decentraland has Announced that the owners of the lands can lease them to other users. The new system will allow both LAND owners and tenants to rent LAND in a secure and decentralized manner, stored on a server managed by the Decentraland Foundation (off-chain) and Ethereum transactions (on-chain).

Decentraland is a virtual world launched in 2020, where users can buy virtual land using one of its native tokens, MANA, on the Ethereum blockchain. In addition to buying land, users can also interact with each other, play games using interactive dApps, and trade to earn money.

Two professional blockchain developers, Ari Meilich and Esteban Ordano, are responsible for smart contracts on the virtual 3D platform. Along with the MANA token, an ERC-20 token, Decentraland has ESTATE, a…