Decentraland - Overview

Decentraland is an Ethereum Blockchain-powered Virtual Reality Ecosystem allowing users to create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games.

How to Create a Virtual World like Decentraland?

To avail the everlasting and endless virtual gaming experience the entrepreneurs look to replicate the Decentraland Platform for the optimal satisfaction of the participants, thereby building Decentraland Clone creating an efficient Marketplace for NFTs to be traded off.

If you are an active Digital Real Estate player and looking to trade and transact digital assets making use of NFTs build your NFT marketplace by building your Decentraland Clone with pioneer Blockchain Development Company - Maticz.  We offer two options to launch a Decentraland like Virtual World, they are: 1. Developing Decentraland like Virtual World from Scratch, 2. Decentraland Clone (Which is Cost-effective and readily available for deployment).

Decentraland Clone Script

Decentraland Clone Script is a 3D Virtual World operating similar to Decentraland which allows users to buy, sell virtual land, estates, avatars. In other words, Decentraland Clone is an operational replica of the Decentraland VR Platform exhibiting its core functionalities making the prime use of Blockchain as its operational framework.  The Decentraland Clone Script executes its functionalities by making use of an ERC-721 powered token offering fractional ownership to participants who are called Land Owners in the Decentraland Clone Script’s Ecosystem.  

The Decentraland Clone operating with the aid of blockchain technology and makes use of non-fungible token operating with ERC-721 as its base functional token. This ERC-721 powered LAND Token allows the users to have fractional ownership on their part to transact assets making use of LAND as the basic unit of monetization.

Features of Decentraland Clone Script

  • Traversable 3D Experience
  • Entirely Decentralized Platform
  • Metaverse Compliant Infra
  • Peer to Peer Network Interactions 
  • Decentralized Land Proprietorship Ledger.
  • Enhanced Content Distribution
  • Asset Adjacency
  • Secondary Market Creation
  • Global and Instantaneous Payment Schemes.
  • Sandbox Tested Marketplaces

Associated Tokens

Since the Decentraland Clone Script is an NFT marketplace it is entirely based on the ERC721 and executes its quality of service over the Ethereum Blockchain Network Architecture. MANA and LAND are the associated tokens with respect to the NFT marketplace efficiently used for carrying out transactions.

MANA 

MANA is the native token used to carry out proceedings that include payments and processing of goods and services within the Decentraland Ecosystem. MANA can be sought as an ideal replacement for fiats as well as the other currencies. MANA can be stored for future use within Crypto Wallets as well as the Custodian sites offering safe and secure custody. 

LAND 

LAND is a  digital entity that has the capability to divide the digital assets, the LAND is obtained only if the MANA tokens are burnt. LAND is solely used for the purpose of attention creation thereby increasing the chances of creating a secondary Marketplace. Each parcel of LAND will have its own share of value which are determinant by the MANA Tokens. 1000 MANAs will equate to a single LAND token. 

Decentraland Clone Script Use Cases

The Decentraland Clone Script effectively finds use in a variety of domains that include,

  • Application Development
  • Dynamic 3D Content creation
  • Advertising
  • Digital Collectibles
  • Social Gaming
  • Education
  • Virtual Tourism

Decentraland Clone Script Architecture Design

The Decentraland Clone Script Architecture Design comprises 5 basic sets that account for the long run of the Platform.

<< Consensus Layer

<< Land Content Layer

<< Real-Time Layer

<< Payment Channels

<< Identity Systems

Consensus Layer

Comprises the content regarding the LAND ownership and records.

Land Content Layer

Promotes the download of assets through the Decentralized Distributed system pertaining to future use of LAND Tokens.  

Real-Time Layer

The real-time layer allows the user to get interacted with others, the referenced data on getting access to the consensus and land content layer is made available in the third party referencing sites like the bit torrent. 

Payment Channels

Payment channels affect the in-world purchases and incentivizing the payment modes and the quality of content to the Peer to Peer Servers.  

Identity Systems

The Identity systems are the Credentials of the participants to effect proprietorship of land. The identities allow the users to create effective content and get accessed to the private keys alongside contributing to the decentralized Economies.   

Decentraland Clone Highlighting Features

  • Token Utility Enhanced
  • Proxy assessed Parcel Pricing
  • Network Fostering
  • Decentralized Distributed Contents
  • Needless to Content curation
  • Reputation-based approach
  • Blacklist/Whitelist acceptance 

Decentraland DAO

The Decentraland has a Decentralized Autonomous Organisation that comprises important Smart Contracts and assets including the LAND Contracts, Estates Contracts, Wearables, Content Servers, and the Marketplace. The DAO is dependent on the MANA for its enhanced operations promoting various incentives to the users of the platform. 

Decentraland DAO Features

  • Sequential Protocol Upgrades
  • Specified LAND Auctions
  • Community Run Content servers
  • MANA allocated platform development
  • Security Advisory Board monitoring

Decentraland Marketplace

The Decentraland Marketplace is a specific exhibition of various entities comprising the domains of wearables, parcels, estates, and Names.

Decentraland Builder Section

The Decentraland Builder Section consists of the scenes, lands, and names which hold specific values and intend to be traded off for specific value.

Why Choose Maticz for Decentraland Clone Script?

Maticz the pioneer NFT Marketplace Development Company develops the Decentraland Clone Script to effectively contribute to the Cryptopreneurs. Maticz develops the NFT Market place with a wide range of utility to Tokens and creates an open-source exposure to both the Fungible as well as Non-Fungible Tokens and avails the Endless benefits exclusively through the Ethereum Blockchain Network Architecture.  

<< Get Live Demo of Decentraland Clone Script >>

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Disclaimer: The term "Decentraland" is used to provide quick understanding to readers. Our Services are not meant to brand or influence any entity.
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