Decentraland is built on the Ethereum blockchain, which ensures the security and immutability of the virtual world. The platform uses smart contracts to enforce ownership rights and facilitate transactions between users. This means that users have full control over their virtual assets and can transfer ownership or sell them to other users.
In addition to user-generated content, Decentraland also features a marketplace where users can buy and sell virtual land parcels, as well as other virtual assets. The marketplace operates on a peer-to-peer basis, allowing users to directly trade with each other without the need for intermediaries.
Decentraland aims to create a truly decentralized virtual world where users have full ownership and control over their digital assets. By leveraging blockchain technology, the platform ensures transparency, security, and interoperability, enabling users to freely create, explore, and monetize their virtual experiences.
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