Profit Potential in Decentraland

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Profit Potential in Decentraland
There certainly is upside potential for profit with Decentraland, but the iraq whatsapp number data for investors to be aware of is also equally prevalent. There is simply no telling what today’s new and exciting metaverse projects (and their tokens) will be worth anything in just a few years.

In rare cases, those who bought parcels for $20 back in 2020 can currently sell their land for over $10,000. In most other cases, land bought has not outperformed other traditional investments, or has even lost value over time.

The Biggest Decentraland Success Story
Perhaps the biggest success story from Decentraland is when a plot of virtual land sold for 618,000 MANA, valued at $2.4 million at the time of writing. The land, made up of 116 smaller parcels, was bought by a subsidiary of Tokens.com, undoubtedly making the previous owner very happy with the sale.

The Decentraland In-Game Tokens

Two primary tokens run the Decentraland economy: LAND and MANA. Both are tokens on the Ethereum blockchain. LAND serves as a non-fungible digital asset corresponding to any real estate you own on the platform.