![]() ![]() In 2017, Decentraland had its ICO, where it offered MANA tokens $0.02 per token to the public. The stage also introduced LAND and MANA tokens. Just have a look.įinally, the Iron Age introduced a platform for developers where they could build on Decentraland and create content or application to monetize them. ![]() Decentraland Iron Age (2017 Onwards)ĭecentraland has made a very apt video for its Iron Age. It was a 3D (Three Dimensional) virtual world divided into land parcels. In late 2016, the development of the Bronze Age started. Decentraland Bronze Age (2016-17) Decentraland Bronze Age The project started in 2015 as a proof of concept for allocating ownership of digital real estate to users on a blockchain. ![]() Decentraland Stone Age (2015-16) Decentraland Stone Age Brief History of DecentralandĪ brief history of the Decentraland Metaverse project is as follows: 1. Now, let’s explore the project further with a brief history. In short, the project has created a whole virtual world with its own in-world economy, and MANA serves as a currency for that economy. In addition to this, Decentraland also has another in-house token called MANA which can be used to buy LAND and other digital goods and services on the marketplace. Each parcel is a Non-Fungible digital asset and is accompanied by an NFT (Non-Fungible Token) called LAND. The whole platform is divided into more than 90 thousand parcels. The platform is governed by a Decentralized Autonomous Organisation (DAO), which is further run by the token holders of Decentraland. The platform can be used to experience, create or monetize an application or content. What is Decentraland? Decentraland Metaverseĭecentraland is a decentralized virtual reality platform built on the Ethereum blockchain network.
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