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.
Read moreWhich 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.
Read moreIs there a cap on mana?
This means that MANA tokens will be offered at a price that goes from 0.080 ETH per LAND equivalent to 0.133 ETH. A hard cap is set at $25 million USD . It’s important to note that the starting price on the first day represents a 40 percent discount relative to the final day price.
Read moreDoes Mana have a finite supply?
MANA is limited to a total original supply of 2,805,886,393 . As of August 17, 2021, the total circulating supply is 1.8 billion MANA, with a market capitalization of $1,509,985,208.
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