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Cryptocurrency News Articles

Decentraland will host an AMA on X

May 20, 2025 at 09:19 pm

Decentraland will host an AMA on X on May 21st at 21:00 UTC, preceding the platform's Pride Film Festival.

Decentraland will host an AMA on X

Decentraland, the blockchain platform that combines elements of virtual reality and digital assets, will host an AMA on X on May 21st at 21:00 UTC.

The session will precede the platform’s Pride Film Festival and gather contributors to the documentary programme, including filmmaker Kadine James.

Decentraland is a digital space where users interact and participate in content creation. It’s structured as a DAO, with governance proposals decided by token holders and part of the ecosystem.

Non-fungible tokens (NFTs) play a central role in Decentraland. They represent virtual land parcels called LAND. Each LAND parcel is unique and owned by only one entity, and it can be occupied by various virtual buildings or objects.

MANA is the native token in the Decentraland ecosystem. The token serves as a means of participating in DAO voting.

To participate in platform governance and determine its future development, users can vote on proposals using MANA tokens. In turn, LAND is a non-fungible token representing land parcels owned by community players. Like MANA, it’s part of the Decentraland governance protocol and grants voting rights.

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Other articles published on May 21, 2025