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Mexican-designed NFT collectibles sell for over a thousand dollars in Decentraland

October 25, 2020

Decentraland is a virtual reality platform programmed on Ethereum. It’s a decentralized virtual world built and owned by users who can buy a piece of virtual land and build whatever they want on it. There are no borders. It was recently revealed that a user would have paid more than $ 1,000 for a Mexican-style hat.

By posting about Twitterfrom the sales account for collectibles on the virtual platform, sWe learned that one person bought a Mexican hat worth USD 1,222.94, which would be equal to 2,9601 ETH.

Mexican-designed NFT collectibles sell for over a thousand dollars in Decentraland
Mexican-designed NFT collectibles sell for over a thousand dollars in Decentraland

Why should anyone pay the money for this hat? after a Users self-proclaimed fan number one of this platform on Twitter, tosure the “hat has great value because there are only 10 mythical wearables and considering that there are already thousands of users, 10 seems like a small number”.

In short, the purchase of more than $ 1000 would be for a Mexican skull hat to commemorate the Day of the Dead. Several users on Twitter expressed their preference for wearables, which stood out as favorites.

Remote users spent $ 1,000,000 on digital land

A few months ago, the crypto community was shocked at the news that users of the virtual world platform Decentraland had spent a million dollars on digital land. The largest order for the Decentraland project was a sale to an unknown user for $ 215,000.

Each package from Decentraland represents a piece of land in a virtual 3D world where participants can do almost anything they want. The virtual world is not endless and each token within the project is allocated 10 square meters.

Blockchain projects that allow users to own virtual real estate and objects, including land, have gained momentum. Similarly, virtual reality has only started to evolve in the last few years, although the technology behind it has been around for some time. There are currently a lot of projects out there that use VR: in education, design, games, and of course, real estate.

This is the time blockchain technology and cryptocurrency have been waiting for as they can be seamlessly applied to help the above industries.

But what is Decentraland?

It is a virtual reality platform based on the Ethereum blockchain where users can create, experience and monetize content and applications.

The launch includes the establishment of the DAO Decentraland, the complete decentralization of the global infrastructure (communication between users and publication of content) and public access to the best offers on the Metaverse.

Because the platform is decentralized, users can create practically anything they want. With that in mind, they can build both a virtual strip club and an art gallery. The only limit is your imagination.

If a user now owns a virtual space, he can decide what kind of content he wants to publish in it. Users can create, discover, experiment, and make money. The content can range from images to interactive systems such as games.

In this game, users can purchase various things such as: B. Land they can navigate, build, and monetize. Likewise, the title has two tokens as the center of its economy: MANA and LAND. Mana is the game’s currency, while LAND are non-fungible tokens owned by the player.

The project idea appeared in 2015, but was actively developed further in 2017 after the project’s first coin offerwho raised $ 20 million.