What is the purpose of this currency if decentraland already has manna?
$MVT is a utility token that represents ownership and governance rights of The Movement and all projects related to it. It is completely decentralized and not controlled by any company or third-party entity. $MANA is the native currency of Decentraland.
BTC, ETH, MANA, and MVT all serve their own purpose within Decentraland, Greenpoint, and BitcoinVR -- community for peer-to-peer exchange of both coins and ideas in the virtual world.