What Is Decentraland (MANA)?
Decentraland (MANA) is a blockchain-powered virtual reality platform built on the Ethereum network. It enables users to create, explore, and monetize content and applications within a decentralized virtual world.
In this digital ecosystem, users purchase parcels of virtual land (called LAND), which they can develop, navigate, and monetize. The platform launched after a successful $24 million Initial Coin Offering (ICO) in 2017, transitioning from a closed beta in 2019 to a public release in February 2020. Since then, users have crafted diverse experiences—ranging from interactive games to immersive 3D environments—on their LAND parcels.
Decentraland operates with two primary tokens:
- MANA: An ERC-20 token burned to acquire non-fungible LAND (ERC-721 tokens). MANA also serves as currency for avatars, wearables, and other marketplace purchases.
- LAND: Represents ownership of virtual real estate.
👉 Explore Decentraland's Marketplace
Who Are the Founders of Decentraland?
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What Makes Decentraland Unique?
- Decentralized Ownership: Users truly own their digital assets (LAND, wearables) via blockchain.
- User-Generated Content: A thriving ecosystem of games, art galleries, and social hubs.
- DAO Governance: Decentralized Autonomous Organization (DAO) lets MANA holders vote on platform policies.
👉 Learn About Blockchain Virtual Worlds
How Many Decentraland (MANA) Coins Are in Circulation?
(Include data on total supply, circulating supply, and tokenomics, e.g., "As of 2025, X billion MANA are circulating out of a capped supply of Y billion.")
How Is the Decentraland Network Secured?
Decentraland leverages Ethereum’s proof-of-stake (PoS) consensus, ensuring security through:
- Smart contract audits.
- Decentralized governance to mitigate risks.
Where Can You Buy Decentraland (MANA)?
MANA is available on major exchanges like:
- Binance
- Coinbase
- OKX (Anchor text links removed per guidelines; only OKX.com retained)
FAQs
Q: Is Decentraland free to join?
A: Yes, but purchasing LAND or items requires MANA.
Q: Can I earn money in Decentraland?
A: Absolutely! Monetize through virtual events, NFT sales, or land leasing.
Q: How does Decentraland differ from other metaverse projects?
A: Its full decentralization and DAO governance set it apart.
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