Almost three years after the Decentraland ICO Cryptocurrency of the platform is now finally opened as a virtual world where the participants can buy and sell fake land and construct buildings so let’s read more about it in the following ICO cryptocurrency news.
Over the past ten days, Decentraland ICO games have bought more than $1 million worth of digital anchorage on the Ethereum virtual reality product as per the Bloomberg reports. All of the Decentraland users will be able to use the project’s native crypto asset MANA as a payment in the game. While the platform conducted the ICO cryptocurrency in 2017, it managed to raise up to $20 million by selling its MANA token.
The reminiscent of the popularity that was seen initially in the Crypto Kitty games in 2017, Bloomberg reported that the Decentraland digital land now has more trading activity than any other Ethereum-based asset according to the data from NonFungible. Etherscan, on the other hand, shows that Crypto Kitties are still at the top of the non-fungible token tracker list with Decentraland staying at the thirteenth position. Classified as non-fungible tokens or NFTs are not the same so they cannot be mutually exchangeable. The decentralized autonomous organization or DAO which is built on the Ethereum network keeps tabs on Decentraland by ensuring the whole operation working as planned.
The developers are paid and there’s not a main human intervention for constructing the game’s inner work. The project head Ari Meilich explained:
“The users are in control of the digital assets, which is something that hasn’t happened before. I think that over time players will gravitate toward games where they are more in control.”
As per the other Decentraland news, HTC announcing that the altcoin MANA will be their strategic partner, MANA spiked almost two times against the US dollar. For those of you who are asking themselves why these unique crypto assets are part of HTC and Samsung’s plans, the truth is that both smartphone manufacturers believe that their potential exceeds the realm of payments and goes above and beyond the popularized cryptocurrencies in the likes of Ripple, EOS, Litecoin, Stellar and TRON.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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