In the cryptocurrency world, guides, trends, and predictions matter. Buying cryptocurrencies is, after all, a major investment, and what works for some might not be appealing enough to others. This is why it is helpful to know all options available to you and choose to invest in a cryptocurrency that can be most beneficial to your goal.
And to help you get started, let’s take a look at one of the top cryptocurrencies to invest in this 2022 – MANA. Mana is a native token of Decentraland, a virtual real estate platform where users can create, explore, and trade. You can buy MANA and use it to purchase digital goods and services, buy and sell land in the virtual world, or send money to family and friends. If you are considering a high-risk and high-reward investment, MANA might be just the right thing for you.
What is Decentraland?
Decentraland is one of the oldest metaverse platforms. It is akin to virtual reality video games, but the difference lies with its capability to own assets. Users can buy everything in Decentraland, from clothes to real estate. When you play the game, you can buy stuff with MANA tokens or coins. And that’s what makes it more real and immersive.
MANA, an altcoin based on Ethereum, is Decentraland’s fungible ERC20 crypto token. It is used to buy digital real estate within Decentraland and trade goods and services hosted within the platform. The real estate within the platform is called LAND, and you can spend MANA to exchange for LAND parcels.
Decentraland also makes use of unique and tradable non-fungible tokens (NFTs). In this platform, each plot of land is represented by an NFT. And this is what makes Decentraland attractive and enticing. Imagine becoming a virtual real estate mogul by purchasing cheap land NFTs and selling them for profit. Plus, you can increase the value of your land by adding fun activities or artwork.
What’s good about Decentraland is that it is much easier to start playing and exploring than its competitors. It is free to play and can run from multiple computers. And if you wish to improve your gaming experience by buying land, art, and other character accessories, you’ll need to buy MANA. And once you bought MANA, you can check out the list of NFT items available on Decentraland’s marketplace, such as basic parkour pass, CyberRonin Jacket, Gecko Hat, and more.
But how do you get or buy MANA? Keep reading to know how to buy it.
How to buy MANA?
First, you have to choose a safe and secure crypto exchange where you will create an account. You have several choices, but be sure to select a crypto exchange that has a safe platform architecture and one that guarantees property safety.
Next is to deposit funds into your account. Here, you need to link your bank account, credit card, or debit card to buy MANA coins. Once you log into your crypto exchange account, you can start buying MANA safely. Be sure to review the details of your transaction before completing it.
And after you buy Decentraland MANA, get yourself a crypto wallet and use your chosen crypto exchange platform to transfer MANA to your wallet.
Conclusion
As virtual reality is expected to grow in 2022, Decentraland will be a good opportunity for investors who want to establish an early presence on the metaverse.
