Decentraland will host the Music Talent Trail on March 20th. Five venues have been selected to showcase live music acts during this upcoming event.
Decentraland is a blockchain platform that combines elements of virtual reality and digital assets. It is a digital space where users interact and participate in content creation. The platform's mechanism is based on non-fungible tokens (NFTs), which are unique assets used to represent virtual land parcels called LAND. Each LAND parcel is unique and owned by only one owner, and it can be occupied by various virtual buildings or objects. All decisions regarding the development and management of Decentraland are made through voting by token holders within a decentralized autonomous organization (DAO).
The native token in the Decentraland ecosystem is MANA. This token serves as a means of participating in DAO voting. Owning MANA tokens provides the opportunity to participate in platform governance and determine its future development. LAND is a non-fungible token that represents land parcels owned by community players. Like MANA, it is part of the Decentraland governance protocol and grants voting rights.
Decentraland is hosting the Music Talent Trail on March 20th. Five venues have been selected to showcase live music acts during this upcoming event. Participants will share a prize pool of 700 USD in MANA.
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