Two different types of tokens govern operations in Decentraland. These are: LAND – A non-fungible token (NFT) used to define the ownership of land parcels representing digital real estate. MANA – A cryptocurrency that facilitates purchases of LAND, as well as virtual goods and services used in Decentraland .
Read moreHow much does mana cost in Decentraland?
MANA Price Statistics Decentraland Price$2.40Price Change24h-$0.09854 3.94%24h Low / 24h High$2.38 / $2.51Trading Volume24h$317,077,340.05 25.60%Volume / Market Cap0.07169Decentraland price today, MANA to USD live, marketcap and chart coinmarketcap.com › currencies › decentraland
Read moreWhat is Decentraland NFT?
Imagine a virtual world where people are living an alternate version of themselves. They are buying digital clothes and acquiring digital art in the form of non-fungible tokens (NFTs), using cryptocurrencies as a legitimate form of money. That’s what Decentraland, a virtual real estate platform , is all about.
Read moreWhat does Mana BTC mean?
What Is MANA? MANA is Decentraland’s cryptocurrency token . It’s an ERC20 token that you use to purchase plots of LAND as well as pay for in-world goods and services. When you buy LAND, Decentraland burns the MANA that you purchase it with. The Decentraland team originally sold each plot of LAND for 1000 MANA.
Read moreWhat is mana cryptocurrency?
The platform’s MANA coin is the cryptocurrency that’s used to buy virtual goods and services , while LAND is an NFT token that defines ownership of land parcels that represent digital real estate.
Read moreIs Mana a good cryptocurrency?
Is Mana a good investment: Final Outcome. Decentraland Mana has been a good investment in 2021 . However, the metaverse token has crashed since attaining the all-time high in November.
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!
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