via Decentraland
Join Brave

DecentralandĀ (MANA), the first virtual reality platform owned by its users, continues to attract new money as a user just closed a 40-parcel purchase in Genesis City for 1.3 million MANA — worth roughly $95,000.

With Decentraland, users can put our their VR headsets or simply use a web browser to connect to theĀ 3D, interactive world. The virtual space within Decentraland is calledĀ LAND, a non-fungible digital asset maintained in an Ethereum smart contract. The LAND is then divided into parcels, which are identified by (X,Y) coordinates, are fully owned by community members.

The platform has a built-in marketplace that lets users buy and sell parcels of LAND with MANA. These parcels can be used for anything from online businesses to games and resorts.

The latest $95,000 purchase, which was originally pointed out by DCLBlogger, represents one of the largest single purchases in the brief history of Genesis City.

Decentraland Marketplace

News of this virtual real estate purchase comes the same week that a new major game was announced for Decentraland. ChainbreakersĀ is a strategicĀ RPG featuring aĀ fictional and stylized rendition of ancient Greece, where a corrupt government is at war with a number of player-led rebel factions.

MANA is currently trading for $0.07, giving the project a $74.4 million market cap and making it the 77th largest coin in theĀ AltDexĀ 100 IndexĀ (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

šŸš€  Circle Launches New Research Platform With Primers on EOS, Cardano and Qtum
More: Decentraland Marketplace
Similar:Ā Decentraland (MANA) Announces Exclusive Blockchain VR Game ā€˜Chainbreakersā€™

Disclaimer: This articleā€™s author has cryptocurrency holdings that can beĀ tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own wdue diligence before making investments.



Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.