Express

Decentral Games Becomes The First DAO That Owns, Governs And Monetizes Virtual Land

Summary: Decentral Games is now the first DAO to own, govern and monetize virtual land, according to a recent announcement. Decentral Games authors highlighted that the platform is the first social 3D metaverse casino where you can walk up to a virtual table and play with another person anywhere in the world and play with funds ...

Decentral Games is now the first DAO to own, govern and monetize virtual land, according to a recent announcement.

Decentral Games authors highlighted that the platform is the first social 3D metaverse casino where you can walk up to a virtual table and play with another person anywhere in the world and play with funds directly from your web wallet. Additionally, Decentral Games has become the first-ever DAO that owns, governs, and monetizes decentralized virtual land.

The land is represented by a LAND parcel which is a unique and transferable NFT that represents 16 by 16 meters of virtual space corresponding to a specific X, Y coordinate location on the Decentraland map.

By Emily Mason

Last Update:

Tags: ,,,
Link: Decentral Games Becomes The First DAO That Owns, Governs And Monetizes Virtual Land   [Copy]
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 16 hours ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 2 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 3 days ago
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 5 days ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 6 days ago
  • You need to login to comment.