Metaverse Research: Decentraland

Welcome to Part 1 of our in-depth research into the metaverse! This was originally posted on Metaverse Properties.

This report series aims to delve into the metaverse through describing its capabilities, applications, and developments; explaining different, prominent implementations of the metaverse in the context of Decentraland, Somnium, The Sandbox, Cryptovoxels, and Upland; offering explanations for different virtual real-estate offerings in each of these metaverses and the process of buying/renting land in each; as well as an offering a description of companies that facilitate virtual real-estate offerings within the metaverse.

As you know, the metaverse refers to a collectively shared virtual space that arises through the convergence of virtual and augmented reality, as well as the internet. It’s often heralded as a burgeoning, next-generation iteration of the internet, consisting of universally existent/accessible, three-dimensional, shared virtual spaces residing within a larger virtual universe.

This first installation of the series will focus specifically on the metaverse implementation known as Decentraland: a decentralized, Ethereum blockchain network-based, virtual reality (VR) platform that enables users to purchase parcels of three-dimensional virtual space in the metaverse. Via Decentraland, users can explore, create, play various games, collect items, and engage in many more activities.

If you would like to subscribe to our exclusive newsletter to keep receiving these reports please subscribe here!

View more articles

Welcome to the 72nd edition of ‘The Digital Asset Digest’. Today, we look at why Solana went offline and what it will mean for
Tezos is a distributed blockchain project that seeks to enhance peer-to-peer transactions. It also serves as a platform that people use to execute smart
The rise of NFTs and DeFi applications have pushed the value of Ethereum within striking distance of its all-time high. Decentralized applications are now
Global Digital Assets

Get in touch

By visiting this site you accept our terms and conditions.