Recently Facebook made an official statement announcing the change of its name. The company is now called Meta and its objective is to create a digital reality environment. Learn about what the metaverse is and stay on top of the next directions on facebook.
First of all, it is important to highlight that the metaverse is an idea of the future that involves the symbiosis of virtual reality with physical reality. Meta's idea at this point is to do this in a way that both are confused - much more than previous experiences, which were limited to the environment of a game.
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Using the new blockchain technology, which allows the valuation of virtual items, Meta allows creating value through its applications, in the same way as NFTs and cryptocurrencies.
The History of Decenterland
Decenterland is a project based on the digital currency ethereum (ETH). Its goal is to create an open virtual world in which participants can live, just as they do in the physical world.
The game's bite, the MANA, is a token that symbolizes the game's money. In this sense, using blockchain technology, it is possible to maintain the value of the coin and track it, in the same way as any other virtual currency.
So it works like this: any transaction carried out within the game has correspondence with the real world. It is possible to convert the money spent in the game into real or dollars, without much difficulty, as with any other currency in the world.
Property for sale in Decenterland
With the skyrocketing of cryptocurrency prices, an incredible situation happened. One area, made up of 116 sub-lots, which totals just under 580 square meters, was sold for BRL 13.4 million in cryptocurrencies. Converting this then into dollars, the price is US$ 2.4 million dollars. However, the important detail is: this terrain only exists within the metaverse. Finally, the person who bought it will never be able to smell or touch it – only through its avatar.
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