What is Decentraland Mana?
Decentraland is the first and so far largest multiplayer role-playing game metaverse (Metaverse) on the Ethereum blockchain. The concept: Players can freely explore the blockchain-based world of Decentraland, exchange ideas with other gamers and, most importantly, buy virtual properties and fill them with content.
Blockchain, gaming, plus NFTs, and virtual land ownership - all of these ingredients (and more) add up to the “metaverse”. It is true that it has not yet been precisely defined what it is all about. However, the term has already developed a certain radiance.
This can now also be seen on Facebook, its renaming to Meta and the announced focus on the “Metaverse”. Could Decentraland (MANA) also benefit from this in the long term? More on that below.
MANA is currently trading at 5,70$ and appears well positioned to continue to move higher.
The aspiring analyst "BigTrussTrades" adds:
MANA will rise sharply with this [Facebook] name change in META MRVS. The king of the Metaverse is Decentraland. Don't think that in the end Facebook won't work with them or be affiliated with them in any way.
With the Facebook name change, the cryptocurrency will continue to grow. Mana is not a game crypto but has a fixed plan and strategy. By the end of the year, the price could be 7$.