METAVERSE PROJECT: DECENTRALAND (MANA)

Fintelics
5 min readNov 12, 2021

METAVERSE PROJECT: DECENTRALAND (MANA)

Disclaimer: The information provided is not meant to provide investment or financial advice. Investment decisions should be based on an individual’s specific financial needs, goals and risk profile. Please do thorough research before proceeding to make any sort of investment.

The metaverse isn’t a novel concept; for years, you could slip on a virtual reality headset or sit in front of a computer and enter virtual worlds. There is renewed interest in this industry as the metaverse becomes a tool for interaction and a tool for the job or other forms of entertainment. Investors are particularly interested in metaverse cryptos, digital currencies linked to decentralized blockchain metaverses where consumers have the final say. As tainted internet giants such as Facebook aim to dominate the market, these metaverse cryptos are considered a way to undermine their efforts while still pushing the industry forward.

You can go anywhere in the metaverse and be or do whatever you want. This virtual environment aims to bridge the gap between the internet and the third dimension, making everything you do appear more realistic. Facebook recognizes this and intends to be the dominant force in the emerging new frontier of digital communication. It’s rebranding to Meta is accompanied by a glimpse into the…

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Fintelics
Fintelics

Written by Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech