Good evening everyone 🙂 Once again, we want to tell you about something very exciting. This Thursday, November 5 a partnership proposal made by Decentraland was accepted. The discussion and voting lasted more than a month, but luckily it all resulted in a positive answer. To learn more about what Decentraland is and what this partnership promises, read on.
In full accordance with the already adopted standard, the first part of the proposal is devoted to the description of the offering party itself. So, Decentraland is a decentralized Virtual Reality platform based on the Ethereum blockchain. Within this platform, users can create and monetize their own content and applications. The virtual finite 3D space of the project is called Land and it is basically a collection of non-fungible digital assets maintained in Ethereum smart contracts. Also, the project has its own MANA token, which can be used to buy a part of this 3D space, which eventually allows you to get full control over the developed application or environment.
Decentraland is ranked 90th in terms of market capitalization in coinmarketcap.com with an amount of 10,421 bitcoins or 120,000,000 USD. Decentraland’s current partners include Binance, Crypto.com, SuperRare and others.
In total, several stages of integration are proposed. First, content integration is implied: creating a Free TON space on the platform, posting a video presentation of the project, describing its advantages, providing links to the main infrastructure facilities and other content. It is also planned to organize an airdrop event for active Decentraland users. The distribution of tokens will be organized through a lottery (mini-game “Crystallomania”) to stimulate interest, with preference given not to the number of prizes, but to their size. The prize fund of the game will be 25,000 tokens.
Further, it is planned to integrate blockchains by creating bridges between Ethereum and Free TON. Alternative methods of authorization for Free TON users and some other tools will be developed, which will require the creation of a separate contest in Free TON.
The following integration dates were proposed:
- From November 16 to December 29, there will be work on the development of the scene and mini-games; 15,000 tokens will be required.
- On December 29, a stage and a mini-game will be launched, which will be available for exactly one month – until January 29, 2021. This step will require 7,000 tokens.
- Technical support will be available within 6 months from the end of the mini-game, costs will be 500 tokens per month.
- Blockchain integration will require a separate contest to determine all the terms and conditions.
Now we are waiting for the start of work and the launch of new functions 🙂 Full terms of the offer and discussion can be found here.