Why buy MANA (Decentraland)?
1) You can buy LAND on the virtual world of decentraland with MANA tokens.
2) MANA holders can participate in the governance of Decentraland through the DAO.
3) Marketplaces on decentraland accept MANA tokens in exchange for digital collectibles.
1) Just like how real estate works in the real world, users can buy, sell land, and build on decentraland’s virtual properties. Land is bought as NFTs and the ownership is written using a smart contract. There are also marketplaces where you can buy and own customized accessories.
2) Decentraland is built on the ethereum network and MANA tokens are ERC-20 tokens. These tokens are used for the real estate deals on Decentraland and shop at the marketplaces. A DAO or Decentralized Autonomous Organization governs decisions on decentraland with MANA tokens. It’s the DAO that makes this virtual land truly decentralized.