Decentraland is a cryptocurrency based on the Ethereum(ETH) (ERC-20) blockchain platform for all who want to purchase, monetize and build virtual reality applications MANA tokens. It's a virtual reality platform. This platform is entirely owned by USERS only. There are mainly two types of tokens that control Decentraland.

LAND
MANA

Decentraland is a virtual reality where any user can develop, buy and sell LAND. It is considered as ERC-721 non-fungible (NFT) and represents the virtual ownership of land under decentraland. On the other hand, MANA is called the ERC-20, a fungible token and the digital asset token used to purchase services and goods in Decentraland.

The Decentraland was founded under the people Esteban Ordano and Ariel Meilich in 2015. Initially, it came in 2017 in an ICO(Initial Coin Offering) and made $26 million. It is around 20% of the initial token supply.


<h3>How does Decentraland work?</h3>

The Decentraland application, an Ethereum blockchain used to track ownership on digital land, held MANA tokens within the Ethereum wallet to interact with the ecosystem. Moreover, the developer can utilize their own free time to make any designing animated stuff on the Decentealand platform.

The architecture of Decentraland (MANA). There are many layered components in Decentraland that have been built under that platform of Ethereum. Layers are used to maintain a ledger that takes the parcel control. Every parcel of LAND has its coordinates in the virtual world.

The work of layers controls what is happening within the parcel and provides the wanted file to render content, script, and interaction definitions.&nbsp;

Among these functionalities of gaming, drag-and-drop editor for user flexibility. Also, members can control exchanges in LAND tokens and price in MANA. Owners can use this facility to transfer unique names and transfer parcels.&nbsp;

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<h3>How Many Decentraland (MANA) Are There in Circulation?</h3>

The current rank has been changing daily, but it stays between #80 to #90 on the Coin MarketCap. The current supply of Decentraland is more than 1 billion (1,574,504,749 MANA coins), and the current market cap is $585,968,059 ($500 million), and it&#39;s increasing day by day. Generally, a one-day (24 hours) trading volume is more than 400 million USD.

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<h3>Where can I buy Decentraland (MANA)?</h3>

You can buy MANA from well-known exchanges like Binance, OKEx, Bitso, Kraken, Upbit with your Fiat currency, or Bitcoin (BTC), Ethereum (ETH), and other valuable cryptocurrencies.&nbsp;&nbsp;

You can store it in a digital wallet. MANA is an ERC-20 token, so you have many wallets to store your coins. You can store it in any top-rated wallet like Trezor, MyEtherWallet, and Ledger Nano S and keep your fund safe and secure from hackers.

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