VR virtual reality platform Decentraland running in the Ethereum blockchain

Decentraland is a VR virtual reality platform that runs on the Ethereum blockchain.

Dreams still have to be there, in case of realizing it?

Imagine buying a piece of land in the blockchain world. You can watch concerts, participate in activities, shop with friends, and create your own dream estate.

Now, with the launch of the VR virtual reality platform Decenceraland, this vision has become a reality. Decentraland is a VR virtual reality platform running on the Ethereum blockchain where users can create, experience, and even rely on developing platform content and program experience to generate revenue.

Whether it's conceptual ideas, team building, community maintenance or recent real digital currency players and market recognition, Decentraland is the strongest application in the VR field of blockchain technology.

Seize the opportunity of the blockchain market

Since the beginning of this year, various blockchain projects have sprung up, and Decantraland has also received particular attention this year. However, Decentraland is not a “newcomer” to the blockchain, but has been planning this project since 2015. As the first company in the blockchain segment to use VR technology, Decentraland has a very significant first-mover advantage in the early days of the industry.

In June 2015, Decentraland was launched by developers Ari Meilich and Esteban Ordano. It can only be modeled by simple grids in the territory, and uses POW algorithms like Bitcoin to allocate pixels to users. It is also in the Stone Age of the product line. ". Ecentan Ordano, CTO of Decentraland, has a strong background in his resume. He worked for Bitpay as a software engineer. You know, Bitpay is like PayPal or Alipay in the field of Bitcoin.

In August 2017, Decentraland began MANA token sales. MANA is an ERC20 token that allows users to access territories and interact with other users. At the time, as the first decentralized real estate ICO in virtual reality, Decentraland's MANA tokens were sold out in just 35 seconds, raising a total of $35 million in Ethereum.

After Q4 last year, Decentraland stepped into the Iron Age, adding multi-user support and virtual portrait and live chat capabilities, while allowing custom items and scripts to be created on their own territory.

In the future, Decentraland ambitiously built its own "electronic age" picture. Here you can see a full-fledged 3D world running on a common blockchain with full VR support and custom physics.

Strong partners all the way to run

Today, more and more quality companies are optimistic about the future of Decentraland. As early as the fourth quarter of 2017, Aelf and FBG Capital participated in the Terraform aucTIon project in Decentraland and teamed up to build an encrypted digital city called Crypto Valley. In addition, several digital currency exchanges such as Okex, Firecoin, Bigone, HitBTC and Exchange Union have also announced their participation in Decentraland's initial land reclamation program.

On the other hand, virtual rendering software provider OTOY has also partnered with Decentraland to improve Decentraland's VR experience.

In terms of security, in order to prevent the project party from deleting user data at will, Decentraland stores the data on IPFS. IPFS is a global, peer-to-peer distributed version of the file system. When the file is added to the IPFS node, it gets a new name. This name is actually a cryptographic hash that is computed from the contents of the file. By encrypting, the hash can only represent the contents of the file. Even if only one bit of data is modified in the file, the hash will be completely different. This completely avoids the possibility of doing centralization in the past.

Landers get the world

In the world of Decentraland, there are 90,000 plots of land, each 10X10 square meters, with coordinates (-150, -150) - (150, 150), for a total of 9 square kilometers. It is reported that about one-third of the land has been allocated to the overall planned development community, so only about 60,000 pieces of land are auctioned to investors around the world in the form of Terraform aucTIon.

It is reported that as of December 25, 2017, a total of 210 million MANA (equivalent to 20 million US dollars) was involved in the auction. The coordinates of the land king that was born at that time were (-12, 1), and the auction price was 596053 MANA, which was about 400,000 RMB.

In the game, a piece of land may not be worth the price. However, due to the scarcity of land in the VR world, if VR interaction is realized in the near future, people who have not entered the market may miss the “real estate prosperity” of the virtual world just like the real estate era a few years ago.

It is understood that Decentraland is doing a decentralized land market, and the interface looks similar to land auctions. People can see what land can be sold or purchased from other people, all of which are presented in a decentralized manner. At the same time they are working hard to develop a multi-view interface for the land editor, Decentraland. This allows people not only to buy land in the secondary market, create content and publish it on their land, but also to see their work from the perspective of God.

There are coins that have the future of the world

In addition to the speculation of Decentraland, the most anticipated is the production and operation of content based on land. For example, in FashionStreet, there will be a clothing store in the future, and users can use VR technology to enter Fashion Street in the virtual world at home, then try on various costumes and use MANA to pay for orders. After that, the real world clothing dealers will mail the clothes to us. In Vegas city, there are also various bars and casinos, and you can enjoy all kinds of social interactions while sitting at home.

In addition, Decentraland has two well-known online teaching institutions - Phoenix University and Khan Academy. Here, they record videos on the network for the students to watch, but there is no interaction between the teachers and the students. The land of Decentraland University is also reserved in the world of Decentraland. If there is a real educational institution in the future, VR technology may subvert the current mode of education.

However, the blockchain technology is still relatively new and the entry barrier is also high. For those who don't understand the blockchain, it may be too early to participate in the project, but the number of people entering the blockchain is rising at an alarming rate.

It is understood that Decentraland is laying out its global ambitions. Currently, Decentraland has visited many cities in China, including Shenzhen, Shanghai, Hangzhou and Beijing. Ari Meilich said that in addition to the United States, the number of users and the amount of investment in the Chinese community is the largest.

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