Buy Decentraland MANA
What is Decentraland (MANA)?
MANA is the native cryptocurrency of Decentraland, a decentralised virtual reality platform where users can create, explore, and trade digital assets. It powers the Decentraland economy, allowing transactions for land, goods, and services while enabling governance participation.
How does Decentraland (MANA) work?
MANA operates on the Ethereum blockchain and uses smart contracts to manage ownership of virtual land and assets. With its deflationary model, MANA is burned during transactions, increasing scarcity. It also enables users to vote on platform decisions, fostering a decentralised governance system.
What are the potential use cases for Decentraland (MANA)?
- Virtual Real Estate: Buying and selling virtual land parcels as NFTs.
- Digital Experiences: Monetising creations like games, galleries, and events.
- Governance: Participating in community decisions through voting.
- Industries: Gaming, virtual reality, and digital art benefit from Decentraland's ecosystem.
What is the history of Decentraland (MANA)?
Decentraland was launched in 2017 by Esteban Ordano and Ariel Meilich, raising over $24 million during its ICO. The platform went live in 2020, offering a decentralised marketplace for virtual real estate and digital experiences, establishing itself as a leading player in the metaverse space.
Similar Coins
SAND
HIGH
CEEK
UFO
AURY
OVR
STARL
DVI
RST
DFL
SPH
MIST
ARCONA
MILK
KLO
GAME
EDDA
ETHV
KTO
Frequently Asked Questions (FAQs)
What is the current price of Decentraland (MANA)?
The Decentraland price is $0.89311377 AUD, representing a -7.26% from the day prior.
Where is the best place to buy Decentraland (MANA) in Australia?
The best place to buy Decentraland (MANA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Decentraland (MANA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Decentraland (MANA)?
The trading volume of Decentraland (MANA) is $496.0M AUD in the last 24hrs, representing a -7.26% from the day prior.
How can I buy Decentraland (MANA)?
Decentraland (MANA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Decentraland (MANA)?
The current market cap of Decentraland (MANA) is $1.7B AUD.
Can I convert Decentraland (MANA) to cash?
Yes - With Coinstash you can convert your Decentraland (MANA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Decentraland (MANA) are there?
The current circulating supply of Decentraland (MANA) is 1.9B.
Is Coinstash a safe place to buy Decentraland (MANA) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Decentraland (MANA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.