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DP29: Decentraland District

<img width="514" alt="screen shot 2017-07-11 at 12 34 22 am" src="https://user-images.githubusercontent.com/16138359/28056172-c36f99be-65d0-11e7-8c94-ef7da7398cb6.png"> # Name ## Decentraland District # Purpose Decentraland is an open source initiative to build a traversable virtual reality world. Within Decentraland, habitants can claim land as their own and build anything they wish upon it, from 3D artwork to fully immersive applications such as a VR poker room, for other inhabitants of the world to discover and enjoy. As in the real world, land in Decentraland is scarce, non-fungible, and transferable; making it a logical asset for trade. Decentraland makes use of the Ethereum blockchain and a native token, the MANA, to implement a process for establishing claims over parcels of land within the world. The nature of adjacency of land will lead to particular parcels becoming more desirable than others as a byproduct of their surroundings. A parcel which hosts a heavily trafficked installation will naturally enhance the discoverability of content hosted by neighboring landowners, leading to an appreciation in the inherent value of bordering plots. The Decentraland District will establish a secondary market for land ownership and rentals within the Decentraland virtual world, establishing a focal point for the exchange of parcels and providing a means of price discovery and liquidity for LAND owners. # Description The district will allow for owners of LAND to list their

Posted by arimeilich on Jul 11, 2017, 6:35 PM

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DP29: Decentraland District

arimeilichJul 11, 2017, 6:35 PM

<img width="514" alt="screen shot 2017-07-11 at 12 34 22 am" src="https://user-images.githubusercontent.com/16138359/28056172-c36f99be-65d0-11e7-8c94-ef7da7398cb6.png"> # Name ## Decentraland District # Purpose Decentraland is an open source initiative to build a traversable virtual reality world. Within Decentraland, habitants can claim land as their own and build anything they wish upon it, from 3D artwork to fully immersive applications such as a VR poker room, for other inhabitants of the world to discover and enjoy. As in the real world, land in Decentraland is scarce, non-fungible, and transferable; making it a logical asset for trade. Decentraland makes use of the Ethereum blockchain and a native token, the MANA, to implement a process for establishing claims over parcels of land within the world. The nature of adjacency of land will lead to particular parcels becoming more desirable than others as a byproduct of their surroundings. A parcel which hosts a heavily trafficked installation will naturally enhance the discoverability of content hosted by neighboring landowners, leading to an appreciation in the inherent value of bordering plots. The Decentraland District will establish a secondary market for land ownership and rentals within the Decentraland virtual world, establishing a focal point for the exchange of parcels and providing a means of price discovery and liquidity for LAND owners. # Description The district will allow for owners of LAND to list their

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