That’s because the amount of land is limited by the platform , as the idea of scarcity helps determine value. In The Sandbox, for example, there are only 166,464 plots of land. In Decentraland, there are 90,000.
Read moreIs Decentraland supply limited?
MANA Drives Decentraland’s Virtual Economy Decentraland’s currency is MANA, a native ERC-20 token with a limited supply . Every time some purchases an NFT (non-fungible token), the platform burns a percentage of its MANA supply.
Read moreIs Mana crypto finite?
This effectively made the MANA smart contract forever immutable, with no ability to mint more tokens or pause it. MANA’s purpose is to allow users of Decentraland to purchase LAND and goods and services from other users.
Read moreHow much can Mana reach?
As on 26th Jan 2022, The price of Decentraland (MANA) crypto has fallen by 16.98% in the past 7 days. The price increased by 7.60% in the last 24 hours. In just the past hour, the price shrunk by 0.24%. It is possible that it can reach $1,000 USD if current rate of price increase happens in future.
Read moreIs Decentraland capped?
The total number of plots is capped at 90,601 and can be bought using MANA tokens. MANA token is the in-game currency of Decentraland and also serves as the platform’s cryptocurrency.
Read moreWhat is the maximum supply of Decentraland?
Decentraland Price Circulating Supply1,840,861,868 MANATotal Supply2,193,769,427 MANAMax SupplyNo DataDecentraland price today, MANA to USD live, marketcap and chart coinmarketcap.com › currencies › decentraland
Read moreWhat is the current price of mana?
Key Data Points Current Price:$2.67Day’s Range:$2.59 – $2.7152wk Range:$0.37 – $5.91Volume:4,585,431Decentraland (MANA) Stock Price, News & Info | The Motley Fool www.fool.com › quote › crypto › mana
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