Decentraland NFT Overview
Decentraland is a three-dimensional virtual world, also known as a metaverse, that was created in 2017 by Ari Meilich and Esteban Ordano. Users in Decentraland can play games in the metaverse, create buy and sell digital real estate, and interact with others users. In Decentraland users get to walk around as their own avatar, that they can customize with the merchandise they make and or purchase. With their avatar, they are able to explore the Decentraland metaverse and partake in the previously mentioned activities.
The platform also has its own cryptocurrency named $MANA that can be bought and sold on exchanges such as Coinbase and Binance. The total supply of $MANA exceeds over 2 billion coins.
Decentraland is controlled by their DAO, a decentralized autonomous organization, where users can vote on the future plans for Decentraland. The DAO is said to own a "...substantial purse of $MANA..." according to the project's official website, which helps assure the DAO will always act in the best interest of Decentraland.