Digital reality. Does it really exist?

In the previous post, we have mentioned about the technological miracle — the virtual world. You have already read about its history and advantages. Now, lets examine the rea; example of digital reality and find out how it works and the method to immerse into the metaverse.

Decentraland. Simply said, Decentraland is similar to virtual reality video games, but it is more immersive and real, as users are able to purchase and consume, using digital world’s assets — cryptocurrency. Basically, Decentraland is a virtual world program built on the Ethereum blockchain that allows users to buy and sell virtual land parcels. People may make their own micro-worlds, complete with virtual trees, planes, and other features.

How does the money system in Decentraland work? The landscape can be purcahsed in Decentraland owing to the MANA cryptocurrency, which is totally decentralized. In fact, MANA is used to conduct all transactions in this virtual environment. The Ethereum blockchain is used to maintain land ownership, and users must keep their MANA tokens in an Ethereum wallet. One MANA was trading for USD 5.09 at the time of writing.

Is investing in digital reality possible? Buying a block of property in Decentraland should be completed with caution. The metaverse is evolving gradually and quickly, yet it is still in its early phases. In the markets, there will be extremes of bullishness and bearishness. In the near term, there may be booms and eventual crashes.

Watch how it works https://www.youtube.com/watch?v=-HmXrOTEmxg

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