The original total supply was set at 2.8 billion MANA, but has been reduced as more than 600 million MANA have been burned as a result of LAND auctions.
Read moreHow much does land cost in Decentraland?
On popular metaverse platforms Sandbox and Decentraland, the smallest chunks of land are going for 3.7 ether and 3.46 eth, respectively, which translates to roughly $11,717 and $10,957 , according to a Fortune report, which cited data from Meta Metric Solutions.
Read moreWhat is the purpose of Decentraland mana?
MANA is the digital asset token used to pay for goods and services in Decentraland . It is built on Ethereum in accordance with the ERC20 standard for tokens. MANA can be bought and sold for fiat currency or other digital currencies.
Read moreIs 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.
Read moreIs Mana an ERC20 token?
MANA is Decentraland’s ERC20 token .
Read moreIs Decentraland like Roblox?
Unlike gaming platforms like Roblox, Decentraland, which opened to the public in 2020, operates on MENA cryptocurrency . So, as with any crypto platform, the whole platform is run by its users, without a central point of control. And it can be a place to buy and trade NFTs.
Read moreIs Decentraland a Binance?
We’re happy to share that Binance is partnering with Decentraland , making BNB one of the few additional tokens accepted in the upcoming LAND auction!
Read more