Create, explore and trade in the first-ever virtual world owned by its users.

In Decentraland virtual world, you can purchase land, build it, monetize, and immerse into the applications and content that is built by other users. What distinguishes Decentraland from other VR projects is its decentralized nature. Land and in-game currency are powered by the Ethereum blockchain which give users complete ownership and promotes transparency. This has led to an increase in MANA price.

MANA

MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. Users can currently use MANA to purchase LAND and also pay for goods and services in Decentraland. MANA token can be purchased from various centralized exchanges, decentralized exchanges, and swap services.

LAND

The concept of LAND in Decentraland refers to a parcel of land in the 3D virtual world. LAND is a non-fundigble token (NFT) on Ethereum blockchain. Users have the opportunity to permanently own any LAND they purchase as the land titles are all traceable through the blockchain. They would then have total control on any 3D scenes they would like to build on the LAND. Individual parcels of land can be combined into estates to form larger plots of land. You may purchase LAND from secondary markets such as the Marketplace or OpenSea.

Trade

Buy and sell LAND, Estates, Avatar wearables and names in the Decentraland Marketplace: stocking the very best digital goods and paraphernalia backed by the ethereum blockchain.

Let us review MANA price

MANA Price Prediction

MANA is currently trading close to the resistance at $0.9118. If this resistance breaks, we could start seeing a move towards $1.0528, $1.2503 and $1.5296. Failure to break the resistance at $0.9118 could lead to a drop towards $0.6889, $0.6382 and $0.5789.

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Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinons relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

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