Decentraland (MANA) price, market capitalization and tokenomics


Decentraland (official site decentraland-org) is a decentralized virtual reality platform based on the Ethereum blockchain and controlled by smart contracts.

Participants will be the main owners, developers, and players. The platform has a fairly large market for various gaming and entertainment applications with a huge number of players. The team makes every effort to offer the community with interesting sites, games, and events, but it is completely owned by the network’s customers.

In 2016, a virtual 3D world called LAND was developed. Decentraland acts as a digital universe without a central owner. With the MANA token, users can purchase a digital land plot where they can build anything they want, such as a movie theater, casino, clubs, stores, and more. For that, they will receive income from the value made on this land for others. You can also travel around the area and purchase new real estate objects for yourself.

Community features include the ability to create and analyze applications. The purchase and sale of land plots are fully controlled by smart contracts, so users can build entire districts and cities, earning a profit.

MANA is an internal ERC20 standard token that is used to purchase goods and services in the system. Developers offer a high speed of transactions and minimum commissions.

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