What is Decentraland?
Decentraland is the first launched fully decentralized marketplace deployed on Ethereum network where the users from the real world can explore a virtual world. In this platform, the users can create and trade a virtual land, unique avatars, several accessories etc in the form of NFTs. The Decentraland platform has about 90,601 pieces of virtual land which can be traded by the community members within the platform.
How Does Our Decentraland Works?
It is a platform that is powered by Ethereum network in which you can track the ownership of a virtual land, avatar wearable etc. Here you can create 3D environment, unique avatars etc and even interact with other players virtually. In order to experience such events, you should have a digital wallet to store MANA and other digital assets safely.
Native Tokens of Decentraland
MANA
The native cryptocurrency of Decentraland is called MANA. This MANA is created based on ERC20 token standard and it mainly used to trade the LAND parcels of Decentraland.
Decentraland Price (MANA): $3.37
Market Cap: $7.38B
Trade Volume: $2.03B
Total Supply: 2.19B
LAND
LAND is a Non-Fungible Token created based on ERC721 token standard which is mainly used to represent the parcels of virtual lands, avatars, wearables etc.
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