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How to Buy $MANA?
This $MANA token can be found on all major exchanges and decentralized trading platforms as DEXs. But it can also be purchased right away from our website from our Verified Partners.
ICN.live has made this possible for you by partnering with the most secure and reliable exchanges.
With simply clicking on the BUY button on this page, you’re one step away from purchasing your favorite cryptocurrency. Decentraland price can fluctuate on a minute-by-minute basis.
ICN.live encourages you to do your own research and find the best option that you consider for you.
What is Decentraland (MANA)?
This project, called Decentraland, is a platform in a virtual world and engineered by the Ethereum blockchain. This platform wants users to experience this virtual entertainment via applications. Ultimately, they will start monetizing those experiences in a decentralized manner. From here, the name of the project too: Decentraland.
Understand the word “LAND” as being their real estate ecosystem. This platform has created its own cryptocurrency named MANA and attributed to it an array of utilities starting with the most used as buying the land itself. Further, users
can use these MANA tokens to purchase different digital assets or services within the platform, but with an important role in the Governance activity of the project.
Who created Decentraland $MANA?
The creators of this project are Ari Meilich and Esteban Ordano, who have developed it since 2017. In the beginning was just a pixelated framework that rapidly evolved into a complete decentralized 3D world. The community around the project plays a vital role as they created a Decentralized Autonomous Organization DAO to vote on important decisions.
Essentially, what the project aims is to become a user-owned platform, blockchain-based, in the virtual world. A pure metaverse experience.
How does Decentraland (MANA) work?
Decentraland operates on the Ethereum blockchain as a virtual browser-based world, and everything is executed by multiple smart contracts as tools for the users to handle the content creation processes.
The project has these key features: the land itself as multiple virtual plots that users can purchase with their native token called MANA. The currency of their internal economy is used in the marketplace. There, all the transactions take place and the building tools.
All these features combined make Decentraland a pioneer in the metaverse world.
$MANA Price
As a cryptocurrency, the MANA token is influenced by a lot of factors. External and internal. Decentraland price depends on these elements.
As external factors, we can name the crypto market as a whole, with Bitcoin being the main character that dictates the trend of the crypto market. Any unexpected moves will immediately influence the market.
The adoption of this massive narrative as Metaverse where other big players as Facebook can set the trend. Positive or Negative.
Are multiple internal factors where the most important one being the relationship between founders and between founders and the team behind. Nothing can be achieved without a great team that pulls at the same rope.
From the team performance, we can extend other important factors that will influence the token’s price as the execution of the Marketing Department, partnerships, events, campaigns, and user acquisition strategies.
Overall, the success of the project will be reflected in its token price.
Decentraland price [MANAUSD]
IMPORTANT NOTICE: The data displayed on our page, including "symbols," is sourced from third-party providers. Please be aware that in some cases, the information may vary or not be fully accurate across different blocks. We strongly encourage you to verify any data you find by cross-checking with multiple sources to ensure its accuracy.
