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 moreIs there a limited amount of land in Decentraland?
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.
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