Decentraland (MANA)

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Decentraland is a platform for developing and launching virtual reality dapps. MANA is its native cryptocurrency based on ERC-20 Tokens.

Decentraland provides a platform for users to create decentralized virtual businesses. MANA are used initially to buy space in Decentraland and then to pay for goods and services to support a business in, for example, virtual entertainment built on the purchased virtual space.[1]

As of October 4, 2019, MANA was trading at $.03 and, with more than a billion MANA outstanding had a market capitalization of $32 million, according to CoinMarket Cap, an online cryptocurrency data aggregator and reporting service.[2]

References