Decentraland
Founded Year
2015Stage
Corporate Minority | AliveTotal Raised
$500KMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-57 points in the past 30 days
About Decentraland
Decentraland is a virtual world platform focusing on user-generated content and experiences within the metaverse sector. It offers tools and applications for creating three-dimensional (3D) content, games, and applications, all accessible on a decentralized virtual reality (VR) platform. The platform enables users to buy or rent virtual land, create and manage digital assets like wearables and emotes, and participate in social events. It was founded in 2015 and is based in Carlsbad, California.
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ESPs containing Decentraland
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The virtual worlds market encompasses the development and operation of immersive digital environments that simulate real-world or fictional settings. These virtual worlds can be accessed through various platforms such as computers, gaming consoles, and virtual reality headsets. Users can engage in social interactions, explore virtual landscapes, participate in activities, and even create their own…
Decentraland named as Outperformer among 15 other companies, including Meta, Roblox, and Ubisoft.
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Research containing Decentraland
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Decentraland in 3 CB Insights research briefs, most recently on Nov 11, 2022.
Expert Collections containing Decentraland
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Decentraland is included in 2 Expert Collections, including Blockchain.
Blockchain
12,836 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Luxury Tech
419 items
Tech-enabled companies launching new luxury brands, as well as startups providing tech solutions to the luxury industry, including e-commerce tools, marketing, and more. While these companies may not exclusively target luxury companies, they have notable luxury partners.
Latest Decentraland News
Sep 20, 2024
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › DogLibre, founded by Lee Lin Liew, represents an innovative fusion of blockchain with a mission-driven purpose: to improve the lives of stray and pet dogs. By utilizing Web3 technologies, DogLibre seeks to address long-standing issues in animal welfare, including a lack of awareness, trust, funding, and community involvement. In this article, we’ll explore the vision behind DogLibre, how it operates, and what it aims to achieve for the global dog care community. The genesis of DogLibre: Passion meets technology For Lee Lin Liew, DogLibre is more than just a blockchain project; it’s a deeply personal mission rooted in her upbringing. Liew said: “I grew up surrounded by rescue dogs—my parents started taking in strays even before I was born.” These early experiences cultivated her passion for animal rights and welfare, eventually inspiring her to leverage her expertise in blockchain to tackle the challenges faced by dog rescue organizations. Through her work at previous Web3 ventures like Decentraland, Liew observed the transformative power of blockchain in galvanizing communities. This realization led her to envision a system where blockchain could directly address the core issues confronting animal rescue operations, such as inconsistent funding and insufficient community engagement. Lessons from Decentraland: Empowering communities Liew’s experience with Decentraland, a virtual reality platform built on blockchain, provided invaluable lessons in community building. Liew explained: “We built Decentraland from the ground up into a multi-billion market cap project, and it taught me about the power of community when they are empowered to take a stake in something.” This insight became foundational for DogLibre’s structure. By creating a decentralized governance system, DogLibre allows dog lovers and community members to have a direct say in the project’s direction. Rather than relying on centralized organizations that often struggle with funding and decision-making, DogLibre empowers its supporters to engage in animal welfare efforts through a system that fosters trust, transparency, and accountability. Blockchain’s Role in Animal Welfare: How DogLibre Works At the heart of DogLibre is the $DOGL token, which aligns incentives and motivates stakeholders to participate in solving four key issues in animal welfare: awareness, trust, funding, and community involvement. “Blockchain technology is central to resolving transparency and trust issues,” says Liew. One of the most innovative features of the platform is the tokenization of rescue dogs, where real-time updates about each animal’s health, status, and adoption journey are recorded on the blockchain. Meet Jabo, a true survivor and a testament to the incredible impact #DogLibre and our community can make. Thanks to $DOGL , Jabo’s journey from suffering to smiling is nothing short of miraculous. Rescued after being found chained near a garbage site, with his right eye cruelly… pic.twitter.com/spgLiHaLUY This is made possible through the use of AI, smart wearable devices, and other technologies that collect valuable data from dogs. These wearables contribute not only to pet health but also to broader research and innovation in animal care. The data collected helps feed AI models, improving pet care while creating new monetization opportunities that can be reinvested into shelters, medical care, and R&D. Overcoming Challenges: Education and Trust While DogLibre has grand ambitions, it also faces challenges. Liew notes that educating people about blockchain and fostering trust will be hurdles. This is true even for members of the Web3 community, who are often enthusiastic but may not fully understand the technical complexities of the platform. DogLibre’s strategy to overcome these challenges is rooted in transparency and community involvement. By showcasing how blockchain can be a force for good, particularly in a sector like animal welfare, the project aims to win over skeptics and build a broad base of support. Balancing Blockchain and Mission-Driven Goals The fusion of blockchain with social good is a delicate balancing act, but one that Liew and her team are keenly aware of. “Balancing the technical demands of blockchain with our mission to improve animal welfare is at the heart of what we do at DogLibre,” says Liew. The platform’s focus on transparency—through the tokenization of rescue dogs and blockchain-based records of every donation, adoption, and medical update—ensures that the community remains engaged and trusts the system. The project’s tech team works closely with animal welfare experts to ensure that every technological decision enhances, rather than complicates, their mission to help animals. Trends Shaping the Future of DogLibre As a mentor at R3 and Outliers Venture Capital, Liew has a finger on the pulse of blockchain trends. She is particularly excited about the move toward real-world utility, noting that blockchain is no longer just a speculative tool. This shift aligns perfectly with DogLibre’s mission to solve real-world problems through decentralized technology. Another trend that could shape DogLibre’s future is cross-chain interoperability, which allows different blockchain networks to communicate with each other. This development could enable DogLibre to collaborate across various blockchain ecosystems, expanding its reach and creating more opportunities for partnerships. Community involvement: The heart of DogLibre At its core, DogLibre is a community-driven project. The platform’s decentralized structure allows community members to actively participate in governance, making decisions that affect the future of the project. Beyond simply holding $DOGL tokens, community members can propose new initiatives, drive policy changes, and advocate for better animal welfare standards. “Community involvement is absolutely central to DogLibre’s mission,” says Liew. This decentralized approach not only fosters engagement but also ensures that DogLibre remains aligned with the needs and values of its supporters. Scaling for global impact DogLibre’s ambitions extend beyond the blockchain. The project involves real-world components like rescue dogs, smart devices, and shelters, all of which require robust infrastructure and partnerships. To scale globally, DogLibre is building local partnerships with animal welfare organizations, leveraging blockchain to ensure transparency and security in these operations. “We’re also creating a network of global ambassadors who will champion DogLibre’s mission in their own communities,” says Liew. By mobilizing local talent and expertise, DogLibre can adapt its solutions to the unique challenges of different regions, ensuring that its impact is both scalable and sustainable. Measuring Success: Real-World and Digital Metrics Success for DogLibre is measured through both quantitative and qualitative metrics. In the next year, the project is focused on four key areas: User Adoption and Growth: Increasing the number of $DOGL token holders and platform users. Partnerships: Establishing collaborations with organizations in the tech, blockchain, and animal welfare sectors. Real-World Impact: Tracking the number of dogs rescued, supported, and adopted through the platform. Community Engagement: Monitoring participation in governance processes and community-driven initiatives. Ultimately, DogLibre’s success will be judged by its tangible impact on animal welfare, from increased adoptions to improved shelter conditions and medical care for stray dogs. Looking ahead: A global movement Liew envisions DogLibre becoming a global leader at the intersection of pet care and technology. Over the next 5 to 10 years, the platform will continue integrating cutting-edge advancements in blockchain, AI, and smart devices to drive real-world change. “We want to create a global movement that not only sets industry standards but also influences policy changes,” Liew says. DogLibre’s long-term goal is to redefine how the world cares for animals, using decentralized technology and community-driven efforts to ensure that innovation benefits all involved. DogLibre’s is heading to Token2049 and MemeCon in Singapore to talk about how they’re using tech and tokenomics to make a real impact for dogs. Conclusion DogLibre represents a new frontier in the blockchain space, where technology meets social good. By leveraging blockchain to address the challenges of transparency, trust, and community involvement in animal welfare, DogLibre has the potential to make a lasting impact on the lives of stray and pet dogs worldwide. As the project scales and evolves, it will serve as a model of how blockchain and crypto economics can be used for real-world positive change, one dog at a time.
Decentraland Frequently Asked Questions (FAQ)
When was Decentraland founded?
Decentraland was founded in 2015.
Where is Decentraland's headquarters?
Decentraland's headquarters is located at 2385 Marron Road, Carlsbad.
What is Decentraland's latest funding round?
Decentraland's latest funding round is Corporate Minority.
How much did Decentraland raise?
Decentraland raised a total of $500K.
Who are the investors of Decentraland?
Investors of Decentraland include Highco, Hashed, Cogitent Ventures and Boost VC.
Who are Decentraland's competitors?
Competitors of Decentraland include Vault Hill, SpatialPort, Animoca Brands, Upland, rooom and 7 more.
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Compare Decentraland to Competitors
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Somnium Space is a company that focuses on creating a virtual environment, operating in the technology and entertainment sectors. The company offers a digital platform where users can explore a world not limited by reality, providing opportunities for various experiences and interactions. It was founded in 2017 and is based in London, England.
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Sansar is a social virtual reality platform focused on immersive user-generated content and experiences. The platform allows users to socialize, explore, build worlds, attend events, and design interactive games and quests for both VR and desktop environments. Sansar primarily serves the entertainment and social networking sectors within the virtual reality industry. It was founded in 2017 and is based in San Francisco, California. Sansar operates as a subsidiary of Wookey Technologies.
Sine Wave Entertainment is a company that focuses on creating immersive virtual environments, operating in the technology and entertainment sectors. The company's main offerings include a virtual world platform for socializing and creating, as well as a social hub for remote teams to connect and interact in a virtual setting. Sine Wave Entertainment primarily serves the technology and remote work industries. Sine Wave Entertainment was formerly known as Another Dimension Media Ltd.. It was founded in 2006 and is based in London, England.
Spatial operates as an online gaming platform specializing in three-dimensional games across web, mobile, and Virtual reality. The company offers a suite of tools for creators to build and monetize user-generated content, alongside a virtual economy for digital goods. Spatial primarily caters to the gaming community, offering multiplayer experiences, parkour challenges, racing games, and more. It was founded in 2016 and is based in New York, New York.
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