Decentraland launches metaverse land rental
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Decentraland has announced that owners of lands can rent them to other users. The new system will allow both LAND owners and tenants to rent LAND in a safe and decentralized manner, stored in a server managed by the Decentraland Foundation (off-chain).
Decentraland is a virtual world launched in 2020, where users can buy virtual plots of land using one of its native tokens, MANA, on the Ethereum blockchain. Apart from buying lands, users can also engage with each other, play games using interactive dApps, and carry out trades to earn money.
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