What is Decentraland?
Powered by Ethereum, Decentraland is a VR platform with a native token named MANA. As this system is Ethereum-based its token is corresponding to all ERC-20 criteria. Members apply MANA in the virtual worlds when they want to get non-fungible items of digital LAND. This platform allows users to build anything they want on the plots of LAND they have purchased. You cannot mine MANA. Also, when you obtain LAND via MANA it’s consumed. In March 2019 the circulating supply of the coin reached 1 billion MANA and the market capitalization reached $53 million.