NFT boom and platform upgrades back Decentraland’s (MANA) 100% rally
Cointelegraph
Published Jan 22, 2021 01:44PM ET
Updated Jan 22, 2021 03:20PM ET
In the past year non-fungible tokens (NFT) have been gaining ground as the digital art market exploded and developers experimented with a variety of use cases. Data from NonFungible shows that over the past 30 days there were 58,400 NFT sales and $12.7 million worth of volume.
In the same time period, MANA, the token behind the blockchain-based virtual world Decentraland, totaled $636,000 in NFT trades. The virtual reality platform is built on Ethereum blockchain and provides a digital landscape where players can explore, interact with other players and purchase landplots along with other items.
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Written By: Cointelegraph
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