Decentraland Review

Decentraland crypto game is one of the first gaming platforms with AAA-class potential based on decentralized blockchain technology. Most of all, it resembles Second Life, Little Big Planet or Minecraft, only with a global blockchain economy and for VR devices. In fact, the Decentraland game is well-known to many Second Life players, where you can create and explore various 3D content, playing mini-games and communicating with other users. 

Only instead of a mouse and a monitor, this game requires VR glasses and VR controllers. Integration with the blockchain for the game world and gameplay does not change anything, but it increases the security of the account and transactions.

Other highlights of the project include:

Earth. The world of Decentraland crypto game is actually a small planet, divided into lots and common lands. Plots can be bought and sold, rented and leased. Common lands (roads, squares) are not sold or leased.

Inside the metaverse, you can create and display content. To do this, you can use a specially created constructor or add it through coding. API and SDK tools are included.

According to the Decentraland game developers, the ability to buy land is the main feature of the project. Anyone can enter the game and use real money to buy a plot and build something there – from an advertising banner to a complex game or application. The cost depends on the location and attendance of the territory by the players. 

If the owner of the site has such a desire, he can monetize it, introduce a fee for visiting or for some kind of player activity. For example, you can create a paid exhibition, a cinema, or build your own casino with roulette and blackjack.

The economy of the game is built around the MANA token, which serves as a common currency within the worlds of Decentraland game. The token can be purchased on the exchange, from other Decentraland’s players or on the project website.

The metaverse is based on the structure of the decentralized autonomous organization, DAO. Token holders participate in the management and development of the project. They vote for the content of updates, the results of auctions for the sale of land. Users also control the further development of virtual reality. In addition to the right to vote, the token allows you to buy and sell various items on the marketplace in the game. To vote for the development of the Decentraland game project and participate in the management of the DAO, users must convert game tokens to wMANA (wrapped) and block.

During the ICO in 2017, 40% of altcoins were sold. The rest of the volume is divided into shares: Reserve for community incentives – 20%; development team – 20%.

What Is Decentraland Technology?

The developers have combined virtual reality, similar to Second Life (the cult entertainment of the early 21st century), with the blockchain. The coin allows holders to vote on the gaming and organizational policies of the DAO community.

In addition to money, the Decentraland game metaverse uses NFTs. NFTs are stored in users' cryptocurrency wallets. They can be sold on the internal marketplace.

Since the emission of coins was carried out in full before the ICO, mining is not provided for in this project. Therefore, there are such ways to get tokens:

Getting them for the sale of land, artifacts from virtual reality.

Buying on cryptocurrency exchanges.

Getting as income from deposits, the percentage is small (1% per annum on Binance Earn).

The project developers recommend the MetaMask web wallet, which exists as an extension for popular browsers. It works with the Ethereum blockchain and ERC-20 tokens. For storage, you can use any wallets adapted for the Ethereum blockchain, including hardware Ledgers.

How to Play in Decentraland? 

The built-in features of Decentraland crypto game allow you to create a variety of projects inside the game world. It is simple and the main points are clear immediately. However, to create something really worthwhile, you will need to either spend a lot of time studying manuals, or use good old coding. If these options do not suit you, then you can also hire a creative studio, such as the Polygonal Min studio, which can be found inside the Decentraland game.

Everything that you have created inside the game is your property, which is registered on the blockchain and tied to your cryptocurrency wallet. It can be sold, exchanged or donated.

According to the developers, the ability to buy land is the main feature of the project. Anyone can enter the game and use real money to buy a plot and build something there – from an advertising banner to a complex game or application. The cost depends on the location and attendance of the territory by the players.

If the owner of the plot has such a desire, he can monetize it, introduce a fee for visiting or for some kind of player activity. For example, you can create a paid exhibition, a cinema, or build your own casino with roulette and blackjack.

What Are Decentraland Gameplay Disadvantages?

Graphics from 20 years ago. Yes, it is clear that VR needs a simpler picture, since it creates an increased load on the power of your computer, but the picture in Decentraland crypto game is just awful. Ugly wretched textures, clumsiness, lousy animation and the like. On smartphones, the graphics are orders of magnitude better now.

Plot cost. A small lot away from crowds of players costs $600, and you can't build much on it. The cost of plots in the center is orders of magnitude higher. This means that not everyone can earn money in the game: the entry threshold is too high for an ordinary player.

Bugs. Failing textures in the Decentraland crypto game isn't weird, nor is it weird that you create a male avatar with a mohawk and the system ends up giving you a female avatar with a pigtail.

Brakes. Despite the old and terrible graphics, the game is terribly slow. The MacBook Pro is very small for her (drawdowns up to 5-10 FPS are the norm).

Emptiness. To reduce the brakes, the developers divided the players into clusters, as a result, in a couple of hours of playing, you can meet only 5 people even in the most “popular” zones.

Today Decentraland game is a cross between alpha and beta testing.

Decentraland Game (Conclusion)

Despite all the disadvantages, Decentraland crypto game is a very popular project among players. So, only in the first few days after the release, players have invested more than $1 million in the game. Over time, the excitement subsided, but this did not prevent the project from earning $ 23.5 million from the sale of game items in more than 3 months. And this despite the fact that the project is available only to owners of VR helmets. It follows from this that Decentraland game is interesting for players, which means it will be interesting for investors as well.

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Author
Maxim Katrich
17.08.2022
Crypto enthusiast, editor of BitOnfeed, expert on the NFT industry.
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