Soulja Boy, Ozzy Osbourne and Dillon Francis are headed to the Metaverse Music Festival in Decentraland! 👾
both played virtual concerts in Fortnite’s virtual gaming world, while MTV launched a Best Metaverse Performance category.
Decentraland, however, is different from corporate metaverses like Fortnite as it is owned and operated by its users through crypto technology. The land inside the world can be bought and traded by the community who then choose what to build. Wearables and digital items can be traded on the platform’s native marketplace.
“The big difference is philosophy,” says Hamilton. “We believe that the user should not be the product, but should own and direct the product.” RelatedDespite last year’s metaverse hype, however, these virtual crypto worlds are not as popular as Fortnite, Roblox and others.
“We’re working hard to catch up with the hype,” admits Hamilton. “We needed longer to build out a better platform with more features but the hype [of 2021] came too quickly.” Last year’s festival brought in Decentraland’s biggest numbers of the year, and Hamilton believes this year’s event will bring another wave of new users to the platform. “The metaverse is inevitable,” he concludes. Zooming out, he envisions a network of virtual worlds, some centralized and some decentralized, but not necessarily dominated by one company or platform. “This is definitely happening.”
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