Decentraland (MANA) is an Ethereum token that powers the Decentraland virtual reality platform. MANA can be used to pay for virtual plots of land in Decentraland as well as in-world goods and services.
Read moreIs Decentraland a Cryptocurrency?
Decentraland is a 3D virtual world browser-based platform . Users may buy virtual plots of land in the platform as NFTs via the MANA cryptocurrency, which uses the Ethereum blockchain. It was opened to the public in February 2020, and is overseen by the nonprofit Decentraland Foundation.
Read moreWhat do you need for Decentraland?
All you need is an installed digital wallet and at least 100 MANA to burn . Another alternative is to buy a name in the Decentraland Marketplace.
Read moreHow do I edit my avatar on Decentraland?
To get started, simply visit avatars.decentraland.org , create your account and customize your Avatar. You can create your look from a huge variety of body, face, hairstyle and outfit options. Blend in with a beige sweater or make a statement with blue hair.8 Tem 2019
Read moreIs Mana burned in Decentraland?
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 moreDo Mana tokens get burned?
After the purchase of land with MANA tokens, the currency will be “burned” and a new entry in the LAND registry will be created.
Read moreIs Mana coin deflationary?
The total MANA supply following the token sale was 2,644,403,343. Following a community vote, this is now an ever reducing supply (deflationary) , due to a 2.5% MANA marketplace fee (which is burned and removed from supply) every time a parcel of LAND, avatar or wearable is sold.
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