.

★★★☆☆
Roi?

Calculates returns in comparison to moving averages and other factors.

★★★★★
Tech?

Measures the ability to scale, upgrade and other technological weaknesses or strengths.

★★★★☆
Team?

Evaluates public acceptance, participation of developers and other key factors.

★★★☆☆
Total
★★★☆☆

Website:

https://decentraland.org

Social:

Risk

Decentraland is a virtual reality platform where users are able to create content and applications, as well as experience and monetize them. On the one hand, this could become the next SimCity, on the other hand, this may just remain another VR platform that is a flash in the pan.

ROI

What makes this project uniquely impressive is the way it enables its users to monetize an endless array of constructions that they can create within the space, such as casinos, theme park rides and so on: all the while enhancing the overall experience for its users.

Due to the decentralized features of the blockchain, ownership of these constructions belong exclusively to their creators and cannot be infringed upon by outside parties or the Decentraland team itself. It is important to note that the LAND in Decentraland is scarce. This is designed to not only increase demand somewhat but also enhance the overall user experience and the ability to discover content.

Tech

The Decentraland virtual reality platform is powered by the Ethereum blockchain. It uses this blockchain to store crucial information about land ownership and other important content. The Ethereum smart contact is responsible for validating modifications made by the owner of the land. Users can use MANA to buy empty land as well as buy any digital goods and services that are within the platform.

Team

If there is a disadvantage in Decentraland its that of the team. While the Decentraland team has experience in the blockchain technologies, there is a lack of experience in the gaming industry. It’s hard to sustain a gaming company without an insider’s perspective.  

Overall

With virtual reality growing in popularity, and gaming on the blockchain proving popular, Decentraland could be the way of the future. Its ability to combine VR with cryptography allows for a decentralized virtual reality, without any limits put in place by a controlling organization. This should allow a much greater amount of freedom for developers and users alike who want to try out new ideas. Time will tell if this proves to be the SimCity of the future.

Risk

Decentraland is a virtual reality platform where users are able to create content and applications, as well as experience and monetize them. On the one hand, this could become the next SimCity, on the other hand, this may just remain another VR platform that is a flash in the pan.

ROI

What makes this project uniquely impressive is the way it enables its users to monetize an endless array of constructions that they can create within the space, such as casinos, theme park rides and so on: all the while enhancing the overall experience for its users.

Due to the decentralized features of the blockchain, ownership of these constructions belong exclusively to their creators and cannot be infringed upon by outside parties or the Decentraland team itself. It is important to note that the LAND in Decentraland is scarce. This is designed to not only increase demand somewhat but also enhance the overall user experience and the ability to discover content.

Tech

The Decentraland virtual reality platform is powered by the Ethereum blockchain. It uses this blockchain to store crucial information about land ownership and other important content. The Ethereum smart contact is responsible for validating modifications made by the owner of the land. Users can use MANA to buy empty land as well as buy any digital goods and services that are within the platform.

Team

If there is a disadvantage in Decentraland its that of the team. While the Decentraland team has experience in the blockchain technologies, there is a lack of experience in the gaming industry. It’s hard to sustain a gaming company without an insider’s perspective.  

Overall

With virtual reality growing in popularity, and gaming on the blockchain proving popular, Decentraland could be the way of the future. Its ability to combine VR with cryptography allows for a decentralized virtual reality, without any limits put in place by a controlling organization. This should allow a much greater amount of freedom for developers and users alike who want to try out new ideas. Time will tell if this proves to be the SimCity of the future.