Ethereum-based
Virtual Reality World Decentraland Goes Live
Decentraland, an Ethereum-based
virtual reality game has gone live. The game lets users connect via their
Ethereum wallets and interact with a digital world through them. In it, it’s
possible to purchase virtual real estate in the form of non-fungible tokens
called LAND.
Unlike other popular, similar
games like Second Life, Decentraland is built on top of the Ethereum network
and, as such, users hold ownership of all in-game items. Transactions
conducted in the virtual world are recorded on the blockchain and cannot be
rolled back.
Using Decentraland’s software
development kit (SDK) users can also build interactive 3D scenes on their
purchased lands without having to code. To celebrate the game’s launch the
organization behind it hosting a treasure hunt offering virtual items,
including LAND, worth $100,000 in value.
In Decentraland there’s a marketplace where users can trade
tokens, accessories, and more. The project is already reportedly trading 10
times more virtual property than the famous CryptoKitties game.
