Decentraland (MANA) is a virtual reality platform based on Ethereum. On this Ethereum network-based platform, users can create content with new applications, experience them, and monetize these contents. In the virtual world, users have certain lands which they can develop and monetize through gameplay.
Decentraland (MANA) uses two different cryptocurrencies. One is known as MANA Coin, while the other is known as ERC721 based LAND tokens. Thus, while MANA, also known as Decentraland Coin, can be bought and sold, the LAND cryptocurrency cannot be traded and is only treated as an NFT.
MANA Coin is the main cryptocurrency of the Ethereum-based virtual reality application. This decentralized cryptocurrency enables the monetization of content in the game. Investors can sell their applications or game-based content in exchange for MANA. Additionally, it is known that users can access in-game content using MANA.
As of the time this article was written, MANA Coin ranks as the 90th largest cryptocurrency, having increased by 5% in the last 24 hours.
How exactly do you buy MANA Coin? Binance stands out as the most popular platform in this regard, offering liquidity and security that influences investors‘ choice.