Virtual landscapes built on blockchain technology, such as Decentraland and Cryptovoxels, are the next stage in its development. They are both the future and the present. They’re a mix of social media, gaming, business, and innovation. They are the Metaverse’s gathering places. They are crucial for you to comprehend.d
Therefore, what are blockchain-based virtual realities, precisely? The Ethereum blockchain creates both Decentraland and Cryptovoxels. These are user-owned landscapes. By buying rare Land NFTs, players can own a portion of the world. Every plot is distinctive, and possession can be easily traceable since the in-world land is signified by an NFT.
Owners of Land NFTs have authority over certain regions inside the virtual environment. Land ownership, whether a lone plot in Cryptovoxels or an estate in Decentraland, enables you to construct and commercialize three-dimensional spaces. It’s just like the real world.
Players can also connect with pals and have fun, much like in the real world. Numerous art galleries, bars, meeting rooms, games, and other attractions may be in these digital environments. In reality, across Decentraland and Cryptovoxels, there are everyday in-world engagements. Furthermore, these activities are really simple to attend.
All one requires is a web browser, usually Chrome, Brave, or Firefox, and a cryptocurrency wallet like MetaMask setup to enter these worlds. While you do not require a wallet to start with Cryptovoxels, you will need one if you want to buy land or wearables. To keep your valuables safe, the wallet functions similarly to a personal bank account.
Differences: Dencentraland & Cryptovoxels
Users can also design their original NFT wearable inventions with Cryptovoxels. These are voxelized pieces that match the system’s Minecraft-like style. Decentraland, on the contrary, has only made virtual garment creation available to a select set of people. Presently, individuals must propose suggestions that the community must vote on and authorize before they can develop Decentraland Wearables.
Participants must own Decentraland’s native cryptocurrency, MANA, in order to vote on ideas, revisions, and new advancements. MANA emerged in 2017 as part of an initial coin offering (ICO). During the original offering, 40% of MANA sold, with 20% going to the founding team, 20% to the community and partners, and 20% remaining with the Decentraland Foundation. MANA has a total supply of a little over 2.1 billion coins, as per CoinMarketCap.
MANA’s usage is for real-world transactions in addition to voting and managing the Decentraland platform. Certain games, as well as some locations, may require MANA to play or enter. MANA can also buy land, wearables, and avatar names on the open market.
Cryptovoxels, unlike Decentraland, do not feature an in-world coin. Cryptovoxels used to employ the COLR token to enable users to customize their projects with different colors, but that service halted in June 2020. COLR is no longer required to use any in-game features.
If you want to buy land in Decentraland or Cryptovoxels, you can do so on OpenSea, the world’s biggest NFT marketplace. You can view what’s available for purchase, sold NFTs, and what’s up for auction there. On OpenSea, you can also get NFT names and wearables. In addition, Decentraland has its own separate dedicated marketplace website. Both are suitable for purchasing and selling various NFTs.
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