MANA/EUR: Convert Decentraland (MANA) to Euro (EUR)

Decentraland (MANA) is a unique virtual reality platform, powered by the Ethereum blockchain, that allows users to create, experience, and monetize content and applications. In this digital universe, users can purchase plots of land, known as LAND, which they can navigate, build upon, and monetize. Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that is used to acquire non-fungible ERC-721 LAND tokens and to pay for a variety of avatars, wearables, names, and more on the Decentraland marketplace. The platform is entirely owned by its users, making it a truly decentralized virtual world.

Decentraland operates on a three-layered protocol built on Ethereum smart contracts. The consensus layer tracks and manages the ownership of LAND. The land content layer displays the content of the Decentraland virtual world. Finally, the real-time layer allows participants to interact with each other. Users can explore the virtual world, purchase plots of land, create works of art, own non-fungible tokens (NFTs), and participate in the platform's decentralized autonomous organization, DecentralandDAO. The platform's currency, MANA, can be used to purchase LAND, in-game items, and services. LAND, on the other hand, is a non-fungible token (NFT) used to track ownership of digital real estate.

Decentraland offers a wide range of potential use cases. It can serve as a platform for content creators, businesses, and individuals looking for a new artistic medium, business opportunity, or source of entertainment. Users can monetize their LAND through leasing, advertising, and paid experiences. They can also generate income by creating and selling items on the Decentraland marketplace for MANA tokens. The platform can host applications, games, and interactive experiences. It can also be used for advertising, digital collectibles, and social gatherings. Furthermore, it can potentially be used for training and professional development, education, therapy, 3D design, and virtual tourism.

Decentraland was co-founded by Ariel Meilich and Esteban Ordano in 2015. It was officially launched a year later and became publicly accessible in February 2020. The platform was initially a 2D experiment but gradually evolved into a full-fledged 3D world. Decentraland was launched following a $24 million initial coin offering (ICO) conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes, and a variety of other interactive experiences.