The key differences between Decentraland and Worldmapx
Decentraland and Worldmapx are the leading virtual land platforms created in recent years. The concept of virtual land is still sketchy to many; however, virtual lands are representative of the real world in the digital space. Thus, digital land contains everything you see in the real world – virtual trees, virtual people, and even apartments.
On virtual lands, users can interact and trade with other landowners. Virtual landowners can do a plethora of things in their space, including building apartments, creating collectibles, and advertising real-world assets, among others. It is expected that virtual assets, including virtual land, will reach exponential growth as more people appreciate blockchain technology inventions.
Like other non-fungible tokens (NFT) assets, virtual land exists only in the fictional worlds, which are developed by video game developers and NFT enthusiasts. Thus, it is safe to say that the growth of NFT and loneliness created by the Covid19 pandemic leads to gamers and developers having more interest in virtual games and lands. Hence, Decentraland and Worldmapx have created the world map for users to interact and trade. However, there are differences in how both operate and the benefits they provide to landowners and visitors. While Worldmapx is advertisement-centric, Decentraland includes much more. Hence, here are the key differences.
What are Decentraland and Worldmapx?
How does WorldMapX work?
WorldMapX is the first NFT advertising and investing map that gives users ownership of virtual lands worldwide. The platform converts the world map into a social network and investing platform where users can claim the virtual lands. Users can buy pieces of land on the world map and use the space for numerous things like advertisements, image showing, among others.
How does Decentraland work?
Decentraland is a metaverse or virtual land hosted on the Ethereum blockchain, governed via a decentralized autonomous organization (DAO) to ensure the users control and manage the platforms. On the virtual land, investors can create 3D games, applications, and other content. The platform runs on Ethereum blockchain to trade digital assets while enjoying and exploring virtual world incentives like games and interaction.
The major differences between Decentraland and Worldmapx
In Decentraland’s metaverse, users explore the digital world via an avatar. On the space, users can buy digital art and collectibles via Crypto Valley Art Gallery. You also trade with other users’ avatars in Bartertown and can also learn at Decentraland University.
However, Worldmapx does not use virtual reality. The platform allows users to advertise on their lands and engage visitors. Landowners can use the entire area of their land on the map to post images, links, or even advertisements as they like. With a more online presence, ads will be more valuable as they engage with ads and each other. People from around the world will have access to visiting your owned land.
Tokens governing Decentraland and Worldmapx
The three tokens that govern the operations of Decentraland are LAND, Estate, and MANA. LAND is an ERC-721 token that represents a piece of land, while Estate is an ERC-721 token that represents merged pieces of land. MANA, however, is an ERC-20 token used in purchasing LAND and other digital assets in Decentraland.
Unlike Decentraland with specific tokens, Worldmapx has no specific token, but users can purchase land and other assets on the virtual land with any cryptocurrency using a coinbase gateway.
How to buy land on worldmapx
To buy land on Worldmapx is straightforward. All you need is to connect your wallet with the coinbase gateway. Here is a step-by-step guide to land purchase on worldmapx.
- View the land you want to purchase on com
- You may be interested in renowned places like England, Shangai, or Tokyo
- Make payment with cryptocurrency using coinbase gateway
- Buy your land and customize it
- Advertise on the land or lease for marketers
- With time, you can sell part of the land to new people as it appreciates
The major difference between Decentraland and Worldmapx is in their interest and solutions to real-world problems. Decentraland is a metaverse where avatars represent humans and interact in the digital space. However, Worldmapx converts the world into a digital map and social network where landowners can advertise real-world assets and interact with other land users. As such, worldmapx is revolutionizing advertisement by making companies and startups spend less on advertising through owning virtual land.