MANA is Decentraland’s fungible, ERC20 cryptocurrency token. MANA is burned, or spent, in exchange for LAND parcels . For a current summary of critical stats like total and circulating supply, please visit our MANA Token Information transparency dashboard.
Read moreWhat does it mean when a coin is burned?
“Burning” crypto means permanently removing a number of tokens from circulation . This is typically done by transferring the tokens in question to a burn address, i.e. a wallet from which they cannot ever be retrieved. This is often described as destroying tokens.
Read moreWhat is mana price right now?
The current price is $3.096 per MANA .
Read moreIs Mana an NFT?
Two different types of tokens govern operations in Decentraland. These are: LAND – A non-fungible token (NFT) used to define the ownership of land parcels representing digital real estate. MANA – A cryptocurrency that facilitates purchases of LAND, as well as virtual goods and services used in Decentraland .
Read moreWhat is Decentraland coin used for?
The Decentraland application is built to track real estate parcels defined by LAND tokens . The software leverages the Ethereum blockchain to track ownership of this digital land, and it requires users to hold its MANA token within an Ethereum wallet to engage with its ecosystem.
Read moreHow much does Decentraland mana cost?
MANA Price Statistics Decentraland Price$2.38Price Change24h-$0.09707 3.92%24h Low / 24h High$2.37 / $2.48Trading Volume24h$385,111,260.64 50.72%Volume / Market Cap0.08781Decentraland price today, MANA to USD live, marketcap and chart coinmarketcap.com › currencies › decentraland
Read moreCan you sell names in Decentraland?
Access the Marketplace at market.decentraland.org. The Marketplace allows you to: Sell parcels and Estates of LAND, wearables, and unique names .
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