Cryptocurrencies
Virtual-Reality World Turns Digital Currency Into Cold Cash
- Decentraland token Mana has surged in value this year
- Seeing if gamers value ownership enough to join the community
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One of the more unusual projects funded during the height of the cryptocurrency boom is making its debut as an unlikely financial success for many of its participants.
Decentraland, a virtual-reality world owned by its users where people are already spending real money to buy plots of land and other property, went live Thursday. The project raised more than $20 million in a matter of moments during its initial coin offering in 2017.