We use our MANA token to purchase land & items in the Decentraland platform, which has become one of the most progressive virtual reality platforms in the market.
Decentraland is like 360-degree VR but on the blockchain. You can create, experience, and monetize content and apps that exist in this digital space.
In this complex virtual world, users can purchase plots of land and navigate them. They build upon them and monetize them in the future.
Decentraland is a new, open world where users can build anything they can think of. It’s completely free and offers a lot of opportunities to those that are interested.
The virtual world has quickly become one of the most popular gaming platforms –recently, users have created all sorts of experiences on their parcels of LAND. Different types of interactive games, expansive 3D worlds and many other types of content are available for them to enjoy.
Decentraland has MANA and LAND tokens that can be used in different ways. You can also use MANA to buy cool stuff on the DAO decentralized market.
MANA is using the Ethereum blockchain to manage itself. This allows it to be distributed and scalable, there is no need for any third-party involvement.
Ethereum is secured by an elaborate decentralized network of nodes, which are used to create the universe. They work together with thousands of miners to protect the universe against attacks.
As one of the battle-tested blockchains in current usage, Ethereum is currently the most popular network for crypto tokens that don’t have their own native blockchain.
Decentraland (MANA) is a virtual reality platform powered by the Ethereum blockchain that allows users to create, experiment and monetize content and applications. In this virtual world, users purchase plots of land which they can explore, build on and sell.
Decentraland is a virtual world that was created and launched in 2017 and has since gone on to earn $24M in ICO funding. It went into Open Beta & open availability in 2/2020.
People have created elaborate LAND packages in recent years. They include interactive games, expansive scenes, and even interactive experiences.
Within Decentraland, users need to have MANA tokens to build & create content – they are the fuel of nodes that allow you to interact on the blockchain. You can also use them to buy items on their marketplace, build new things within their sandbox, trade items with other users on the DApp Store – one big list of all MANA-compatible activities.
Where & How to Buy MANA (Decentraland) in the UK
We think either Coinbase or Binance are the best options for beginners.
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Buy MANA (Decentraland) on Coinbase
You can buy MANA (Decentraland) directly on Coinbase! Which is fantastic and easy to get you started!
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They offer fast and easy fiat withdrawals and easy-to-use apps. The best part about Coinbase is they offer a lot of coins to trade with. They also guarantee that your funds will never fall below $2,500.
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Is Decentraland (Mana) a good investment?
Yes for the following reasons MANA has huge potential in the market place, and a low estimate this bull run would be a 100% increase
- There is a lot of potential for NFTs, especially gaming specific ones.
- To raise visibility and add more content, we announced a partnership with the largest digital asset management firm (GraySpacian)
- Built on a well known blockchain (Ethereum)
Decentraland is an online space that combines virtual reality with blockchain technology. Unlike most online games, players have direct control over the rules of the online world.
MANA token holders can vote on internal and organizational policies that affect everything from the types of objects allowed, to investments in the treasury.
On Decentraland, tokens represent items in the game, such as clothing & collectible objects. Users store these tokens on their crypto wallet and sell them to other users on the Decentraland Market.
To buy yourself a new mask, for example, you will need MANA. As well as trading items and properties, players can fill their own personal space with games, activities and artwork that other people can interact with.
The decision on what to do with your land is yours. There are many ways to monetize your land, including advertisements and content.
For those who’re new to the world of blockchain, these barriers might seem large. The continuing inflation caused by the supply and demand of gas on Ethereum has driven up prices for things as simple as cosmetic items or even lots of land.
Decentraland is built for creatives, opportunities, and sources of entertainment!
Decentraland has an amazing amount of LAND in their virtual world. It’s 16 fields wide by 16 fields high, which is 256 square meters total. The best part? They’re all ERC-721 non-fungible digital tokens!
Though LAND holders do have the option to develop the plot into whatever they please, much of the Metaverse is divided up into districts and each of them has a different theme and size.
These districts were generated through individual crowdsales for MANA tokens, and parcels of LAND in these districts cannot be traded – but they can still be legally sold to the highest bidder.
As of January 2021, the cyberpunk-themed Aetheria is the largest district comprised of a total of 8,008 LAND
Decentraland is one of the growing number of projects to use DAOs for governance decisions.
MANA token holders are able to supervise content in the metaverse & propose changes, along with voting for upcoming land auctions. They’re in control of what’s possible in Decentraland because all actions are through MANA tokens.
Besides being an outlet for creative ideas, Decentraland users are currently seeing success with renting out their LAND, advertising through it or providing paid experiences. Likewise, other users are making money by selling items on the marketplace for MANA.