Decentraland presents itself as the first virtual world that's completely owned by it's users. Other than previous projects, this world is built on the Ethereum blockchain. It's in-game cryptocurrency is called MANA, and it just went up wild. Why? Because Mark Zuckerberg, likely the most hated billionaire in the world, announced that the Facebook team would create a "metaverse", a virtual reality world where users can socialize, work, play games and create art.
"Tokenized gaming has really taken off as a trend in the last few weeks and Decentraland is by far the most established of the bunch," said Mati Greenspan, CEO of Quantum Economics.
"MANA’s leading position in the metaverse ecosystem will likely be solidified further by Facebook’s move to rebrand and focus on building its own extension to the digital world," said Denis Vinokourov, head of research at Synergia Capital."
The market cap of MANA is now above 2 billion, which, considering the rapid growth of the virtual world, is not where it's going to stop. The growth potential remains huge. So for the cryptocurrency die hards on Hive, have a look at it!