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Decentraland

NFT Marketplace

An NFT marketplace based on decentralised games.

Decentraland

Overview

What is

Decentraland

An NFT marketplace based on decentralised games.

Decentraland

fees

Taker fee =
Maker fee =

Decentraland

supported currencies

Twitter
@decentraland
Available in the US?
Year founded
2017
Accepted payment forms for
Decentraland
No items found.

Pros

  • Decentraland’s community governance is backed by the Security Advisory Board (SAB)
  • It has an option for auctioning of NFTs and selling of LAND for MANA
  • There are several uses of Decentraland tokens

Cons

  • No form of interaction between users
  • Risk of exploitation as result of the risk of cyberattacks
  • Percentage fee on all trades

Features

  • Digital real-estate

Decentraland

Review

What is Decentraland?

Established in the year 2017 by a blockchain company called metaverse Holding Ltd based in Shangai, China. Decentraland is a virtual world built on the Ethereum blockchain.

Decentraland is a virtual world built on the blockchain that is aimed to recreate a free-market economy. For instance, It contains Decentral games which is a metaverse casino, owned and monetized by its users. It mainly uses MANA tokens and LAND parcels. MANA tokens are the currency in Decentraland. MANA tokens can be used for buying wearables and other in-game items, whereas LAND is a non-fungible token representing an area of 16m x 16m, or 52ft x 52ft.

Addittionally, when you trade on Decentraland, they charge you a commission, normally a percentage on sale in trade also since Decentraland transactions are done on Blockchain, it attracts a gas fee of 2.5 MANA.

Decentraland Marketplace only supports Cryptocurrency mainly MANA but does not permit fiat currency.

Year Founded: 
2017
Checkout Decentraland now
@decentraland

Decentraland

FAQs

Is
Decentraland
centralized or decentralized?

Decentraland

is a

NFT Marketplace

Is
Decentraland
available in the US?

Yes,

Decentraland

is available for users in the United States.

No,

Decentraland

is not available for users in the United States.

How many cryptocurrencies does
Decentraland
support?

Decentraland

supports

How many collections does
Decentraland
support?

Decentraland

supports

Customer Reviews Of 

Decentraland