January 20, 2022, 1:00PM EST
• 13 min read

Decentraland: DAO-Governed Virtual Real Estate

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.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here