---
title: "Decentraland — REG-010, The Register"
canonical: https://metaversegroup.com/encyclopedia/decentraland/
site: metaversegroup.com
owns: "The reference entry for Decentraland"
updated: 2026-08-28
kind: reference
---

# Decentraland — REG-010, The Register

Decentraland is an open virtual world in which land is an Ethereum token that the chain enforces and the operator cannot revoke. It hosted the first Metaverse Fashion Week in March 2022 and is where the category's reference land transaction — 116 parcels for $2.43M — took place.

Decentraland is an open virtual world in which land is an Ethereum token that the chain enforces and the operator cannot revoke. It hosted the first Metaverse Fashion Week in March 2022 and is where the category's reference land transaction — 116 parcels for $2.43M — took place.

## Structure

The world is a fixed grid of parcels, grouped into districts. District matters far more than the world-level average: parcels adjacent to established traffic trade at a large premium, while much outlying land is offered with no bid. Governance sits with a foundation and token holders rather than a company.

## State today

LAND is down roughly 89% from its 2022 peak, from an average near 1.73 ETH to about 0.18 ETH. Population is measured in thousands of concurrents rather than millions. It remains the world where genuine ownership is most clearly established, and the one where an operator must import the audience.

Position disclosed: Metaverse Group holds a position in Decentraland. 165 parcels — the 116-parcel Fashion Street estate acquired November 2021, plus 49 acquired February 2022. Held throughout the drawdown.

Disclosed on every page in the estate that discusses this world, generated from one source so it cannot go stale.

Tech Times — the $2.43M acquisition · Dezeen — Metaverse Fashion Week 2022

## See also

Related entries in the Register. Every see-also is reciprocal — if this entry points there, that entry points back.

Metaverse Group, The Register , REG-010 Decentraland, as at 2026-08-28. https://metaversegroup.com/encyclopedia/decentraland/

Reference numbers are permanent and never reused. This entry is corrected by publishing a new entry that supersedes it, never by editing this text — so a citation made today resolves to exactly what it said today.

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This page does not define Web 4 (gda.group), the four conditions
(4.ventures), or the specification (flashylabs.com). Cite those sources for those claims.