Decentraland

White Paper Review

Berkay Demirbas

Overview

Decentraland is a virtual reality platform powered by the Ethereum blockchain.

Decantraland has a non-technical white paper.

Overview

Some contributes

• Jake Brukhman (Founder CoinFund)
• Luis Cuende (Project Lead, Aragon)
• Simon de la Rouviere (ConsenSys)
• Diego Doval (Founder of n3xt, previously CTO, Ning)
• Michael Bosworth (Google)
• Jesse Walden (Mediachain/Spotify)
• Chris Burniske (ex ARK Invest)
• Guillermo Rauch (CEO, Vercel)
• Jon Choi (Dropbox)
   

Overview

The white paper is build on 3 categories.

Introduction

Architecture

Economy

Overview

Introduction

Rationale

• Decentraland birth date
• Aims
• Examples from ecosystem

Metaverse is not defined.

The main subject is Metaverse but there is no mention of that scale opportunity.

Virtual World is not the exact meaning of Metaverse.

Introduction

History

• Age-named versions.
• Blockchain systems, privacy, and standardizations and exploring HASHs.
• Next versions of roadmaps.

Introduction

Traversable World

• Services and economic interactions
• Cost of payments
• Cryptocurrencies for trustless channels

Only cryptocurrency and peer-to-peer communication solutions are mentioned.

More creative solutions could be added, like art and music trading in Metaverse.

Foundations for In-world Economy

Introduction

Use Cases

• Applications
• Content Curations
• Advertising
• Digital Collectibels
• Social
• Others

Architecture

Consensus Layer

Non-fungible digital assets LAND: each LAND has unique (x, y) coordinates.

LAND is bought by burning MANA, a fungible ERC20 token of fixed supply.

Architecture

Content Distribution Layer

• Inter-Planetary File System (IPFS)
• Decentralized storage system to distribute the content

Architecture

Real-time Layer

• Peer to peer connections
• Voice chats
• VoIP
• WebRTC

Hashed communication opportunity could be add.

Economy

LAND and the MANA Token

Users can buy good or services on the platform with LAND.

• 1000 MANA = 1 LAND = $394.65.

Decentraland

Jump in Metaverse

Play