What is Decentraland (MANA)? - Coinleaks
Current Date:September 21, 2024

What is Decentraland (MANA)?

Decentraland is an Ethereum-based platform. It offers users the opportunity to earn money by producing various content. MANA is the native cryptocurrency of the network.

What is Decentraland?

Powered by the Ethereum blockchain, Decentraland is defined as a virtual reality platform. It is a platform that allows users to make money while creating content and applications at the same time. The virtual world, Decentraland, allows its users to travel and purchase land on which they can build and earn money. It was opened to the public in 2020.

Decentraland was implemented in partnership with Ariel Meilich and Esteban Ordano, known for their blockchain projects. While Meilich dealt with the content and design of the platform, Ordano worked on its technological infrastructure. Decentraland is a shared virtual world, like the Metaverse described by Neal Stephenson in his sci-fi novel Snowcrash, or the OASIS described by author Ernest Cline in Ready Player One.

Decentraland allows users to connect and interact with each other, create content and play games. It also has a virtual economy where users can perform numerous economic transactions around the world and earn money from the content and apps they create. Unlike other virtual worlds, it is not controlled by a central organization or company.

What is MANA Coin?

Decentraland’s native cryptocurrency is MANA. It is known as a digital asset token used to pay for goods and services in Decentraland. MANA is built on Ethereum in accordance with the ERC-20 standard. MANA can be bought and sold for fiat currency or other digital currencies. MANA was created for creators and designers for the art, gaming, entertainment world. All production is carried out in the world called “Metaverse”, which consists of 90601 LAND parcels, each of which is represented by NFT. Users have created a wide variety of experiences in LANDs on computers, including interactive games, sprawling 3D scenes, and a variety of other interactive experiences.

How And Where To Buy MANA Coin?

MANA is the Ethereum token behind the Decentraland virtual reality platform. MANA can be used to purchase virtual plots in Decentraland and to pay for real-world goods and services. MANA is listed on many cryptocurrency exchanges. As an example of these; Platforms such as Binance, Coinbase Exchange, KuCoin, Kraken, Bitfinex, Uniswap (V2) can be given.

Investors who want to buy MANA should first become a member of the relevant platform they prefer. After the membership process, you must open an account and perform identity verification. After entering the information and completing the verifications, the desired amount of MANA Coins can be purchased on the trading page. Purchased MANA Coins can be used in transactions or stored in secure wallets.

Decentraland (MANA) Price

At the moment 1 Decentraland 7.55 TLTL It is traded from. Moreover 1 Decentraland 0.405612 $is dollars.

Decentraland price in last 24 hours 1.84%with change now 7.55 TLTLIt is traded from.

Decentraland volume in the last 24 hours 52,906,559 $dollarand if the market value of the cryptocurrency is 736,947,660 $dollaris.