What is Decentraland?
Decentraland is the first user-owned decentralized virtual reality platform built on the Ethereum blockchain. In this world, players have the full right to create, experience and build anything on the land they own. Players can participate in in-game activities (exhibition, shopping, vacation, business) or make a profit from investment, service business, as well as buy and sell virtual items with MANA at Marketplace. .
Decentraland uses a decentralized autonomous organization (DAO) structure to make governance decisions. Owning the MANA token grants players the privilege of voting on the policies and types of content allowed in the Decentraland universe.
Main components in Decentraland
LAND
LAND is real estate in the form of NFTs in Decentraland. Each LAND has its own (x,y) coordinate. Players can buy, own LAND and profit on that land.
Marketplace
Marketplace is a place where users can exchange, trade and buy game items, LAND real estate, character accessories, and even in-game names.
Decentraland Development Stages
The attraction of the Decentraland project is that it is divided into development stages similar to world history.
Stone Age – June 2015
The project launched a 2D pixel real estate network, containing NFT proof of ownership metadata.
Bronze Age – March 2017
The project was upgraded to 3D virtual world with clearly divided land plots.
Iron Age – Q4/2017
The project continued to develop economic and social experiences on existing land with new applications. Transactions are completely peer-to-peer, processed quickly.
Silicon Age – 2018
The project was upgraded to a virtual reality world, allowing players to role-play going to see music, go shopping, build business, drive a car, go on vacation, and more.
Token MANA
- Ticker: MANA
- Blockchain: Ethereum
- Token standard: ERC-20
- Total supply: 2,194,102,327 MANA.
- Circulating supply: 1,820,000,000 MANA.
Allocation of MANA token
- Crowdsale (ICO): 40%.
- Decentraland Foundation: 20%.
- Team & Early Contributors: 20%.
- Community & Partners: 20%.
MANA token Price today
How to buy MANA
Decentraland (MANA) has been listed on Attlas Exchange.
Traders can easily and securely buy MANA with lowest fees on Attlas Exchange.
Step 1: Download the app and register an account
Step 2: Select Market on the toolbar at the main screen
Step 3: Select Spot
Step 4: Find MANA
Step 5: Select Buy
Summary
This article is an overview of Decentraland (MANA), not a financial advice.
Users are advised to do their own research before making any trading decisions.