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 moreWhat does it mean when a coin is burned?
“Burning” crypto means permanently removing a number of tokens from circulation . This is typically done by transferring the tokens in question to a burn address, i.e. a wallet from which they cannot ever be retrieved. This is often described as destroying tokens.
Read moreHow do I cash out mana?
Most users who sell MANA do so for Bitcoin (BTC) or Ethereum (ETH). While you unfortunately cannot sell MANA directly on Coinsquare, you can sell it on an altcoin exchange for Bitcoin or Ethereum and then use Coinsquare cash out to fiat currency like Euro or Canadian dollar .
Read more