Decentraland (MANA) Record: Virtual Land Sells for $215,000

via Decentraland

Decentraland (MANA), the first virtual reality platform owned by its users, has hit a new record for a single LAND purchase.

According to data first highlighted by¬†DCLBlogger, a 126-parcel piece of LAND was just purchased for 2.7 million MANA ($215,000) by an unidentified individual or organization. The purchase was made via the project’s built-in marketplace that allows users to buy and sell parcels of LAND with MANA.

LAND parcels, which are non-fungible digital assets maintained in an Ethereum smart contract, can be used for anything from online businesses to games and resorts. Users can access the 3D world with a VR headset or simply via web browser.

We previously reported that a separate user closed a 40-parcel purchase in Genesis City for 1.3 million MANA ‚ÄĒ worth roughly $95,000 at the time.

MANA is currently trading for $0.0765, giving the project an $80.41 million market cap and making it the 65th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Decentraland Marketplace
Similar:¬†Decentraland (MANA) Announces Exclusive Blockchain VR Game ‚ÄėChainbreakers‚Äô

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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