Decentraland Sees A 2.7 Million MANA Token Transaction For Sell of Virtual Land for $215,000

Virtual Land Sold For a Record $215,000 on Decentraland

A virtual piece of land on the Decentraland blockchain-based virtual reality platform has been sold for a whopping $215,200. This is according to a tweet by DCLBlogger which also noted that this sale was the platform’s record high.

Precisely, the anonymous buyer acquired a 126-piece land at 2,772,000 MANA (the native token of Decentraland), which is equivalent to $215,204 at the prevailing exchange rates. The transaction was conducted over the platform. The platform has a trading area that enables users carry out transactions involving land parcels using the MANA token.

The Decentraland virtual reality platform is made of several pixels, each of which represents a 100 square matters of land in virtual reality. Essentially, the land parcels are tradable non-fungible tokens built on Ethereum smart contracts. This means that the land parcels can be utilized for a variety of purposes, including the development of VR games, business, holiday destinations and many more. To access the virtual world, users need their web browser of a VR headset.

As previously reported on Sludgefeed, another user had bought a 40-piece land using 1.3 million MANA which was equivalent to $95,000. As of now, a single MANA token goes for $0.077. The AltDex 100 Index ranks the cryptocurrency at 65th.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide