Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.

Decentraland is built for content creators, businesses and individuals that are looking for a new artistic medium, business opportunity, or source of entertainment.

Besides being a creative outlet, many Decentraland users currently monetize their LAND through leasing, advertising and paid experiences. Likewise, other users generate an income by creating and selling items on the Decentraland marketplace for MANA tokens.

The current CoinMarketCap ranking is #32, with a live market cap of $1,692,125,941 USD. It has a circulating supply of 1,849,216,541 MANA coins and the max. supply is not available.

If you would like to know where to buy Decentraland at the current rate, the top cryptocurrency exchanges for trading in Decentraland stock are currently Binance, OKX, Huobi, Bybit, and Coinbase.