Decentraland: Background It has three native tokens: LAND, an ERC-721 token that represents parcels of digital land; Estate, an ERC-721 token that represents merged parcels of digital land; and MANA, an ERC-20 token that serves as Decentraland’s currency.
Read moreWhat is Decentraland and how does it work?
How does Decentraland work? The Decentraland application is built to track real estate parcels defined by LAND tokens . The software leverages the Ethereum blockchain to track ownership of this digital land, and it requires users to hold its MANA token within an Ethereum wallet to engage with its ecosystem.
Read moreWhat is Decentraland cryptocurrency?
Decentraland is a 3D virtual world browser-based platform . Users may buy virtual plots of land in the platform as NFTs via the MANA cryptocurrency, which uses the Ethereum blockchain. It was opened to the public in February 2020, and is overseen by the nonprofit Decentraland Foundation.
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