The world is transforming at a very rapid pace and this also includes the way we use the internet in our daily lives.
Although the word metaverse isn’t new in recent years as it was first mentioned in Neil Stevenson’s 1982 novel “Snow Crash”, it has seen a great interest in its groundbreaking potential. The metaverse has observed such a very high level of influx of new funding during the past year that even the most popular social network in the world has instinctively rebranded itself to capitalize on the prospective possibilities.
Subsequently, this growing interest in online virtual worlds which synergize and adapt an array of developments including 3D avatars, virtual reality (VR), augmented reality (AR), Non-fungible Tokens (NFT) Artworks, and other attributes have gradually transformed into metaverse platforms of which Decentraland is observed to be one of the most notable projects.
What is Decentraland (MANA)
Decentraland is a decentralized VR (virtual reality) world that is powered by the Ethereum blockchain.
The associated development of the Ethereum blockchain has proven that it is more than just a blockchain platform for smart contracts alone, rather it has given rise to other decentralized platforms like Decentralized Finance platforms (DeFi), Decentralized exchanges (DEX), non-fungible tokens (NFTs), and GameFi platforms, among others.
The beautiful experience in this virtual world of Decentraland is your ability to purchase land, build it, monetize it, immerse yourself into the applications, and engage with the content built by other users.
It is literally a whole new world of experiences that immerses the users and participants in a similitude of real-life ownership of the real estate in a world of virtual reality.
However, one of the most fascinating characteristics that distinguish Decentraland from other VR projects is the fact that it gives users the ability to onboard the platform in a decentralized way using the Ethereum network.
This seamlessly makes investing on the platform by the purchase and sales of the virtual lands and properties on the platform possible without third-party intervention.
MANA has a market capitalization of over $2.5 billion, and it is ranked number 36 in the total available coins on Coinmarketcap and ranked number 45 on Coingecko respectively.
|Trading price||$1.01 per MANA|
|Features in||Top 45 crypto projects|
|Trading volume (24 hours)||Over $442.087 million|
|Market cap||Over $2.515 billion|
|All-time high||$5.85 per MANA (25 November 2021)|
|All-time low||$0.00923 per MANA (31 October 2017)|
What is the MANA token?
MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain.
This also serves as an in-game currency that enables users to use MANA to purchase LAND and also pay for goods and services in Decentraland.
MANA tokens can be purchased from various centralized exchanges, decentralized exchanges, and swap services.
Due to the compatibility of MANA with various ERC-20 wallet platforms, individuals or users can store the MANA token comfortably on Ethereum-compatible wallets such as the Klever wallet.
Trade it on Klever Exchange
The Klever Exchange is obviously one of the best exchanges to trade DECENTRALAND (MANA) now, such that users with a Klever Exchange account would simply log in using all our secured protocols to ensure the safety of the user funds.
Alternatively, if the user is new to the Klever Exchange, they can easily create their own accounts and have access to the Klever trading platform.
The user can simply fund their exchange accounts by transferring crypto (USDT) to the exchange account.
You can take the following steps:
- First deposit USDT to your Klever Exchange account.
You can deposit funds with QR Code or copy the address
- After sending USDT to the address, the funds will be deposited and transactions confirmed on the blockchain.
- Once you have USDT in your account, it is possible to trade or exchange it for MANA within the Klever Exchange.
MANA/USDT Trade Pair in Klever Exchange
There are other market pairs within the Klever Exchange that give our users the opportunity to trade MANA seamlessly. The other pairs available on the Klever exchange include the following: MANA/KLV and MANA/ETH.
Klever Wallet also enables users to purchase DECENTRALAND (MANA) by using credit & debit cards through our integrated payment gateway partners: Simplex.com, Banxa, Moonpay, and Mercuryo.
The Klever team ensures that the trading experience for crypto traders is made simple and less complicated using the best technology in a Klever way.