The simple answer to this question is this: Decentraland is a type of metaverse project like Sandbox, Enjin, Bloktopia, and Star Atlas. It is, therefore, not the metaverse, but is certainly involved in the conversation.
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It is a social VR application At its core, Decentraland is a social VR app. There are several multiplayer games, concerts, learning events, etc., that users can join, and Decentraland maintains its own calendar of events.
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