Why I’m Glad I Own Property in Decentraland

Last summer I got involved with investing and participating in a new virtual reality world, called Decentraland.

Welcome to Decentraland!

I’ve been in other virtual worlds for some time, and wrote a book about one of them.

So why is Decentraland special?

The users are creating a whole new world from scratch

We actually own our land

Genesis City Districts and Private Land Ownership

We can buy land, and then keep it as long as we want without fees to any company. And we have the ability to rent it out or even sell it at market rate.

There are more than fifty themed “districts” in Decentraland: a university, a conference center, a forest, a cyberpunk city, a museum, a festival venue, shopping districts, an amusement park, and a number of cultural and entertainment properties. You can see their location in the Genesis City map above.

The infrastructure of the world is decentralized

Decentraland is immensely social

Land is contiguous in Decentraland. The world is not made of isolated islands of experience. Land is adjacent. You can walk or fly across the world. This completely adjacent geography produces a connected, continuous, social and exploratory experience.

So why am I in Decentraland?

My personal interest in Decentraland is about investing in the future. Yes, financially, but even more I am investing in service by being part of the process of making virtual experience truly beneficial for humanity. We can achieve this by developing new realities for education, global collaboration, telemedicine, visual and performance arts, interactive story-telling, and new models for human prosperity. And through these, we can promote unity, justice, creativity and peace. This really is enabled in virtual worlds, where we can experiment and learn fast, and then bring these lessons to bear in the physical world as well. I am seeing the culture of Decentraland coming together like this.

And the big news? You can buy land and build now!

The land market is at https://market.decentraland.org.

Decentraland has also released the first version of its developer tools for assembling and visualizing content for your land. They are available at https://cli.decentraland.org/

Strategy, technology, business, management. Entrepreneur, musician, Baha’i. Someday I may be a futurist. http://linkedin.com/in/cfravel

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