Trading has gone live on Klever Exchange May 18, 2022 at 8 PM (UTC).
What is Decentraland (MANA)?
Decentraland is designed for content creators, businesses, and individuals who seek new artistic mediums, business opportunities, or entertainment. Decentraland (MANA) describes itself as a virtual reality platform that uses Ethereum blockchain technology to enable users to create, experience, and monetize content and applications.
Users purchase plots of land in this virtual world that they can then navigate, build on, and monetize. 2017 saw the launch of Decentraland following a $24 million initial coin offering (ICO). As a result, users have created an array of interactive experiences on their parcels of LAND, including interactive games, sprawling 3D scenes, and more.
The two tokens used by Decentraland are MANA and LAND. MANA is an ERC-20 token that must be burned in order to obtain a non-fungible ERC-721 LAND token. Decentraland Marketplace also accepts MANA tokens for a range of avatars, wearables, names, and other items.
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