Decentraland platform is an opportunity to share in a virtual reality community where the realistic moments of everyday life have been converted into digital paradigms. Here, owners of the token take part in a truly democratic governance and ownership over the properties of this digital world. The Mana cryptocurrency is meant to be a unit of transactional data between the members of the community.
On this platform, the users can buy virtual lands using the Mana tokens, create different virtual contents and applications and also create monetary value out of them. The project is built on the Ethereum blockchain and uses the resources of the network to compute data across different nodes.
Decentraland investment concept started in 2015 as a 2D model of the current algorithm but has grown to something much bigger and more stable, however, their roadmap reveals much more is to be expected down the development tunnel.
Decentraland is an Ethereum based token and is a popular coin traded across many exchanges. There are about 20 exchanges where the coin is being traded with a combined trade market of over 38. The trades are paired majorly with BTC, ETH, and USDT; other currency pairs with lesser popularity across the exchange include BNT, WETH, LA and USD. However, for the sake of convenience and liquidity, you might want to choose to buy MANA with BTC or ETH as they both have the larger volumes of trades.
To buy Decentraland tokens – Mana, you would have to buy BTC or any of the other alt pair first and send to the exchange (or buy from the exchange directly), if you don’t already have the asset.
You can store using any of the compatible wallets such as myetherwallet, or any other third party wallet. More so, it would seem safest to store your coins off the exchange if you would not be using the coin as a trading asset.