Decentraland MANA Token Review
Apr 18, 2022•Channel
AI Analysis
Data from YouTube Data API v3•Updated Just now
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Video Details
PublishedApr 18, 2022
Duration15:58
Video IDY4K8RCttD_0
Languageen
CategoryEntertainment
PrivacyNot specified
Made for KidsNo
Video TypeRegular Video
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Views535
Likes2
Comments1
Engagement Rate0.56%
Likes per 100 views0.37
Comments per 1K views1.87
Description
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In todays video we are going to review the Decentraland MANA Token Review.
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 was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.
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.
Video Release ID // PR00058