Decentraland is a new decentralized user-owned virtual world built on the Ethereum blockchain which is now planning to invest $5 in order to fund blockchain gaming projects on the Decentraland platform.
So far, Decentraland created the Genesis Content Program which allows developers to submit proposals for “blockchain games” as well as “interactive experiences” built within the platform.
The new plans were first outlined in an article that the company published on Medium, where it said that it plans to “welcome larger and more ambitious projects” to the platform. According to Decentraland, the new program will encourage “innovation and growth in decentralized online gaming” in addition to the $5 million in project financing which will be shared among the top applicants.
Game developers will see a massive benefit here, as they are presented with a new interactive opportunity to design their “virtual experiences” through blockchain-based games. They can provide these experiences on the platform while monetizing them with tokens.
LAND is the new innovation which is basically a virtual place of property that players can purchase through the Decentraland Marketplace. Here, game developers will need to develop their games to “fit the parcel boundaries” of the LAND, making room for more games that will be remotely accessed within the virtual platform (city) and its LAND parcels.
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