Decentraland makes property rentals available in the metaverse

Now, after acquiring a LAND, the user will be able to make active use of their possessions, just like in real physical life. The announcement was made on the 5th through the metaverse's social networks. This way, with the rents, the owners will profit with the help of the metaverse. 

Trading takes place within the platform using the metaverse's native currency

Rentals made within the platform are made in MANA, Decentraland's native virtual currency. In this way, the entire negotiation is done within the environment and the amounts go directly to digital account wallets through smart contracts. 

Discover Decentraland, a platform that enables the purchase and sale of land in the metaverse

Decentraland is a 3D metaverse available for desktop. Launched in 2015 by two Argentines, the platform offers real experiences in virtual environments. Within the platform it is possible to buy, sell, watch shows and even meetings. This metaverse even has its own currency.

As we explain here in Newsverse, Decentraland's rules of use and coexistence are based on a Decentralized Autonomous Organization (DAO), therefore, all owners of assets on the platform have the right to decisions within the metaverse.

In the specific case of leasing, the property owner will not be able to negotiate the LAND or break the contract while it is valid. Just as it already happens here in the physical world.