Virtual Reality Real Estate Platform - Decentraland | MANA |

Decentraland is a virtual reality real estate platform. The ecosystem token of this metaverse is MANA. Users can purchase LAND and LAND's interior resources with MANA. Recently, the VR market is growing rapidly. Therefore, demand for VR real estate is also increasing. VR is an artificial environment similar to the real world. To understand VR, we need to know the history, types, and metaverse of VR.

History of Virtual Reality

The concept of virtual reality was created in 1852. And in 1968, the first virtual reality system HMD (Head Mounted Display) was developed. At the time, HMDs were used by the National Aeronautics and Space Administration (NASA) in training for the Apollo program. Since the late 1980s, people's interest in VR has increased. Starting with the animation ‘Ghost In The Shell’ in 1989, various VR contents began to appear in the mainstream. Since the early 2000s, VR devices for general consumers such as ‘Samsung VR Gear’, ‘Oculus Rift’, and ‘PS VR Device’ have been sold in the market.

Types of Virtual Reality

There are many ways to present VR.

There are several types of VR.

Metaverse

The popularity of NFTs has even made Metaverse hot. Metaverse is a compound word of ‘Meta’ meaning ‘virtual’ and ‘Universe’ meaning ‘universe’. Users can experience various experiences in virtual reality as avatars. People call this metaverse ‘3D VR with Avartar’. The term Metaverse was first used in 1992 in Neil Stevenson's science fiction novel Snow Crash. As the Internet continues to evolve into a three-dimensional network, Metaverse will become the core technology of the future IT industry.

Virtual Reality Real Estate Platform - Decentraland (MANA)

Decentraland has a short history, but has made a lot of progress. The VR presented by Decentraland can be experienced through a computer. Decentraland has many different eras. In the first era Stone Age, Decentraland's VR real estate LAND was an infinite 2D grid of pixels. With the advent of the Bronze Age, LAND began developing 3D VR that is divided into compartments. The owner of each compartment was able to associate a hash value for the file with the Bitcoin blockchain. Hashes are one of the core technologies for making blockchains work. In the Iron Age, Decentraland built a peer-to-peer network and a system for content production and crypto coin transactions. The current Decentraland is a DApp powered by the Ethereum blockchain. In this virtual reality real estate platform, users can directly produce content and monetize it. LAND is a finite size. However, since the interior of LAND is infinite, users can experience things that cannot be experienced in real life in Decentraland. In Decentraland, ‘I’ is ‘2nd Life’. People who are not satisfied with their current life will flock to Decentraland for a more satisfying life.

Editor YB(Gate.io Korea, Marketing Agent)'s Comments

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