Decentraland :  The Ultimate Beginner's Guide

What is Decentraland? Decentraland is a community based platform build on Ethereum blockchain.It is a virtual world where you can interact with other community members to have a social experience. 

This foundation was founded by Ariel Meilich and Esteban Ordano in 2015 , later developing Decentraland virtual world 2020. 

 The ultimate GOAL of Decentraland is  to establish a network that allows its content creators to own and capture the full value of their contributions.

Participation in Decentraland could be done through  the various activities, play games, buy and build lots of LAND, and earn currency known as MANA, which can be exchanged for other currencies which have real-world value.

To access Decentraland, one has to simply go to the Decentraland website and create an account, or they can roam around with your personal avatar using only a guest account.

To take advantage of everything Decentraland offers, for that you will need a web3 wallet.

Decentraland aims to make everything decentralized and give power to the people. Decentraland even has its own DAO giving its community the right to vote in the virtual space. 

What Is LAND? LAND in Decentraland is spaces of land stored as an ERC-721 NFT on the Ethereum blockchain. It can be used to build 3D spaces and applications, which can be traded as an NFT.

What is MANA ? MANA is the cryptocurrency of Decentraland, and it has a limited supply. Because it is an ERC-20 token (fungible token), it can be purchased and traded on crypto exchanges.

The protocol of Decentraland is divided into three layers: Consensus layer Land content layer  Real-time layer 

Future of Decentraland: Its success is   determined by the following points- how well it rises to the challenge, - how much it improves its features, - how it responds to existing concerns. 

To Know  in Detail How NFT Works: