Decentraland: The virtual land selling for millions - BBC Stories
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- čas přidán 26. 08. 2018
- Investors are spending real money to buy land in a new city that only exists in virtual reality. Buyers can build whatever they want on their plots in Decentraland. Many hope to make a profit trading goods and services in the virtual world's own crypto currency. But will Decentraland be an online utopia or a cyber slum?
Video Journalist: Joanne Whalley
Camera: Natalia Zuo - Věda a technologie
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
I have lost a lot when I acted alone and without a guide. It was a bumpy ride for me. Who is your mentor please? How can I get in contact with you? I really need help in this market now?
As a beginner investor, all you have to do is to have a mentor to keep you accountable.
How can someone know a professional account manager that is trustworthy and legit they are hard to find this days.
Sincerely speaking. I will continue to trade and stick to Reynold Felicia daily signals and guides as long as it works well for me.
This whole era feels like a fever dream looking back on it
I love the idea but decentraland just isn't there yet. We need the same thing with graphics more like Grand theft auto.
so do you want to be when at peak? surely not - you are not gonna be pioneer
When it is on the peak , you got zero chance to touch it , maybe but how much ?
this video is 3 years old. the graphics look much better now. Also, the GTA of crypto games will be PolkaCity. check it out!
The idea is for the platform to be open to as many people as possible. Putting GTA style graphics will kill performance, making it possibly unplayable in browser and on most older computer systems.
I'm here because my .22 cent MANA coins rose over $1 today. I'm officially a believer with the latest developments
I saw that it's blowing up
Haha same here bro. Had 10k mana coins. I’m buying a lot tonight
@@DDP1991 I bough 279 mana
Same :)
Since Vegas is getting on board with online gambling
This is a pretty interesting thing. You have a bunch of people running to a virtual decentralized matrix while existing in an actual centralized matrix. This is virtual sedation right here. "We control you but we'll let you live in a virtual world where you have an illusion of control. So you won't actually do anything about the control we have you under." 🤷🏿♂️
truth
Nicely put.
All these fools who are going crazy about "decentralised" this or decentralised that don't tell people that none of it will work if centralised systems in the real world do not provide electricity for them!
Lately there's a lot of noise about decentralised websites '.crypto' domains and decentralised currencies, apparently because your precious digital horse pooh can't be controlled by the government. But there are so many examples of the gov simply disabling ALL internet access in certain cities/countries when they don't want any protests. Only few months ago Indian gov did that to the people of Kashmir for months.
After that, it doesn't matter what system you have, there's nothing you can do. How can you operate your decentralised money/land/domain when you have no electricity, no wifi, no internet access in the whole country or city?
Also, all those tech geniuses who are trying to destroy fiat currency by creating all these fancy cryptocurrencies, but when you buy any of those cryptos i.e. Eth, Bitcoin, Mana, XRP, guess the one important item they want from you deposited into their bank accounts? Yep, you guessed it: fiat currency! Hahahaha...
Well though out!
@@a.m.9357 Big banks are hiring more tech apprentices, grads and employees more than ever, they more than have the ability to adapt to the crypto wave however they are profiting billions through classical mediums.
@@a.m.9357 They just need to make a new internet?
If the reporter would have invested a month's of her salary in 2018 she would have retired now
the fact that BBC bothered to cover such an amazing project 2 yrs ago is a surprise. Decentraland will probably host virtual casinos and poker games in the future, while we sit with our VR glasses- think of that.
Youare right sire wow
That existed on ocukus quest two years ago.
or VR church. People who are shy to go or unable to go to church can attend worship and service in decentraland
@@BisayaShortFilms Also available on Quest.
Horse races as well. Look up Zed_run
Minecraft 3 looks great
By my count this is minecraft 6 or 7 lol. The tools are there for all to use.
2b2t but with less chaos
New Decentraland record -> $215,000 paid for a 126 land parcel estate (via $MANA)
This is literally for people in the future that wont be able to handle the reality of the real world living in a fantasy reality to escape. It is very sad but I could see it being widely brought to people in the future
Probably augmented reality, real and virtual lands combined. Facebook with project Aria is coming very close.
I feel people already turn to vices to escape reality... I think this presents a better option than what some people use now.
Isn't SAD 😞
well, ain’t that sad to see it flews over 4 bucks today
Noone thinks about all the Senoirs who cant leave their beds, can go visit their family and friends in a digital space... People always look at the negative..
A VR gymnasium would be HUGE.
Taylor And that you would actually have to pay for a membership. I don’t know how you could lose weight like thta but interesting.
Hugely brainless
I wish I had seen this video couple of years ago. Back then it was less than 10 cents MANA Decentraland is over 4$ per coin now.
Hindsight.
Still not too late to buy, 10 years from now 1 mana can be worth 10,000 just buy and hold!
It dipped. Just bought some
@@joemonteirosportsshorts3343 Awesome! I hope your investment will bring you good returns in the future. Remain positive!
Where do you buy mana?
it's now 2021, Mana is $4 = the guy turned his $800k to $32 million
I thought the video was uploaded 3 days ago, when I saw 3 yrs, I introspected my whole life and decisions.
BBC covered something revolutionary at its infancy.
i like how the blonde gets excited when she hears large amounts of money :))
She seemed more shocked than excited to me. But a'ight.
blestemat
You might be right
Sexist
@@rogueproductions9011 hahahaha
Wish I knew about it then. It’s at it’s peak by far rn
"a virtual cup of tea"
bro its at 3 dollars right now, these people are actual millionaires now. Why do I never see stories like this way before they blow up.
You have to go through low market capital crypto (1-20 million)and see which one has potential.Most of these are under a cent
You have a chance
That's what she said... 4:07
Thought the exact same thing, scrolled down and saw your comment lol
😂🤣😂🤣
feels huge!!
Wow! I only learned of Decentraland a few months ago and this is from 2018! Wow.
bro we fucked up so hard I wish I saw this video back then
@Neb
It’s literally such a failure
Second Life was before in time and during 15 years we have been able to do what is popular today in "VR", I never seen Second Life as a game but rather a combination of a social platform and a virtual world that give you more mobility and options, it do not replace "reality" but rather extend it. Second Life do not demand users to have any expensive VR tools and Linden Lab (the creators of Second Life) have great experience with policing content and handling bad elements inside the virtual world, so this video was not really "news" for me, but I can understand the appeal if it.
Some say that Second Life look bad, but that is for most creators is not professional game developers, some 3D buildings is made by people that is around 70 years old and never worked with 3D before, other may be handicapped so they only can use the chin to control a joystick to build and interact with other users, when you start to look around in Second Life you will soon see and learn how amazing that world is.
Btw, Virtual Worlds is a great tool for handicapped people, I do not like when they just talk about the money and not how Virtual Worlds can help and improve life for folk with different sorts of disabilities.
Second life wasn't based on a blockchain were all assets are written to the ledger and can never be removed even by the creators or a government body. In this way you actually own everything you buy and nothing can take it away and you can use it in the game however you want.
@Hexapoda I’d never thought of it that way. Thanks for this
Hey Dudes, I did the 3D work from 3:08 - 3:27 if you would like anything built for your land (houses, apartments, assets, animations) hit me up! Peace
I have several lands, how to build these lands?
I haven't bought any land yet but eventually I will. How do we contact you?
Hi Wei, my discord is "CyberMike#7014" discordapp.com/ I can help you with everything
Be great to connect do you have a telegram?
Hi Stefano, my discord is "CyberMike#7014" discordapp.com/ I can help you with everything
It's both fascinating and sad
I like that this project is gaining momentum.
30 active users LMAOOOO LLLLL
We do have a way to deal with them... SMART CONTRACTS!!!
I can actually picture it in my head of a decentraland token. I think this will be huge !
well, you were right... MANA has taken off
This all reminds me of ready player one. Exciting !
Dystopia*
Sam clare says "he only sells when the market price for the piece of land reaches 10mio". I think it is kinda hard to sell land on such a price class. Because a digital world
is always extensible with enough computing power and efficient software for back and front end. I mean no price rising when the supply likewise rises.
Unless some influencers or big companies are moving in the near of him.
the idea is the new servers have fewer users so they aren't as valuable.
Having played games like Decentraland and being into crypto, I am skeptical. The world should not have been made so finite as a start. Why make it so that it is expensive to get in and own a chunk? That discourages new users. What good does that do for the game? And that is just the start of the problem. It would honestly be more interesting as a centralized project. And I know that is very antithetical to the way that most crypto is and the way I look at it too. But the truth is that it would be more interesting with a Clear Vision and development behind it. Really, what would you rather play, this? Or, Grand Theft Auto with cryptocurrency like features and an Open Marketplace? I think this is a great start, and I think a lot of work went in, but do I think these will take off and be the the biggest things of tomorrow? No I think they are a hype train, just like another crypto bubble that we are in.
How do you feel now about it?
@@Ethan2Tone yeah
@@Ethan2Tone yeah
@@luigipapiri7983 yeah
@@Ethan2Tone he's still right. Decentraland looks terrible to start with, and it being controlled by users will make it look awful, like a mish mash of random crappola. The money aspect to it is another bubble. If you want something like this to be good, you need it to be centralized.
ive been exploring this, as I am a 3d Designer. but There is a downside of this. The question is, "would you pay 10 million for nothing", except for something that exists in cyberspace. On the upside, content is protected by the blockchain security, so your guaranteed it to be unique. But I would never pay 10 million for vapor. People are crazy.
That sounds good.
It's like 10 years ago: Second Life and the Lindens (Linden dollars). But now you can change MANA for real dollars. Someone knows what happened with Second Life?
they still make 100m revenue annualy
You could change Linden to dollars. I had a mafia and we sold poker machines to the casinos. We had land, a big mansion and an arsenal of hacks/greefers. One was a nuke that could crash the computer of anyone caught in it. I stopped playing it because it got ridiculously laggy. This decentraland is more or less a rip off of second life. Shame I can't transfer my mansion and sell it 😂
Big Investment officially pouring into this Decentraland. Investors now hiring 3D developers to build on parcels. Next is advertising & commercials & product pitches within the metaverse.
and then churches. people can attend supernatural worship masses
This is a big and good idea, but it is still growing and not the thing that we expect.
this aged well :D
Things are changing at high speed in a sense that makes it hard for many people to catch up! Very scary!!
Can we can an updated news on this please?
dammmm I remember buying into the coin at .006 last year
Wow you must have a good memory...
Hahah bro it’s crazy that’s why you see those big spikes in MANA people with big money buy shit loads of it this is the future MANA will be huge in a few years and it’s got a low supply too.
kNviCt 😂
kNviCt right!? low supply, add some volume and bam you've got yourself a decent coin to daytrade.. or hodl
@@tyga6348 2 years later...
I like the idea of investing in land here, I think this virtual world will offer a lot of fun in a few years
At the same time in real world, put a mask, take the jab and do not ask any questions, why would you do any of it!
I have a feeling this place will look like the million dollar website.
good shout
Billions!
Still looks like shit
You're right!
It is now but did you got some of it useful?
2021 and its booming!
look at it now
Ayyeeee
@@d.i.p.9679 moon and beyond
Wow this was 3 years ago. MANA is $4.71 right now
This is so cool I can't believe I'm just hearing about it 😃
My kids are gonna grow up not knowing a world without virtual worlds.
I don’t think decentraland success would be a video game. It would be a secure afterlife world.
How could you possibly believe when you die, your ghost will be roaming in a video game. The key is spend your money in this reality. You only live once. 👏
Watching to much Amazon prime shows lol. But I like that! Lol.
Upload
Future next-generation gaming is gonna be really expensive. I just wanna back to ps2 era when Harvest Moon is a cool thing
Decentraland will be the kingdom community of the world
Ok this idea is cool might buy some
Amazon could buy a fat chunk and build a virtual shopping mall!
Nooooo
What would be the use for an online virtual store, when it already has it's own website?
She slips on the visor and it's Second Life lmao
Brilliant.
Basically like the Oasis
This is not a dumb idea at all.. TBH I asked little kids why they watch other people play video games rather than playing it themselves, hey it works. This will too work.
This will work too.
HOLY BALLLLLLLS!! MISSED THAT TRAIN! 1 share of mana at the time of recording was 10 CENTS!!! Mana 3 weeks ago was 6 DOLLARS!!!
sam knew what he was into
Can't wait for Virtua, first cross chain metaverse. Great vid! 🔥
I thought about a virtual dance floor, next thought: people will be doing this after some drinks.. then the next thought: harder drugs... pretty intriguing what the future holds..
Sounds like ready player one
Looking at 2020, this looks like a good idea
Facts can't even leave the house
craaaazzzzyyyy
Dam... this was done first by "Second life" i believe.
This is a first because the assets and land are stored the same way Bitcoin is, meaning it can't be erased or removed by the company or a government and eventually rules will be governed by the users themselves.
Yea thats what my ex used to play and I hated it..at least I'm going to make $$$ on some other peoples addiction
Is this gonna be on the quest
you can make educational content on top of LAND i suppose, like assemble/dissamble mechnical parts, etc. with VR it would be great, no need real parts to understand the concept. And why decentraland? because it is decentralize, whatever content u have, no third party involving in monetization. VR not only about game
This is gonna be huge. This is the future of the internet. We're shifting from 2D internet to a new 3D internet. The merge of gaming for fun and/or business. Virtual schools. Virtual jobs. Virtual entertainement. Virtual shopping. Virtual sprots. Virtual las vegas and casinos. Virtual social media. Virtual websites. Interactive movies....the possibilities are limitless. I'm hodling to the moon. MANA & Virutal Land. Most people already buy virtual property if they have ever paid to create a website, that's why it's called website address. It's just 2D, but we're moving to 3D but digital 3D is like 4D & 5D.
This aged well. How far can this go ?
cool Video!
oh hey! welcome back ;)
I actually know someone who had this idea already but didnt have the funds to do it. Damn lol
Eli
That’s like everyone about everything bro 😄😄
An idea is nothing without funds unfortunately
this sounds exactly like Second Life 10 years ago. wait for the bubble to burst.
First the bubble will expand.
Yeah Second Life definitely made some millionaires
But there is a second life now I would
Prefer to play upland to be honest.
@Hon. Ian this is outdated tech lmao
There is no bubble lol
And i saw an article today that the first country wants to build their embassy there….
Hi all, I just noticed the influx of comments since this was released and thought I'd answer some of the questions you all had as well as an update.
Do you still have the land.
No, I am a fine art collector and unfortunately Decentraland doesn't display my collection very well so I have moved to other platforms that are higher fidelity. They have also not implemented VR yet which is unfortunate.
Did you watch Ready Player One.
Yes, my decision was heavily influenced by the movie.
So I am in the process of setting up an NFT onboarding/gallery business. I have over 2000 NFTs spread over 5+ blockchains. I have art displayed in 3 metaverse projects so far (Somnium Space (3068, for now), Oncyber and Hyaliko).
I am planning on getting properties in new and exciting metaverse projects as and when they pop up.
Which person are you in the video?
@@mihailmilev9909 Land owner
@@savetheworldology hi Sam thanks for the reply
In reality, you are a sad old pen pusher who robbed an innocent women of all of her Eth. How have you spent her £87k Sam???? I’m sure the BBC will be interested in our story. Dm me @bbc
for the people that *just dont get it* think money.... candy crush had people paying 10k a month for those .99 cent extra spins, world of warcraft had 15 million people in it at one time, and games like league of legends can afford to give awau 1 million dollar prizes from a technically free to play game from people buying skins and thouseands of other business models like that are out there.This or another like it will surely make lots of money, this will work.
yo this one financial adviser was spittin facts left and right.
Well mana holders are doing well so far
Guys i’m a longterm investor and bought mana at .09. This project is the one of the best crypto projects out there for gaming and nft’s. People are trying to play game in different ways and this is a hit and soon epic, ea, activision, apple will use mana. According to mana circulation this would worth at-least 100 dollars in next 2-3 years.
Your analysis wason point how much mana you have rightnow
1:28 "It'll be pretty much exactly the same as Facebook." :D
Facebook will buy These!
Thanks for the info.... can you tell me how I can sell my historical NFT's in that Art Museum?
holy talk about early adaptors!
Can we get an update on the multi millionaire Dan!!!!
I hold mana the currency of decentraland but don't buy land on the ecosystem. i wasted some on ethereum the blockchain mana is build in still it's really early to predict anything as you can buy plot ti build you blockchain app (dapp)
the best project.2019-3$
2019 is here baby,
Wow that guy must be already a millionaire in both real world and mana.
Awwe interesting
Today 1 MANA is around 3,30$ that guy actually has 26,4 MILION $ now if he held and the reporter is still poor :")
Is 0.31 now...she is doing great. I can't say the same about Sam
I got hip to mana at .45cents and purchased 105 tokens
When this takes off watch out
It’s happening 😈🚀
@@Humptydumps ⛵️⛵️🚀 Its a beautiful thing
Wtf it was out for 3 years😨
I just reailsed too
Hiding stuff you don't like is a good solution. Draw property at xyz? yes/no. Some of us suggested in Second Life years ago but the solution was never fully done. There is a need for a randomised but themed set of gap filler scenes.
Couple years later mark comes out with meta verse
It would be cool if in this crypto world if there were real-world things such as...
-Courts (a justice system).
-Jails, prisons, and micro-sentencing - for certain crimes or violations.
-The ability to, say, interview (any get paid for) for and hold a virtual-job...with even the ability to get fired.
-The ability to collect unemployment (crypto).
Modeling it as much as possible like the real world, IMO, would make it much more interesting.
Seriously, why would anyone pay money - and it costs real money - to stay a part of a virtual world where you would have to interview for a virtual job and get fired? Or to be unemployed. I mean that's what they've got in the real world.
A virtual world that exactly mirrors the real world, including all the negatives and downside, isn't something people would regularly pay for.
@@SY-ok2dq ...you'd be surprised.
2021 has entered the chat
All this really blew up recently because of Facebook and metaverse. If this VR stuff does become big, the next thing to predict would be to see which VR world people actually use. Decentraland may go down as a MySpace while the VR world that Zuckerburg creates may become the next big thing. No one knows right now
Look at where we are now in 2021 this is crazy
Over 1 year later, how is this going?
I think mana over doubled in value like 2 months ago before this corona crap.
The comments section proves this community is in an echo chamber. Nobody cares.
everyones acting like virtual social interaction is an amazing new thing when its litterally been around fo years
I invested in Earth 2, now I got recommended this. 😂
Earth2 isn't Decentralized, I'd be careful.
Earth2 is a scam
@@suckmysilencer747 I don’t think so, but there is always the chance. 🤷🏻♂️
I have a few plots there. :)
guys join the game 0x universe its a new crypto game
1.00 for sure by sunday. 🚀🚀🚀🚀
1.18 🚀🚀🚀
The big question is if Sam has his NFT art gallery.
I have about 7 galleries over 3 platforms.
Ive never even called a friend on facebook.... no way im strapping into vr to hang out with ppl
I entered at 3.32, let's se where it will go in an year🤔