What Is Decentraland (MANA)?

Decentraland (MANA)

Project Name: Decentraland

Token Name: MANA

Introduction to the Project

Powered by the Ethereum blockchain, virtual reality is a decentralized platform of 90601 virtual parcels that allows its users to create, modify and experience content, applications, as well as make money. In this virtual world, users will be able to build and open the lands they have purchased.

LAND is a unique digital asset generated as a smart contract on the Ethereum blockchain in ERC721 format. LAND can be bought and sold with MANA. LAND represents parcels for the Metaverse as in the real world. MANA tokens can be used to pay for avatars, wearables, names, and similar cosmetic virtual assets on the Decentraland market.

MANA generated $24 million in revenue with its ICO in 2017. The project completed in 2019 has opened to the public since 2020. MANA tokens are based on the ERC-20. It is produced by software developers and used to procure various equipment.

Decentraland is among the most important tokens used for the Metaverse project. Metaverse offers great opportunities for users looking for business opportunities and entertainment resources. MANA enables to buy and enhance the avatar equipment or the exchange of non-tradable tokens.


Total Supply: 2,193,770,627

Circulating Supply: 1,840,863,068

Support Links

Official Website: https://decentraland.org/

White Paper: https://decentraland.org/whitepaper.pdf

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