Daily Decentraland (MANA) market cap history up to May 28, 2024
The market cap from NFT multiverse Decentraland was worth between 800 million and 1.4 billion U.S. dollars in September 2021 alone. Originally developed in Argentina, the 3D virtual reality platform is built on top of the Ethereum blockchain and combined elements of a marketplace, an online video game, and cryptocurrencies. In the game, people explore and build like Minecraft but some of the players own parts of the game world or its real estate - called LAND - which can be bought or sold using the game's cryptocurrency - called MANA - in the in-game marketplace, along with wearables and other in-game clothing for the players' digital characters. Similar to NFT game Alien Worlds, ownership of LAND gives players a say on what will happen on their plots - as visitors and brands add value to LAND. In way, Decentraland resembles property development.