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Decentraland

Decentraland is a decentralized virtual reality (VR) world that is powered by the Ethereum blockchain. In this virtual world, you can purchase land, build, monetize, and immerse into the applications and content built by other users. What distinguishes Decentraland from other VR projects is its decentralized nature. Land and in-game currency are powered by the Ethereum blockchain, which give users complete ownership and promotes transparency. MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. People use MANA to purchase LAND (blockchain-backed token) and pay for goods or services within Decentraland.

Ari Meilich was an early pioneer in the metaverse by building Decentraland, along with Esteban Ordano and their team, the first decentralized virtual reality space in 2017.

‘Can't Be Evil': The Democratized Vision Of The Metaverse Enabled Decentraland To Flourish

Ethereum-based virtual world platform Decentraland (MANA) is outperforming the wider cryptocurrency market late Monday amid metaverse optimism.

Why Metaverse-Play Decentraland (MANA) Is Outperforming Bitcoin, Ethereum Today

The best performing altcoins are all in bullish momentum as they recover from oversold regions. As bulls buy the dips, the altcoins are attracting buying pressure on the downside of the charts. The uptrend will continue as the altcoins break through their respective current resistance levels.

Weekly Cryptocurrency Market Analysis: Altcoins Attract Buying Pressure as Bulls Buy the Dips

The host of popular crypto channel Coin Bureau is unveiling one nascent crypto sector that he believes is positioned to reward the efforts of billions of users across the world.  In a new video, the analyst known as Guy tells his 1.9 million YouTube subscribers that he's keeping a close eye on GameFi, an emerging […] The post One Bullish Crypto Sector Has a Bright Future Ahead of It, According to Coin Bureau – Here's Why appeared first on The Daily Hodl.

One Bullish Crypto Sector Has a Bright Future Ahead of It, According to Coin Bureau – Here's Why

Quick Take Decentraland's value proposition is centered on social experience, as evidenced by the current progress of its metaverse, which includes art galleries by Sotheby's and Samsung virtual store. MANA's value capture is based on the burning mechanism through its economic activity, but its community members opted to convert it to a revenue-generating mechanism to accelerate Decentraland's development. Decentraland may be at risk of poor and inactive urban planning due to the ability to create ESTATEs by anyone with two or more adjacent lands. This could result in aimless exploration, leaving the users disinterested in staying in the metaverse.

Decentraland: DAO-Governed Virtual Real Estate

After the electronics giant Samsung disclosed the firm's upcoming 2022 smart televisions would boast non-fungible token (NFT) support, the company has revealed it has opened a virtual store inside the Decentraland metaverse. Modeled from the physical store Samsung 837, Samsung's metaverse store is called “Samsung 837X.” Samsung Steps Into the Metaverse Samsung is all about […]

Samsung Reveals Virtual Store 837X in Decentraland Metaverse With NFT Badges and Theater

South Korean electronics giant Samsung has become the latest corporation to join the metaverse bandwagon. At the Consumer Electronics Show, Samsung debuted Samsung 837X, an immersive world that can be explored virtually.

Samsung Teams With Decentraland For Metaverse Foray: What You Need To Know

Electronics giant Samsung has opened 837X, a virtual replica of its flagship 837 store, in metaverse platform Decentraland.

Samsung Opens Metaverse Store in Decentraland

Samsung Electronics America has entered the metaverse world in collaboration with Decentraland, an Ethereum-based virtual reality platform. The post Samsung enters the metaverse, opening its flagship 837 store in Decentraland appeared first on The Block.

Samsung enters the metaverse, opening its flagship 837 store in Decentraland

The tennis tournament is merging NFTs with on-court action in a creative twist on generative artwork.

Australian Open Apes Into Tennis NFTs and Decentraland Too

CNBC contributor and CEO of digital currency investment firm BKCM Brian Kelly is naming three metaverse altcoins that he believes possess high potential in 2022. In a new episode of Fast Money, Kelly says that the three altcoins will appreciate as their respective virtual worlds become more popular. In the case of Decentraland (MANA), a […] The post Decentraland (MANA) and Two Altcoins That Exploded 16,000%+ in One Year Are Top Picks for 2022: CNBC's Brian Kelly appeared first on The Daily Hodl.

Decentraland (MANA) and Two Altcoins That Exploded 16,000%+ in One Year Are Top Picks for 2022: CNBC's Brian Kelly

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The world's largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in. Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which amounts to a staggering $40+ billion. The vast majority of Grayscale's holdings are in the Bitcoin (BTC) Trust, which accounts for […] The post Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins appeared first on The Daily Hodl.

Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins

There's a New Year's Eve fiesta in the metaverse called the Metafest 2022 Global Party hosted by the real estate firm Jamestown and the crypto investment firm Digital Currency Group (DCG) in Decentraland. According to the announcement, the owner of One Times Square, Jamestown will recreate the iconic site in Decentraland for the 2022 ball […]

Metaverse NYE Parties: Decentraland New Year's Eve Bash to Recreate One Times Square, Paris Hilton to DJ in Roblox

Virtual One Times Square and its New Year's Eve celebration is one of the first culturally significant events translated into the metaverse. The post Decentraland to get a Times Square New Year's Eve celebration appeared first on The Block.

Decentraland to get a Times Square New Year's Eve celebration

Real estate firm Jamestown is snatching up 170 parcels and hosting a virtual New Year's party concurrently with its meatspace counterpart.

New Year's Eve Party Comes to the Metaverse as Times Square Building Owner Enters Decentraland

Bitcoin

Ethereum

Cardano

Polkadot

Much of the crypto market is in the red today, yielding $523 million in futures liquidations in the process.

Bitcoin, Ethereum, Metaverse Tokens Sink Further After Holiday Crypto Rally

Shiba Inu

Terra

Overnight riches from big price hikes come and go in crypto, but these tokens kicked off lasting trends this year.

From OHM to SHIB: 5 Most Impressive Altcoins of 2021

Decentraland and UNXD are calling on fashionistas to have their virtual collections ready to show in the metaverse.

Decentraland, Luxury Marketplace UNXD to Host Metaverse Fashion Week

Polygon

yearn.finance

New statistics show that Ethereum (ETH) whales are gobbling up gaming and social altcoins as the crypto market recovers from its latest pullback. The top 1,000 ETH whales are snapping up millions of dollars worth of metaverse tokens, stablecoins and ETH-based altcoins, according to whale-surveying platform WhaleStats. WhaleStats reveals that the top 10 coins being […] The post Ethereum Whales Loading Up on Several Gaming Altcoins As Top Wallet Executes Massive $45,686,644 Crypto Trade appeared first on The Daily Hodl.

Ethereum Whales Loading Up on Several Gaming Altcoins As Top Wallet Executes Massive $45,686,644 Crypto Trade

New data shows that the world's biggest Ethereum whales are loading up on a diverse array of altcoins ranging from meme coins to metaverse gaming to tokens that power crypto exchanges. The latest numbers from WhaleStats reveal that the 1,000 wealthiest non-exchange Ethereum addresses are lapping up popular meme crypto asset Shiba Inu (SHIB). SHIB […] The post Biggest Ethereum Whales Now Holding Shiba Inu, FTX Token and Six Additional Altcoins appeared first on The Daily Hodl.

Biggest Ethereum Whales Now Holding Shiba Inu, FTX Token and Six Additional Altcoins

While the metaverse going mainstream has seen several altcoins explode in value and recognition, crypto whales are gobbling up a lesser-known gaming project. According to crypto tracker WhaleStats, Gala Games (GALA) accounts for nearly 1% of total holdings – a whopping $519.5 million – among the top 1,000 Ethereum (ETH) whale wallets. By comparison, popular […] The post Ethereum Whales Are Accumulating New Gaming Altcoin in Huge Amounts – And It's Not Axie Infinity, Decentraland or the Sandbox appeared first on The Daily Hodl.

Ethereum Whales Are Accumulating New Gaming Altcoin in Huge Amounts – And It's Not Axie Infinity, Decentraland or the Sandbox

If you are living anywhere on this planet, you heard the "hot goss" about Facebook rebranding to "Meta" and Microsoft's ambitious plans to build the Metaverse. The post 7 Ways to Invest in the Metaverse appeared first on Bitcoin Market Journal.

7 Ways to Invest in the Metaverse

Decentraland's (CRYPTO: MANA) price has decreased 7.15% over the past 24 hours to $3.03, continuing its downward trend over the past week of -20.0%, moving from $3.89 to its current price.

Cryptocurrency Decentraland Decreases More Than 7% Within 24 hours

An autonomous bot known for outperforming the crypto market using weekly surveys from traders shows a bullish leaning towards Bitcoin, Ethereum, Solana and two additional gaming altcoins. The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Mortiz Seibert as a way to obtain signals and trader sentiment from fans of the […] The post ‘Astonishing' Crypto Algorithm Shows Traders Are Bullish on Bitcoin, Ethereum and Two Gaming Altcoins appeared first on The Daily Hodl.

‘Astonishing' Crypto Algorithm Shows Traders Are Bullish on Bitcoin, Ethereum and Two Gaming Altcoins

Investors in the blossoming metaverse sector are comparing the new digital realm to prime New York real estate hundreds of years ago. In a report from Markets Insider, Lorne Sugarman, CEO of virtual real estate company Metaverse Group, explains his logic behind paying serious money for buying plots of digital land on virtual reality platform […] The post Metaverse Investors Compare Decentraland and the Sandbox to Manhattan in the 1800s: Report appeared first on The Daily Hodl.

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