{"id":19720,"date":"2022-12-09T06:05:33","date_gmt":"2022-12-09T06:05:33","guid":{"rendered":"https:\/\/zebpay.com\/au\/?p=19720"},"modified":"2023-04-26T13:12:30","modified_gmt":"2023-04-26T13:12:30","slug":"decentraland-launches-virtual-property-renting","status":"publish","type":"post","link":"https:\/\/zebpay.com\/au\/blog\/decentraland-launches-virtual-property-renting","title":{"rendered":"<strong>Decentraland Launches Virtual Property Renting<\/strong>"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/au\/blog\/decentraland-launches-virtual-property-renting\/#A_Brief_About_Decentraland\" title=\"A Brief About Decentraland\">A Brief About Decentraland<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/au\/blog\/decentraland-launches-virtual-property-renting\/#LAND\" title=\"LAND\">LAND<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/au\/blog\/decentraland-launches-virtual-property-renting\/#MANA\" title=\"MANA\">MANA<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>Decentraland has levelled up its game features by allowing virtual property owners to rent out their virtual property lands to other users. Now land owners within the Decentraland universe can earn passive income by renting out lands for a predefined time.&nbsp;<\/p>\n\n\n\n<p>This comes at a time when developments in the Web 3.0 ecosystem are scaling up at a rapid pace.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_Brief_About_Decentraland\"><\/span>A Brief About Decentraland<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Decentraland is one of the most famous and oldest games in the Metaverse. It ranks in competition with Axie Infinity and <a href=\"https:\/\/zebpay.com\/au\/blog\/what-is-sandbox-complete-guide\" target=\"_blank\" rel=\"noreferrer noopener\">Sandbox<\/a>. Companies like Facebook, Nvidia and Nike have also taken several initiatives to make inroads into the <a href=\"https:\/\/zebpay.com\/au\/blog\/the-revolution-metaverse\" target=\"_blank\" rel=\"noreferrer noopener\">Metaverse<\/a>.&nbsp;<\/p>\n\n\n\n<p>Unlike traditional games, Decentraland allows complete ownership of in-game assets to its participants. The game&#8217;s Virtual real estate, clothing and other in-game assets can all be collected as NFTs. The feature to rent virtual land is the latest to a host of other features which the game provides.<\/p>\n\n\n\n<p><a href=\"https:\/\/zebpay.com\/au\/blog\/what-is-decentraland-mana\" target=\"_blank\" rel=\"noreferrer noopener\">Decentraland<\/a> has two in-game tokens. These are MANA and LAND.&nbsp;<\/p>\n\n\n\n<p>Read more: <a href=\"https:\/\/zebpay.com\/au\/blog\/decentraland-vs-sandbox\" target=\"_blank\" rel=\"noreferrer noopener\">Decentraland Vs Sandbox<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"LAND\"><\/span>LAND<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>LAND represents the NFT of virtual real estate in the Decentaland game. Owning this allows one to make developments on the virtual land and share it with the gaming community. LANDS are divided into parcels and districts. Parcels are plots of land owned by individual users, while districts are a collection of these plots. A user who owns multiple parcels of LAND side-by-side can also covert them into Estates.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"MANA\"><\/span>MANA<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>MANA on the other hand is the transactional native token of the Decentraland universe. It is used for buying NFTs and also for voting amongst the Decentraland community to make key decisions in the development of the platform&nbsp;&nbsp;<\/p>\n\n\n\n<p>Playing Decentraland is pretty simple. The game can be accessed through a browser or one can download the game on their desktop. Users can join in as guests and begin their journey by linking their crypto wallet. Metamask is the preferred partner for storing all the <a href=\"https:\/\/zebpay.com\/au\/blog\/introduction-to-nfts\" target=\"_blank\" rel=\"noreferrer noopener\">NFTs<\/a>. Users can also buy LAND on the OpenSea marketplace.<\/p>\n\n\n\n<p>You can now <a href=\"https:\/\/zebpay.com\/au\/markets\/mana\" target=\"_blank\" rel=\"noreferrer noopener\">buy MANA<\/a> on <a href=\"https:\/\/zebpay.com\/au\" target=\"_blank\" rel=\"noreferrer noopener\">ZebPay<\/a> Australia. Explore ZebPay blogs to stay up to date about the latest crypto news.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decentraland has levelled up its game features by allowing virtual property owners to rent out their virtual property lands to other users. Now land owners within the Decentraland universe can earn passive income by renting out lands for a predefined time.&nbsp; This comes at a time when developments in the Web 3.0 ecosystem are scaling [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":19724,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[290],"tags":[],"class_list":["post-19720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/19720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/comments?post=19720"}],"version-history":[{"count":3,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/19720\/revisions"}],"predecessor-version":[{"id":20712,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/19720\/revisions\/20712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/media\/19724"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/media?parent=19720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/categories?post=19720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/tags?post=19720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}