Decentraland, the Second Life of Virtual Reality, LAND Goes on Sale Thursday
Virtual reality is coming.
A couple weeks back I wrote about Spectiv. It’s like a YouTube for virtual reality videos. I like the concept and the team, check it out if you haven’t already.
Today I’m going to talk about another virtual reality project on the blockchain, Decentraland It’s having a token sale starting August 17, more on that in a moment.
Decentraland is a virtual reality platform powered by the Ethereum blockchain. It’s like the Second Life of virtual reality.
On the platform users can create their own world, have virtual experiences, and monetize content and applications.
You start by purchasing virtual land, which you own with an immutable record of ownership on the Ethereum blockchain.
What you can do on Decentraland is only limited by your imagination.
Want to know what it looks like? You can check out the video to get an idea. Here’s a few pics.
Sea
Land
City
The token sale starts on August 17. You can get all the details from the website.
Decentraland has a $25 million hard cap to sell its MANA tokens. Each 1,000 MANA starts at a price of $24 and 1,000 MANA entitles you to 1 LAND.
You’ll need LAND to own your own piece of Decentraland. As the token sale goes on, the price of MANA increases up to $40 per 1,000 MANA.
I might try to participate in the sale, just for speculative purposes.
What about you? Are you going to purchase any virtual LAND?
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That looks totally insane! How soon till its up and running? I want a piece. :)
Soon. At some point after the token sale is complete but before the end of the quarter they're doing their Terraform event, where you can claim land. Then they'll launch the Iron Age which is the next iteration of the platform. Check out the website for more details - https://decentraland.org/
Thanks! Following you for further news.
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Cool, I like this bot. Too many lazy people copy and paste.
Is this something like Second Life?
Exactly
If cryptocurrency isn't a confusing enough concept, virtual land seems sooooo wild.
I hear you. I started thinking about virtual reality... and on the blockchain... and my head started spinning. Plus it's land, but not real land. But I do know Second Life has over a million users and an economy worth over $500 million. Decentraland could do the same or more.
Yeah, honestly I don't understand how second life keeps going it seems like it's been around forever, but I guess as long as there's a crowd for it people may stick around forever
A blockchain-based Second Life that you can play in Virtual Reality. This could end up being really cool!
I think so too... We'll see if the 'if you build it they will come' theory holds up.
that's amazing wowooww :-)
yea can't wait to check it out
really awesome ...
I'll buy post ICO if the price action looks right. I can't see anything being successful that demands work by the user.
What's "work" to some is fun to others.
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