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Decentraland

Decentraland MANA Price $ 0.341

Rank: 121

4093 Watchlists

GameFi

MANA Price

0.341
5.03%
($ 0.0163)
Price Range
LowHigh
$ 0.321$ 0.343

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Funds and Backers

Description

Decentraland is a virtual reality platform powered by the Ethereum blockchain.

Decentraland (MANA) Chart

Decentraland price Index provides the latest MANA price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

MANA to USD Converter

Decentraland (MANA)MANA

ICO

17 Aug — 19 Aug 2017

Raised

$ 27.00M

Price:

$ 0.024

ROI:

14.19x  +1,319%

Platform:

N/A

ATH ROI:

243.42x  +24,242%

MANA Price Statistics

leaderboard

Market Cap

$ 635.05M

Fully diluted value

FDV

$ 747.16M

ATH Market Cap

$ 7.75B

24 Trade Vol.

$ 9.32M


Vol. (24h) / MCap

0.0147

Max Supply

MANA 2,193,179,327

Total Supply

MANA 2,193,179,327

Circulating Supply

MANA 1.86B

(85% of Max Supply)

Listing Date

17 Sep 2017

ICO Price

$ 0.024

19 Aug 2017

ICO ROI

1,319%

14.19x

All Time High

$ 5.84

25 Nov 2021


All Time Low

$ 0.00788

13 Oct 2017


From ATH

94.2%

From ATL

4,222%

What is Decentraland (MANA)?

Decentraland is Ethereum-based metaverse with the aim of encouraging users across the globe to operate a shared virtual world. It was founded in 2017.

Decentraland users can buy and sell digital real estate, while exploring, interacting and playing games within this virtual world. The platform features in-world payments, games for users, and other functions for users to enjoy its virtual content. 

Decentraland has two coins associated with it. MANA is an ERC20 token that powers the platform. MANA can be used to purchase LAND, Decentraland’s other token. LAND is a non-fungible ERC-721 token, owning LAND represents ownership of part of the virtual world itself.

What are MANA key features and how does it work?

The entire ecosystem is governed by the Decentraland community. Users can capitalize on Decentraland’s function as an alternative VR ecosystem and world to buy and sell virtual property and real estate and play games. Users can communicate, control, monetize and develop the Decentraland metaverse to mimic reality in a digital environment. In essence, users can use their land for anything, as long as the network’s features allow it. 

Decentraland has a multi-layered architecture. Each layer has a role in supporting the operations and functions of the VR ecosystem. where users can create and host applications, games, and interactive content.

The first layer is the consensus layer. Here a ledger is kept which records land ownership on the platform. The content layer is next. This layer controls what goes on in each piece of land. The final layer is the real-time layer. This layer facilitates all social interactions within the ecosystem. Users can create avatars, communicate via voice chat and messaging on Decentraland.

What makes Decentraland noteworthy? 

Decentraland value comes from its technical capability and potential. The project’s uniqueness adds more value for Decentraland and its two tokens, LAND (NFT) and MANA.

Decentraland is unique as it is the first decentralized virtual reality system that enables interaction and communication between users and grants ownership over the virtual land in the Decentraland metaverse. As such, Decentraland offers a unique user experience that is dynamic and fast-paced. Users can autonomously develop and fully customize their LAND parcels bought with MANA.

Due to the nature of the platform and its inherent decentralization, users can prove their ownership over LAND at any time. They can also upload numerous apps and games, or add static displays to their parcels.

Beyond Decentraland’s gaming environment, the platform offers a marketplace and access to customization libraries and editors which users can use to build their own scenes in the virtual world.

The marketplace allows participants to manage their LAND tokens. Owners can also use the marketplace to transfer in-game items such as wearables. 

These builder tools mean that land owners can envision and create a unique experience within their LAND parcels.

Where can you buy MANA?

MANA can be bought on any of the CEXs and DEXs as listed here. The price of MANA will vary depending on the exchange and market conditions. 

MANA price data can be viewed in the charts above.

Decentraland Price Today

Decentraland's current price is $ 0.341, it has increased +5.03% over the past 24 hours.

Decentraland's All Time High (ATH) of $ 5.84 was reached on 25 Nov 2021, and is currently -94.2% down.

The current circulating supply of Decentraland is 1.86 Billion tokens, and the maximum supply of Decentraland is 2.19 Billions.

Decentraland’s 24 hour trading volume is $ 9.28 Million.

Decentraland's current share of the entire cryptocurrency market is 0.03%, with a market capitalization of $ 634.83 Million.

You can find more details about Decentraland on its official website and on the block explorer.

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