Decentraland is a virtual reality platform providing users with a digital space to create, experience, and monetise content and applications. The platform allows users to buy plots of land using LAND NFTs that they can later customise, build upon and monetise.
One of the first Metaverse-centred cryptocurrencies, Decentraland allows users to engage in interactive experiences and interact with one another in real time. Built on the Ethereum blockchain, MANA is an ERC-20 token while the LAND parcels use the ERC-721 token standard.
Ariel Meilich and Esteban Ordano founded Decentraland and underwent a successful ICO in 2017, followed by a beta launch in 2019, before officially launching in 2020.
Trade Bitcoin, Ethereum and a wide range of cryptocurrencies with confidence knowing that your coins are safe in an exchange where they've been backed by top-notch security features like 2FA authentication and bank-level encryption.
Deposit funds safely and for free directly to your unique Tap account by bank transfer. You can then use these funds to purchase MANA or any other coin or token with a click on the Tap app.
You can purchase Decentraland directly with your debit card on the Tap app in one smooth process. Deposit funds absolutely free of charge, then purchase your MANA for the best price currently available on the market.
Tap offers the ability to deposit multiple cryptocurrencies which you can then trade for Decentraland at some of the market's greatest rates, making it ideal for traders who want to be on the same page.
Be at ease onboarding cryptocurrencies knowing you're using a fully regulated provider. Tap offers cutting-edge technology, token features and top security processes enabling biometric login and backend encryption and excellent customer support. You can rest assured that your funds, private data and account are secure at all times.
Tap mobile app is the solution to all your cryptocurrency problems, from where can you buy MANA tokens to how to store Decentraland. Become a savvy investor with Tap today.
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Trading with Tap automatically gives you access to the platform's smart engine which finds you the top available price on the market in real-time. By scanning top exchanges and order books, the technology is able to sift through tons of data in order to pair you with the best market price.
Start investing in Decentraland today and get started with as little as $10/€10. Purchasing Decentraland has never been this easy making it an ideal tool for everyone from beginner to seasoned trader. Trade on the go, manage your wealth and join our ever-growing community of users in building a better financial future with Tap.
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Frequently Asked Questions
The coin native to the Decentraland network is called MANA. Decentraland, the virtual reality platform powered by MANA, allows users to create, experience, and monetize content and applications in the platform's Metaverse, play games, and engage in the Decentraland marketplace. Due to the nature of the platform and native tokens, Decentraland is the first-ever virtual world owned by its users. In order for Decentraland users to engage in the platform and virtual real estate, they will need to hold MANA.
You can buy the MANA token (the Decentraland coin) directly through Tap. All you need to do is create an account, complete the KYC process, and load funds onto your account. You can then locate the crypto wallet on the home page and easily purchase MANA tokens and store them in your integrated digital wallet. Using their fiat currency bank account or debit card, users can easily deposit cash in their Cash wallet which can be used when buying MANA tokens.
Within Decentraland, users can also trade land tokens which are NFTs representing digital land. These are created to track real estate parcels, facilitated by the in game currency, MANA. The entire system is run using decentralized infrastructure and smart contracts, ensuring fair and transparent organization.
Also known as a metaverse, a shared virtual world involves users interacting in a simulated, computer-based online community environment. While each virtual world might differ from one another, Decentraland allows users to buy virtual land, and engage in digital art, while also playing games and allowing users to live and engage in the virtual space. These virtual worlds are designed to entertain people and create an alternative reality.
Due to changing prices in the crypto industry, you will need to check the price in real-time when looking at buying MANA token. While available on many crypto trading platforms, you can simply open your Tap app, locate the crypto wallet and select the Decentraland option, the price will then be displayed.
While this number will gradually increase over time, the current total number of MANA coins in circulation is 1.8 billion. The maximum MANA tokens created is 2.1 billion, meaning that the MANA supply will never exceed this limit.
While some might see the Decentraland price as an easy entry into the virtual worlds market, when looking to trade virtual assets one must note that it is still considered risky. We encourage all traders to do their due diligence to ensure that they are making a good investment or seek investment advice as needed. If you're looking to play games or become a virtual real estate agent, the Decentraland marketplace is filled with plenty of entertainment. Ensure that you understand what a virtual world entails before entering the decentralized world.
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