Decentraland MANA
1. Summary
- Price
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$0.49 +10.5%
- Market Cap
- $913.01M (#110)
- Supply
- 1.87B / 2.19B
- Description
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Decentralized is this crypto-based virtual world that uses its own cryptocurrency known as MANA to allow you to purchase outfits, virtual scenes, or even land parcels in-game. The Decentraland world is huge, and it’s a showcase of how Non-Fungible Tokens can be implemented.
Decentralized is this crypto-based virtual world that uses its own cryptocurrency known as MANA to allow you to purchase outfits, virtual scenes, or even land parcels in-game. The Decentraland world is huge, and it’s a showcase of how Non-Fungible Tokens can be implemented.
This is essentially a 3D world built on blockchain which is governed by a decentralized autonomous organization (DAO) and lets you explore and build in an open world, while also having the ability to socialize. The unique aspect of this game is the fact that it is split up into units of LAND, which are its NFTs.
The MANA Token Explained
Through the usage of the MANA token, you can purchase in-game items, LAND, and other customizable items. It is built on Ethereum with the ERC20 standard for tokens, and can be bought or sold for FIAT currency alongside any other cryptocurrency, and can be stored in a cryptocurrency wallet.
Features of Decentraland
Discussing the LAND of Decentraland, each LAND parcel is 16x16 meters in size and is represented by an NFT (Non-Fungible Token). This can essentially be seen as a unit of data on the blockchain itself that is unique and not interchangeable. Keep in mind that the total number of parcels is capped at 90,000, and the developers of the project own the common spaces, which cannot be bought or sold by users. However, this scarcity is one of the main drivers of value in LAND.
When it comes to making changes to Decentraland, they are enacted through a collection of blockchain-based smart contracts. These allow participants that own MANA to vote on the policy updates, land auctions as well as new developments.
The consensus layer maintains a ledger that tracks the ownership of each land parcel, and each LAND has a unique coordinate on this virtual world, where an owner and a reference to a description file that represents the content is within the parcel.
This includes various files that are required to render each parcel, such as content files, with reference to all of the static audio as well as visuals, script files, that define the placement as well as the behavior of the referenced content, as well as the interaction definition which works through a peer-to-peer network to allow for interactions such as gesturing, voice chat and messaging.
Founders of Decentraland (MANA)
Discussing the founders of Decentraland, it actually has two of them.
First, we have Ariel Meilich, and then we have Esteban Ordano. Both of them have stepped down from major positions surrounding the project, however, they work alongside the project as advisors.
The unique aspect about Ariel Meilich is the fact that he worked as a project lead on Decentraland between 2017 to 2020, and he has also founded several other startups.
The unique aspect about Esteban Ordano is the fact that he worked as a former teacher lead at Decentraland, and has a long history in the cryptocurrency space. In fact, he worked as a software engineer at BitPay, Inc, and was actually an advisor to the Matic Network. He also co-founded Zeppelin solutions.
| Price | |
| 52W High price | $0.78 |
| 52W High date | 12th Mar 2024 (9 months ago) |
| All Time High (ATH) Date | 25th Nov 2021 (3 years ago) |
| ATH Price | $5.85 |
| % From ATH | -94.84% |
| All Time Low (ATL) Date | 31st Oct 2017 (7 years ago) |
| ATL Price | $0.009236810000 |
| % From ATL | 3169.56% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $189.78M |
| Total Supply | 2.19B |
| Max Supply | 2.19B |
| Circulating Supply | 1.87B |
MANA
How does Decentraland's (MANA) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-1.1%
MANA
-2.8%
Similar Market Cap
60 Day Return
12.9%
MANA
-5.5%
Similar Market Cap
1 Year Return
-19.9%
MANA
-14.7%
Similar Market Cap
We're monitoring 434 Decentraland GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Decentraland Repos)
Commits vs. The Market
- Past 4 weeks: 9 commits vs. an average of 1
- Past 12 weeks: 19 commits vs. an average of 7
- Past year: 307 commits vs. an average of 104
Most Active Repos
| Past week | 38 |
|---|---|
| Past 12 weeks | 124 |
| Past year | 873 |
| Past week | 55 |
|---|---|
| Past 12 weeks | 166 |
| Past year | 830 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 26 |
| Past year | 681 |
| Past week | 23 |
|---|---|
| Past 12 weeks | 115 |
| Past year | 461 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 5 |
| Past year | 356 |
| Past week | 16 |
|---|---|
| Past 12 weeks | 150 |
| Past year | 310 |
Top Developers 2024
In total, 1511 developers have contributed to Decentraland over the past year. Who are the most active Decentraland developers, by commits, over the past year?
Related Projects
Developers working on Decentraland also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 86,059 |
|---|---|
| Active Reddit Users (past 24h) | 26 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 607,839 |
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decentraland.org/marketplace/contracts/0x5ec215086b841d33f78c4e05744ac56d72a410e7/items/0 Official
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events.decentraland.org/event/?id=d4db945b-c8f6-4ff5-a7c7-557fdf673d39 Official
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events.decentraland.org/event/?id=71b803ba-91fd-4e60-b377-9c4d2e394eb9 Official
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events.decentraland.org/event/?id=71b803ba-91fd-4e60-b377-9c4d2e394eb9 Official
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decentraland.org/play/?position=110%2C-23&realm=loki-amber Official
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events.decentraland.org/event/?id=fb5caf67-209c-4cab-8b82-27d50c090c5d Official
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events.decentraland.org/event/?id=fb5caf67-209c-4cab-8b82-27d50c090c5d Official
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decentraland.org/play/?position=105%2C-140 Official
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decentraland.org/play/?position=97%2C-131 Official
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decentraland.org/play/?position=97%2C-131 Official
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decentraland.org/play/?position=97%2C-131 Official
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decentraland.org/play/?position=97%2C-131 Official
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decentraland.org/marketplace/contracts/0x757ceadb8d5ed659e9468bbd6e742ff03b8d3a03/items/0 Official
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decentraland.org/marketplace/contracts/0x757ceadb8d5ed659e9468bbd6e742ff03b8d3a03/items/0 Official
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decentraland.org/marketplace/contracts/0x757ceadb8d5ed659e9468bbd6e742ff03b8d3a03/items/0 Official
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decentraland.org/marketplace/contracts/0x757ceadb8d5ed659e9468bbd6e742ff03b8d3a03/items/0 Official
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decentraland.org/marketplace/contracts/0x757ceadb8d5ed659e9468bbd6e742ff03b8d3a03/items/0 Official
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decentraland.org/marketplace/contracts/0x757ceadb8d5ed659e9468bbd6e742ff03b8d3a03/items/0 Official
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decentraland.org/marketplace/contracts/0x757ceadb8d5ed659e9468bbd6e742ff03b8d3a03/items/0 Official
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decentraland.org/play/?island=I7au&p= Official
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decentraland.org/play/?island=I7au&p= Official
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decentraland.org/play/?island=I7au&p= Official
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decentraland.org/play/?island=I7au&p= Official
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decentraland.org/play/?island=I7au&p= Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://decentraland.org/ |
|---|---|
| Explorer | https://etherscan.io/token/0x0f5d2fb29fb7d3cfee444... |
| @decentraland | |
| /r/decentraland |
What is the correct contract address for Decentraland?
| Ethereum | 0x0f5d2fb29fb7d3cfee444a200298f468908cc942 |
|---|---|
| Polygon-pos | 0xa1c57f48f0deb89f569dfbe6e2b7f46d33606fd4 |
Has Decentraland been audited for security?
No security audits found for this project.
Are you the owner of Decentraland? Edit it here
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