Decentraland is the fastest-growing role-playing in the metaverse, launched in 2015. You can create your scenes or applications, explore other users’ environments, and even trade your properties to earn massive profits.
The Ethereum blockchains connect Decentraland’s economy with Fungible Tokens, called MANA, acting as the game’s currency. Just like the real world, you need to invest these tokens wisely and grow your properties to make money in the metaverse.
Getting Yourself Some MANA
Before exploring the Decentraland world, you will need some MANA as a fungible token. You can earn it using digital currencies by following steps;
- Find an exchange that lists MANA as one of its demands. Some of the popular ones include Binance and Coinbase.
- Deposit currency into your account to obtain crypto that appears in a currency pair with MANA, like Bitcoin or Ether.
- In the exchange’s ‘Buy’ selection, enter the amount of crypto you want to spend to the MANA.
- Ensure all your details are correct, consider the applying fees, and proceed to your transaction.
Land In Decentraland
If you think about buying virtual land, here’s a surprise for you. Investors are shelling out millions of bucks for virtual lands. Decentraland is one of those platforms.
Metaverse allows users to buy and sell its spaces, called land. It then documents users’ digital properties’ ownership of the Ethereum blockchain to ensure they are secure and easily transferable.
So what do you need to learn about the Decentraland?
- Each land measures 16m by 16m on the x and y Cartesian axes. The game’s total digit of properties is 90,000.
- These assets function like Non-Fungible Tokens. It means they aren’t interchangeable, as each parcel has characteristics that make it uncommon.
- You can purchase a land parcel at your game’s platform or on third-party exchanges for approximately $5,800, around 6,900 MANA.
- Land parcels are closer to frequently visited districts like Dragon City, Vegas City, and Crypto Valley, which are more valuable.
- If you own land parcels directly to each other, you can connect them to make Estates. That will allow you to build your larger developments.
What Can You Do With your Virtual Land?
Once you own your land, you are free to create digital interactives and applications, such as casinos and games, which you can monetize too. The most popular developments within Decentraland are;
- Art Galleries – Owners can display and trade Non-Fungible Token, such as Cryptopunks and Cryptokitties.
- Casinos – You can create casinos by voting them using Decentral Games Tokens. It’s all about stocking games lobby and playing or earning the currency from other parties.
- Games – Developers can increase their land value by creating games using Decentraland Software Development Kit. One of the popular games is Whac-a-mole.
- Clubs – These are music platforms where other players pay to enjoy concerts and DJs through their digital avatars.
Decentral Games: Be The House In Decentraland
Decentral Games is a virtual casino provider powered by $DG tokens and owned by users. You can earn $DG by playing in other casinos, allocate your house profit, or can earn referral awards. In addition, collecting enough $DG will allow you to vote in a casino on your property.
Earning $DG Tokens
- Playing Games – Gameplay mining allows players to get $DG for play using MANA. You will earn special $DG bonuses for playing on multiplayer tables or wearing certain NFTs during the session.
- Affiliate Bonus – If any new player joins the casino using your referral code, you’ll receive $DG tokens. The game usually provides these bonuses as a percentage of the $DG amount that your referral will earn when playing.
- Governance Rewards – You can earn $DG by allocating some of your casino’s profit in Decentral Game’s governance contract.
Decentraland Casino Gaming
At Decentland Casino, you can play a variety of casino games online. It’s one of the most popular poker games, but you should use MANA instead of the Fiat currency. Other casino classics that you’ll find include;
- Slots
- Blackjack
- Roulette
- Backgammon
Decentraland – The Perfect Gaming Destination With Virtual Assets
Decentraland will allow you to experience & create incredible scenes, structures, and applications. The best part of decentraland is buying and selling your land, estates, collectibles, and games in the in-game marketplace backed by the secure Ethereum blockchain.
