MANA is the native cryptocurrency of Decentraland, a virtual reality platform powered by the Ethereum blockchain. Within Decentraland, MANA is used to purchase virtual land (LAND), as well as goods and services within the metaverse. It plays a crucial role in the platform’s digital economy, enabling users to create, explore, and monetize their virtual experiences.
What is Mana (MANA)?
Discover the key facts about Mana (MANA).
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Looking for more resources?
Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more
What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
