{"id":664,"count":22,"description":"VR\/AR cryptocurrencies are digital or virtual currencies designed to work as a medium of exchange within virtual reality (VR) and augmented reality (AR) platforms. These cryptocurrencies enable users to purchase virtual goods, services, and experiences within immersive digital environments. They often leverage blockchain technology to secure transactions and provide a decentralized framework for ownership and trade of virtual assets. Real-world examples include MANA, the native currency of Decentraland, a VR platform where users can buy and sell virtual real estate; and SAND, the utility token used in The Sandbox, an Ethereum-based virtual world that allows users to create, build, distribute, and monetize their interactive gaming experiences. Both MANA and SAND facilitate economic interactions within their respective ecosystems by allowing users to acquire land parcels as NFTs (Non-Fungible Tokens), participate in governance decisions, or exchange assets on their marketplaces.","link":"https:\/\/coinclarity.com\/coin-category\/vr-ar\/","name":"VR\/AR","slug":"vr-ar","taxonomy":"coin-category","parent":0,"meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/coin-category\/664"}],"collection":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/coin-category"}],"about":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/taxonomies\/coin-category"}],"wp:post_type":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/coin?coin-category=664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}