Investing in Cryptocurrencies and Digital Assets: A Guide to Understanding Technologies, Business Models, Due Diligence, and Valuation by Keith H. Black

Author:Keith H. Black
Format: epub

Consumers build digital avatars, with each identity piece, such as hats, skin color, gloves, and purses purchased as NFTs.

Decentraland is governed through a DAO, a decentralized autonomous organization, the corporate form of blockchain entities. In March 2024, Decentraland’s governance token, MANA, was valued at $1.2 billion.

A competing metaverse property is the Sandbox, with SAND governance tokens valued at $1.4 billion. The Sandbox virtual world has more than 160,000 plots of land with a record price of $4.3 million for the sale of multiple lots.

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