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If you are a beginner in crypto world and don't know much about the Decentraland (MANA). Explore here All you need to know about Decentraland (MANA).
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All you need to know about Decentraland (MANA) GRAPES DIGITAL PVT. LTD.
Decentraland (MANA): Meaning Decentraland (MANA) is a virtual reality platform which operates under the Ethereum (ETH) blockchain. It allows users to create, experience and monetise content and applications. In this metaverse, users can buy plots of land that they can navigate, build upon and monetise.
Who created Decentraland (MANA)? Its co-founders are Ariel Meilich and Esteban Ordano. Although they both have stepped down from their roles but are actively acting as advisors. Decentralans was launched in 2017 following a US$ 24 mln initial coin offering (ICO), before opening to public users in the year 2020.
Features of MANA coin MANA is created for businesses, content creators, and individuals who seek new artistic mediums, entrepreneurship and ideas. Its game world is divided into 90,601 individual parcels of LAND which are each represented by an NFT. This is what makes Decentraland unique from metaverse cryptos.
Is MANA secure? MANA is based on Ethereum's blockchain which is highly secured by a large decentralized algorithm and network. They are all regulated by miners who work together in thousands of nodes in order to ensure that the blockchain and MANA coins are safe from fraud.
Where can you buy MANA? Various crypto exchanges in India facilitate trading. Some of them may include Coinbase, Binance, and WazirX. Furthermore, MANA can be traded against different cryptos like ethereum, litecoin, and even bitcoin.