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Decentraland Price

(MANA)

$0.06965
0.00%(5m)

1m5m15m1h8h1d1W
Decentraland (MANA) Live Price Chart

    Decentraland Live Price Data

    Decentraland is currently trading at 0.06965, with a 24-hour trading volume of --. Over the past hour, the price of Decentraland changed by -2.98%, and over the past week, its value in dropped by -3.58%. The circulating supply of Decentraland is 1.99B MANA, with a market cap of 0 , down -2.98% in the last 24 hours. Decentraland is ranked #152 by market cap.

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    Note: This data is for reference only.
    pk

    MANA(MANA) Profile

    altRank152
    rateBBB
    Expand
    $0.06941
    $0.0721

    ATH
    $5.90231719
    Price Change (1h)
    0.00%
    Price Change (24h)
    -2.98%
    Price Change (7d)
    -3.58%
    Market Cap
    24h Volume
    Circulating Supply
    1.99B
    Max Supply
    2.19B

    About Decentraland

    • What Is Decentraland (MANA) Crypto?

      Decentraland (MANA) is an entirely decentralized virtual world governed by a decentralized autonomous organization (DAO). This digital realm is among the leading metaverses within the cryptocurrency space. Decentraland is built on the Ethereum blockchain and utilizes MANA as its native cryptocurrency.

      In Decentraland, users are provided with a shared virtual world to engage in immersive games, interact with fellow users, and connect with businesses operating within the metaverse. Moreover, Decentraland offers various opportunities for users to generate income through investments. Users can create virtual 3D parcels of land represented as NFTs (Non-Fungible Tokens).

      These virtual landowners can monetize their experience by owning, developing, and expanding their lands into districts. Notably, all transactions within Decentraland require MANA for sending and receiving payments.

      To access Decentraland, users can quickly sign up and play via web browsers on their computers. By linking a digital wallet, users can further monetize their Decentraland experience by holding MANA, buying and selling NFTs representing digital land, and collecting various digital collectibles.

      Decentraland is a prominent leader in the metaverse category within the crypto and blockchain sectors. This blockchain-based virtual world, powered by Ethereum, offers a secure and exciting ecosystem where users can create, experience, play, and earn through diverse content and applications.

    • How Does Decentraland Metaverse Work?

      Decentraland is a user-owned virtual world where individuals can buy, develop, and interact within a decentralized metaverse. It leverages blockchain technology, particularly Ethereum, to provide transparency, security, and a robust platform for virtual experiences. MANA, the native cryptocurrency, facilitates economic transactions and incentivizes user participation in the ecosystem. Here's how Decentraland works:

      Digital Real Estate

      Users in Decentraland can purchase digital real estate known as "LAND." These parcels of virtual land are represented as NFTs, making them unique and tradable assets.

      Land Ownership

      Decentraland maintains a ledger of land ownership through smart contracts on the Ethereum blockchain. This ensures transparent and immutable ownership records.

      Create Experiences on LANDs

      Users have the freedom to create and develop content on their LAND parcels. This content can range from 3D designs and structures to interactive experiences.

      Metaverse Interaction

      Decentraland serves as a metaverse where users can interact with each other and explore the virtual world. This interaction includes attending events, socializing, and participating in various activities.

      Active Virtual Economy

      Users can buy, sell, and trade virtual assets, including LAND, with MANA, creating an active virtual economy.

    • History of Decentraland and MANA Coin

      The 3D virtual reality platform of Decentraland on Ethereum was conceived by co-founders Ariel Meilich and Esteban Ordano. Over time, they transitioned into advisory roles for the project. The initial concept for the platform centered around a proof of concept that showcased blockchain technology's potential for digital real estate ownership, aptly named Decentraland’s Stone Age.

      The journey continued as the team embarked on the Bronze Age phase, commencing in late 2016. It marked a significant advancement from the original 2D offering, introducing a 3D virtual world composed of land parcels.

      The subsequent phase, known as the Iron Age, expanded the Decentraland experience by incorporating social elements. It leveraged land ownership to offer a more content-rich environment. The Iron Age phase also opened the door for creating decentralized applications (dApps) within Decentraland, allowing developers to craft unique experiences for players.

      In December 2017, the first LAND tokens associated with Genesis City were auctioned. This introduced the concept of virtual land ownership within Decentraland. Following this, the Decentraland Marketplace was unveiled in March 2018, enabling users to buy and sell LAND parcels within Genesis City.

      Finally, the Decentraland metaverse officially went live in January 2020, offering users an immersive and decentralized virtual world built on Ethereum.

    FAQ

    • How much is 1 Decentraland (MANA) worth?

    • Is Decentraland (MANA) a Good Investment?

    • What Is Decentraland Price Prediction?

    • What Is MANA Token Used for?

    • How to Earn MANA in Decentraland

    • How to Buy LAND in Decentraland

    • What is the all-time high price of Decentraland (MANA)?

    • What is the all-time low price of Decentraland (MANA)?

    • How much Decentraland (MANA) is there in circulation?

    • How do I store Decentraland (MANA)?