We're in the early phases of the worldwide pandemic, we go over some of the after effects of the Coronavirus. Decentraland provides an opportunity for many by providing an ability to meet in the metaverse. Coinfest is a conference that was canceled due to the virus and their hosting several venues in Decentraland and one of them is MetaZone. After releasing 4 games in Decentraland, we're in the middle of development on our fifth game called Corona Zombies! We talk about the current stage of the game and some future updates that could occur when we get the community to play. Another iteration would be an RPG version of zombies where it'll take a collective group to take down the horde! Finally, we showcase some of the new creators submitting their work into MetaZone.
With the world collectively being affected by the Corona Virus, we give you our thoughts around how the global pandemic will affect the world economy. Bitcoin lost about 40% in a single day and we even saw a price below $4k, but ultimately, this is an asset worth keeping an eye on. The world economy is hanging in the balance, the government has cut interest rates to almost 0% and quantitative easing is the last shot in their chamber. These moves by the government could lead to a recession if not a depression at an scale not seen since 1929. While everyone stays in to work from home, we do the same and encourage all game developers to hop into Decentraland to build anything from games to 3d models of anything for landowners. With MetaZone marketplace growing, there are a number of landowners ready to purchase. The most valuable creations are ones that can allow landowners to make passive income. One of the way we propose to support any game is with a no-loss sponsorship by using compound interest to pay the prizes.
William and Iman bring you the CMO of Decentraland, Federico Molina, to discuss the latest updates from the launch to the future of the metaverse. Now that Decentraland has officially launched, anyone can create an avatar and jump into the world to explore. Fede gives us his take on the launch, what the builder could provide to the larger community, and how developers will play a large role in populating the metaverse with more unique creations. During our conversation, we introduce MetaZone.io and how we're helping cultivate a development community by bringing a service that allows them to monetize their creations in a few clicks. We also discuss a no-loss sponsorship where MANA is used in Compound.finance to fund our daily and monthly tournaments. The sponsor can access the principal at any time and only the interest is used to fund all our games. We also request additional clarity around the roadmap and Fede's thoughts on the focus of the team.
Sebastien Borget is the cofounder and COO of the Sandbox and his colleague Nathan from the marketing team join us to discuss the upcoming user generated blockchain world. We go into details as to how sandbox is accomplishing their goals of bringing blockchain to mainstream gamers by allowing them to generate their own assets and deploy them to the world. Through Voxel art, users can contribute their creations into the world and sell them as NFTs. Users can decide how many of each creation can exist in the world and anyone can buy them and deploy them to their land to make a game around it. We even get down to the details of how people can stake their digital currency called Sand to enable new functionality that wasn't possible before. Afterwards we debrief on the conversation and discuss how you can get involved and what we could bring to the table into this new metaverse.
The MetaZone team adds Lastraum as our smart contract developer. Pretty soon all players, landowners and creators will be able to go to their MetaZone account and receive a payout with a click of a button. We want to build a trust-less environment where we can collaborate and grow MetaZone together without having to trust anyone on payments. In the course of 7 days post launch of Decentraland, we were able to receive over 150,000 in Mana from landowners and players for our games. We are discovering something we anticipated existed, the ability to deploy custom content for landowners to earn passive income is a growing need. We're happy that we collected like-minded people to join us in making this happen.
Welcome back to episode 52 of The Block Runner Podcast. Here is where we discuss the latest developments in cryptocurrency while we make this new technology relatable to you. You can watch this podcast on our YouTube channel to follow along with our discussion. As always, I am your host William talking with your cohost Iman and today we discuss our experiences and the performance of MetaZone 5 days after Decentraland. We discuss revenue and how you can earn Mana from your land. Alright lets listen in.