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Ratings Decentraland

A virtual world that runs on open standards

Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, discover, experience, monetize content and application.

3.6
3 2 expert ratings
Benchy 3.5
KYC
Experts
4.0
4.0
3.5
Review: download now PRO
~$24,000,000
value of tokens sold in ICO
Ended
Token
MANA
Type
Price in ICO
0.0240 USD
Country
ICO start
8th Aug 2017
ICO end
8th Aug 2017
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Dean Karakitsos
Founder of Bloqchain Science | Co-founder of Bloxy.info | Co-founder of Qrypton.io
Rated on Oct 8, 2018
5
5
4
19%

This is the perfect vision on Non-fungible token and marketplaces/universes.

Disclaimer: This is not a due-diligence of the above mentioned project/company or shows a method measuring the viability of this idea in the market or an investment proposal to the project. My review is not intended to be a source for advice. My review is not using any methodology to decide if the project is a scam or operates any other shady scheme. This is a project review pointing out mostly on incorporation of different technologies. I used published information on ICObench and project links. I was not financially compensated in any way for posting this review. The opinions expressed are my own and are based on my observations while reading the white paper and published project’s information.*//

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Simon Waddington
Software engineer and advisor
Rated on Oct 21, 2018
3
3
3
18%

So far I'm unimpressed by this. It seems to be a clear attempt to create something like Second Life come Minecraft mixed in with a little bit of the concept of "districts" as originally conceived by District0x. Each district has it's own non-fungible asset token and limited "real estate". Except so far we see there is little more than a 3D space definition.

District0x is all about the protocols that connect dApps within each district and a common set of utilities available to all. I'm not seeing any of this here - the only protocols that seem to be common are related to buying and selling LAND for each district.

They have an artificial scarcity of real-estate which is sold as a way to ensure discoverability, but seems more like a way to drive up prices over time and reward early adopters. Interestingly vertical development is unlimited which rather blows out of the water the "discoverability" argument.

There is also the argument that this concept is easily cloned and any number of existing 3D worlds could integrate a blockchain based token or tokens to compete. Thus far I don't see any evidence of actual software that would allow end users to explore this virtual world they are building.

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Benchy
ICO analyzer bot
3.5
64%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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