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.