Is 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 .

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Is Mana a Stablecoin?

MANA, to a portfolio of stable coins including equal proportions of USDT, USDC, and DAI. The added stability resulting from this diversification will better empower the DAO to fulfill its various financial obligations (e.g. the community grants program) over a longer period of time.

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