Decentraland Launches “Worlds” 3D Spaces for NAME Holders

Credit: Decentraland

The popular metaverse Decentraland (DCL) just introduced a new feature called Worlds, currently available to the public in Beta. The release is part of DCL’s goal to lower the barriers for users to become Decentraland-based creators.

Worlds are 3D virtual spaces linked to Decentraland NAMEs. They allow users to build and create environments, host digital events, and monetize their spaces — features previously only available to LAND NFT holders in Decentraland. But unlike LAND NFTs, Worlds cannot be trade or sold.

The price of a NAME token on Decentraland is 100 $MANA, or currently around $30. Users must choose names that are less than 15 characters when creating a new token and can register their NAME to LAND or an avatar. Then they can claim their 3D personal World in the metaverse.

Worlds span up to 4 parcels, or 16 by 16 meters of virtual land. They can currently host a up to 100 users with a maximum size of 100 megabytes. However, because the feature is in beta, changes are expected. For example, users might be given the ability to host Worlds on their own servers.

It’s also worth noting users can control who enters their virtual worlds. One way of doing so is requiring visitors to have specific non-fungible tokens (NFTs) or passes. Also, Worlds will be available to players in both public and private games.

The high prices of LAND NFTs in the Decentraland prevented many users from fully participating in the virtual world’s economy in the past. Worlds and NAME NFTs could help level the playing field for creators and metaverse explorers alike.

Decentraland Makes Moves in 2022

Fans of Decentraland should be excited about the latest move from the DCL team. But this isn’t the first move we’ve seen from the popular Web3 metaverse this year. At Rarity Sniper, we’ve written dozens of articles about Decentraland in 2022. Here are three of the top stories.

First, about five months ago, Decentraland opened the first automated teller machine (ATM) in the metaverse. The ATM lets users buy Decentraland’s native token $MANA, and other cryptocurrencies. The aim behind the virtual vending machine is to make cryptocurrency more accessible to customers.

Next, Decentraland hosted its second annual Metaverse Music Festival from November 10th to the 13th. The virtual concert had 15 stages and over 100 confirmed artists, including Soulja Boy, Ozzy Osbourne, and DJ Dillon Francis. The concert took place in a “cyberpunk city” that was abandoned for 100 years.

Lastly, the country of Norway made waves in Web3 when it opened a tax services office in Decentraland. Norway will use Decentraland to offer tax services to technology-native youth and to give tax information about NFTs and DeFi.

However, despite the year Decentraland has had, Worlds could prove to be its most important innovation yet. Now the price barrier to enter the digital world as a creator has dropped significantly. We’ll be following up for news about Worlds and how users like it.