Decentraland crypto

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The current circulating supply of Decentraland is 1.86 Billion tokens, and the maximum supply of Decentraland is 2.19 Billions. Top Cryptocurrencies and Crypto Exchanges Decentraland (MANA) is a decentralized 3D virtual reality platform powered by the Ethereum blockchain where users can create virtual structures such as casinos, art galleries, concert halls and theme parks, and charge other players to visit them.

Amid the hyper-growth of metaverse projects, metaverse-themed tokens have also increased in popularity. For example, MANA soared around 4,800% year-to-date (YTD). How Many Decentraland (MANA) Coins Are There in Circulation? MANA plays a vital role in Decentraland’s virtual world. MANA is used for the purchase of LAND as well as other goods and services within the Decentraland virtual universe, including customising avatars and exploring the metaverse.

Decentraland. “Decentraland White Paper,” Pages 5–6 of PDF. What is Decentraland (MANA)? Lastly, you can hold MANA for speculative purposes in the hopes that the token will rise over time. Some exchanges let you lock up your MANA tokens to earn yet more of them over time, and lots of decentralized protocols offer high yields if you can stomach the risk.