Buy Decentraland

Decentraland is a virtual world, also known as a metaverse, powered by blockchain technology. In this interactive digital world, users can buy, sell, and develop land. Decentraland is built on the Ethereum blockchain and allows users to interact with other participants.

Decentraland users have the freedom to create all sorts of structures and applications on their plots of land. From simple constructions to complex art galleries, music venues, businesses and interactive games. The digital world of Decentraland is not just a game, but also a place where users can earn money.

The pieces of virtual land in Decentraland are called LAND and are non-fungible tokens (NFTs). This makes each piece of land unique and owned by a user. By allowing users to easily trade LAND, Decentraland has created a unique economy where users can buy, sell, and trade virtual real estate.

MANA is Decentraland’s core token, allowing users to purchase LAND and other digital goods and services within the platform. In addition to MANA and LAND, you’ll also find Estate tokens within the Decentraland ecosystem. These are bundles of adjacent pieces of LAND.

What is the metaverse?

A metaverse is a virtual three-dimensional world where users can represent themselves using avatars. A key feature of the metaverse is that multiple users can access the virtual world simultaneously, allowing communication and interaction between users.

Who founded Decentraland?

Decentraland was founded by Ari Meilich and Esteban Ordano, both boasting experience with blockchain technology before Decentraland. The project is currently managed by the Decentraland Foundation. The team behind Decentraland consists of several experts with experience in blockchain, software development, design, and marketing.

Decentraland is a metaverse where users can perform various tasks and quests. You can use Decentraland for:

• Virtual land ownership: By purchasing LAND, you gain full control over what you develop on the virtual piece of land. LAND can be easily bought, sold and traded on the Decentraland marketplace.
• Content creation: On LAND you can create content yourself, such as 3D buildings, interactive games, software or art. This can increase the value of the LAND token and creates a new economy.
• Social interaction between users: You can meet and interact with other users during social events in Decentraland, such as concerts and art exhibitions.
• Earning money: As a content creator, you have the opportunity to increase the value of your land by creating unique applications and structures.

Decentraland runs on the Ethereum blockchain and uses smart contracts as the basis for its digital economy. Smart contracts are used to manage, transfer, and use virtual pieces of land.

The virtual land plots in Decentraland are stored on the Ethereum blockchain as non-fungible tokens (NFTs). Each plot of land has a fixed size of 16 by 16 meters and is located in a specific location in the virtual world. In a special marketplace, users can buy and sell LAND with MANA tokens.

Since LAND tokens use the ERC-721 protocol, users can also store complex code in the tokens. With the help of the Decentraland SDK (Software Development Kit), users can develop their virtual land. The SDK offers a range of tools, such as a code editor, scripting engine and a library of 3D assets for styling. In addition, the SDK supports various APIs that allow developers to connect their applications to other platforms and services.

Because developers have many options when developing LAND, there are many applications within Decentraland, such as games that users can play together, art galleries, concert halls, educational buildings and sporting events.

In Decentraland, three tokens play an important role: MANA, LAND and Estate. MANA is the digital currency of Decentraland and is used to purchase goods and services within the platform. It is an ERC-20 token that acts as the basis of Decentraland's digital economy and is also used for governance purposes.

MANA holders can wrap their tokens to vote on important developments, giving them a say in the future of Decentraland. There are a maximum of 2.19 billion MANA tokens available.

LAND tokens represent ownership of virtual pieces of land in Decentraland. They are ERC-721 tokens and therefore NFTs, meaning that each piece of LAND is unique. There are a maximum of 10 million LAND tokens available.

Estate tokens bundle multiple adjacent LAND tokens. This allows users to form and control larger, contiguous areas. There is no maximum supply of Estate tokens.

Decentraland differs from most other crypto and blockchain projects in several features:

• Ownership on the blockchain: Since Decentraland runs on the blockchain, users have full control and ownership over their assets.
• Creative freedom: Users have almost unlimited freedom to develop their LAND as they see fit, ranging from simple structures to complex applications such as games and software protocols.
• Native economy: Decentraland has created its own economy that allows users to earn money through trading, content creation, and service provision.
• Metaverse on the Blockchain: Decentraland was one of the first projects to gain fame by bringing the concept of the metaverse to the blockchain.

Decentraland and The Sandbox are both pioneers in the blockchain metaverse. They share many similarities, such as using NFTs for land ownership and creating a digital economy, but there are also differences.

Decentraland focuses more on a broad, open-source virtual world with a range of applications. This includes digital events, content creation, building structures, communication and interaction, or developing games. The Sandbox, on the other hand, focuses mainly on play-to-earn (P2E) and allows users to create games, animations and 3D content. The goal is to enrich the gaming experience on the blockchain.

The fundamental differences between Decentraland and The Sandbox therefore also determine the experiences and possibilities that users have on both platforms.

Decentraland can be bought at Bitvavo, where both beginners and experienced traders can buy MANA. Follow these steps to buy Decentraland on our platform:

1. Register or log in to your Bitvavo account.
2. Deposit euros into your account using the "Deposit" option.
3. Navigate to the Decentraland purchase page.
4. Determine the Euro amount or the number of MANA you want to purchase and confirm with "Buy".

The current MANA price determines how expensive MANA coins are. After purchase, your Decentraland tokens are automatically available in your Bitvavo wallet where you can easily manage or sell them. This allows traders to quickly respond to price changes.

You can store Decentraland safely in your Bitvavo wallet, where we manage the majority of cryptocurrencies offline in secure cold wallets. Activating two-factor authentication (2FA) provides an extra layer of security for your account.

If you wish to store your MANA tokens in an external wallet, most software and hardware wallets support storing Decentraland coins. Purchase MANA via Bitvavo and send it to your personal wallet by adding the address to your account.