Decentraland

MANA

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Decentraland
A blockchain-based virtual reality platform called Decentraland. In a white paper released in March 2017, Decentraland was first introduced. In the virtual realm of Decentraland, users can purchase, develop, and exchange LAND, a non-fungible ERC-721 token that denotes ownership of virtual land. The material that is published on each individual piece of LAND is up to the owner and can be anything from a straightforward static scene to an engaging game. The digital asset token used in Decentraland to pay for products and services is called MANA. It is constructed on Ethereum and adheres to the ERC20 token standard. You can buy and sell MANA for fiat money or other virtual currencies. Similar to the Metaverse described by author Neal Stephenson in his science fiction book Snowcrash or the OASIS described by author Ernest Cline in Ready Player One, Decentraland is a shared virtual world. Users can play games, communicate with each other, and engage in conversation. Users can participate in a variety of in-world economic activities in Decentraland's virtual economy as well as monetise the content and applications they create. It is not governed by a single organization or business, unlike other virtual worlds like Second Life.  The digital asset token used in Decentraland to pay for products and services is called MANA. It is constructed on Ethereum and adheres to the ERC20 token standard. You can buy and sell MANA for fiat money or other virtual currencies.
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