Decentraland
Decentraland is a 3D virtual reality platform owned by its users. The platform allows users to create, trade, and explore in the virtual world. Decentraland came into existence in 2015, when two Argentinians Esteban Ordano and Ari Meilich started its development. When it was first launched for people in 2017, it sold parcels of digital land for $20. In 2021, the platform witnessed a surge in the number of users and estimated around 1600 participants that including both active and non-active users.
The currency has been volatile due to a relatively small pool of mana, reaching as high as $5.79 in the wake of events like Facebook’s rebranding as Meta.
What all the platform allows you to do:
Explore
The platform allows you to walk through the lands owned by different users and enjoy the scenic views and structures. Everything you’ll come across on the platform is designed by the users using their creative minds.
Create
If you have a zeal to create something in a virtual space, this platform is for you. You can create anything you want using the builder tools available on Decentraland. Create artworks, challenges, or anything you like without any hassle.
Trade
Decentraland marketplace also allows you to trade using NFTs (Non-fungible Tokens). You can buy and sell lands, Avatars, Estates, and a lot more on the platform.
Watch Live events
The platform is all set to host its first-ever Metaverse fashion week which will be a virtual fashion event. The participants are many big fashion brands like The Fabricant, Auroboros, etc.
Through this event, Decentraland is set to unite people from all around the globe and be a part of the event. It will also revolutionize events like this where people can attend only if they have the invite. On contrary, this virtual event can be attended by anyone who wishes to attend it.
Decentraland is hosting a 4-day virtual catwalk that will include multiple runway shows, afterparties, and pop-up shops. Decentraland’s Luxury Fashion District will host the event, featuring a variety of big names in the fashion industry, including Dolce & Gabbana, Tommy Hilfiger, and Etro among others.
Auroboros, the digital fashion brand, will close the event with a series of NFT auctions for its digital collection Biomimicry.
