Decentraland has just launched a marketplace that provides users with better control of their assets within this platform. This is a VR platform that is powered by Ethereum where users can create and monetize their applications. The platform said that this was their first release and also told their community that they intend to launch more tools that will help them manage their assets within the Metaverse with ease. The ultimate aim of all this is to create seamless transactions that will enable users to trade LAND within the platform. Some of the features that have been provided in this version of the marketplace are as follows:
- Users can buy and sell their parcels of LAND in the marketplace.
- Users can also give specific identities to their parcels of LAND.
- The users can also make transfers of the parcels of LAND.
Finally, as a user, you have control of the piece of LAND and can also use a map to view your asset and also know who owns what parcel of LAND within Genesis City.
The app is backed by Smart contract on the Ethereum Platform. The app has also been specially designed to accommodate atomic swaps. This basically is a transaction that can be carried out only when a specific number of instructions have been met and after a certain duration.
If you would like to buy or sell land in the marketplace, all you need to do is to visit market.decentraland.org. From this section, you can browse through some of the parcels of LAND that are up for sale and check on the various prices. If you would like to purchase or sell your LAND, then you have to make sure that you have an active wallet on Metamask, Ledger or Mist. Always use the same wallet for your transactions in the event you had already purchased LAND. Before making any transactions, you have to allow the marketplace to conduct secure transactions on your wallet. There are prompts that you have to check to allow this to happen.
If you would like to have a better view of where your parcel fits on Genesis City, then you can easily do that using the Atlas that has been provided. This will give you a better view of your parcel viz a viz the social amenities, roads and other parcels of land within Genesis City.
The parcels of land that are up for sale in the Marketplace have been highlighted in red to give the users a better view of its location. You can always hover the cursor on the Atlas to get a better understanding of a particular parcel of LAND. You also have the chance to filter on the parcels of LAND within Genesis City that are up for sale. You can choose from four different categories that have been listed there. These are “Closest to Expire”, “Most Expensive”. ”Cheapest”, ”Newest”.
Under the MYLAND tab, you get to manage all the LAND that you have bought in the marketplace. Here you will see all LAND that belongs to you, the ones you have contributed to the community and the ones that you have placed on the marketplace for sale.