What is sand and mana?

It aims to make blockchain gaming popular. While MANA is an ERC-20 token that must be burnt to purchase LAND on Decentraland, SAND is a utility token used to perform transactions on The Sandbox . Both work on the proof-of-stake consensus method.

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Which metaverse is best?

1. Decentraland . Decentraland ( MANA 1.15% ) ranks as the biggest metaverse cryptocurrency right now, with a market cap of $5.6 billion. Even with a significant pullback since December, its MANA digital token has more than doubled over the past 12 months.

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How does Decentraland coin work?

How does Decentraland work? 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.

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