Crypto ➢

$MANA

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$MANA is Decentraland’s cryptocurrency. Its purpose is to allow users of Decentraland to purchase and sell land, goods and services from and to other users. It is a fungible, Ethereum-based, ERC20 token limited to a total original supply of 2,805,886,393.
$MANA is also a governance token which, along with LAND and NAME tokens, grants users the right to join the DAO and vote on key policies (e.g. land policies and auctions, clothing/moderation policies, grants), based on the size of their holding.
$MANA can either be purchased directly or earned by selling digital goods and services in the game’s dedicated marketplace. $MANA also runs on the Polygon sidechain so that users can claim, buy, sell, and trade wearables with no transaction fees.

What are $MANA tokens used for?

  • Claiming LAND: MANA is burned to acquire LAND parcels.
  • In-World Purchases: Used to buy virtual goods and services.
  • Marketplace Transactions: Facilitates the trade of items and experiences.
  • Economic Incentives: Rewards developers and content creators.
  • Secondary Market Value: Provides liquidity and value in a secondary market for LAND based on location and traffic.

How to acquire $MANA tokens?

  • Community Events: Developers, creators and users may earn MANA through community events including contests held by the Decentraland Foundation.
  • In-Game Rewards: MANA may be earned in some of the Decentraland’s games (e.g. <a href=”https://wondermine.wonderzone.io/”>WonderMine</a>)
  • In-World Sales: MANA can be earned by selling virtual goods, services, or LAND in the Decentraland marketplace.
  • Initial Distribution: Some MANA may be distributed to new users as allowances to stimulate the economy.
  • Purchase on Exchanges: MANA can be bought on cryptocurrency exchanges.
Disclaimer: The above information has been gathered from the coin's whitepaper and other official sources, such as social media channels. Some features may be planned but may never be implemented. Web3gamer doesn't recommend buying cryptocurrencies except for gaming purposes and within your usual gaming budget.

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