Decentraland [MANA] announces SDK Alpha launch
Decentraland, the Ethereum based virtual reality platform has announced the launch of its software development kit (SDK) alpha.
Decentraland SDK would allow developers to create and deploy games and content on top of the platform. The SDK includes a CLI, alpha API and supporting documentation. Currently a developer using the SDK can build single user 3D experiences (which can be interactive as well).
There was a big upmove in MANA prices for the past couple of days. Yesterday, the price had risen from $0.12 to $0.22 as per CMC prices. At the time of writing, prices had slid down to $0.15
It may be a possibility that the launch of the SDK would have been a factor in the rise.
A brief look at Decentraland
Decentraland is an open source platform which enable developers to own a particular area of the VR platform. The area is known as LAND and enables the developer to build virtual reality experiences for his users.
According to the whitepaper,
LAND is bought by burning MANA, a fungible ERC20 token of fixed supply. This token serves as a proxy for the cost of claiming a new parcel. The LAND contract uses a burn function to destroy MANA and create a new entry in the LAND registry. New parcels need to be adjacent to a non-empty parcel.
The key aspect of Decentraland is that it enables content creators to own the revenue of the content contributed on the platform. The record of ownership is made immutable with the use of the Ethereum blockchain. The content is distributed using IPFS or Bittorrent.
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.