Created in early 2015 by Ari Meilich and Esteban Ordano, Decentraland was originally a pixelated grid that assigned pixels to users, using a proof-of-work mechanism. In June, Decentraland took its first steps by creating an algorithm to accept Bitcoin (BTC).<\/span><\/p>\n

In March 2017, Decentraland was officially launched and took a new step forward with 3D sketching, under the connection and support of Blockchain technology. In 2018, Decetraland made an outstanding milestone in its development journey with its first auction in January. Decentraland has been open to the public since Feb 2020.\u00a0\u00a0\u00a0<\/span><\/p>\n

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A virtual land parcel in Decentraland was sold for $20, following with the 2020-2021 explosion in NFT, one of the most desirable digital real estate in Decentraland costed more than $100,000.\u00a0<\/span><\/p>\n

To maintain the network and attract new users to Decentraland, its developers have hosted numerous contests to create art, games, and applications with handsome rewards as a result. Also, new users receive allowances of Decentraland MANA tokens which improve their interaction experiences with the virtual economy.\u00a0\u00a0<\/span><\/p>\n