The characteristics of MANA, LAND, and Estate are defined by three smart contracts: the MANAtoken contract, the LANDregistry contract, and the EstateRegistry contract. Decentraland cryptocurrency According to Decentraland, unclaimed land can be bought at the same exchange rate (1,000 MANA = 1 LAND). Property owners can trade at different prices on a secondary market in the virtual platform. After the purchase of land with MANA tokens, the currency will be ‘burned’ and a new entry in the LAND registry created.
Over the past seven days, besides ETH and stablecoins, these whales have bought no other crypto as heavily as they have MANA. With an average purchase of more than $80,000 of Decentraland, it more than doubles other metaverse tokens they appear to also be interested in with GALA (average purchase of $35,000) and Sandbox (average purchase of $30,000) lagging well behind. How Decentraland Works Create a Bitbuy account to buy and sell crypto on Canada's leading exchange.