2. 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.
3. 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.
4. 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.
5. 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.
6. 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.