Total MarketCap:$3,449.4B-2.53%
24H Vol:$118.5B
BTC:
1
sat/vB
API
EN
Light
Install App

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
Updated 1 hour ago
SoSo Daily May 12 | Guotai Junan International Expands Tokenized Securities Business, Receives No Objection Confirmation from CSRC
SoSo Daily May 12 | Guotai Junan International Expands Tokenized Securities Business, Receives No Objection Confirmation from CSRC
SoSo Daily May 12 | Guotai Junan International Expands Tokenized Securities Business, Receives No Objection Confirmation from CSRC
SoSo Daily May 12 | Guotai Junan International Expands Tokenized Securities Business, Receives No Objection Confirmation from CSRC
SoSo Daily May 12 | Guotai Junan International Expands Tokenized Securities Business, Receives No Objection Confirmation from CSRC
SoSo Daily May 12 | Guotai Junan International Expands Tokenized Securities Business, Receives No Objection Confirmation from CSRC
SoSo Daily May 12 | Guotai Junan International Expands Tokenized Securities Business, Receives No Objection Confirmation from CSRC
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Al-Driven Crypto Investment Research Revolution
Scan QR Code to Explore more key information
https://sosovalue.com/chat
To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.

Decentraland

MANA

News
Tweets
Research
Pairs
Transaction
From Official
View All News
$REALIS soon. I think this can legitimately reach billions once the GameFi meta heats up. Study $SAND / $MANA, which reached 7-9B in 2021. $REALIS is the strongest contender and has been building relentlessly. AI embodiment x gaming will be huge. Even @elonmusk has hinted at it. Entry here is FREE https://t.co/mA5crZI7nL
#GameFi
$MANA
$SAND
SmokezXBT
1 day ago
Coming soon 👀 https://t.co/C5pK9pQdeE
$MANA
decentraland
1 day ago
Top Simulation Games Coins #SAND #MANA #ALICE #WILD #ETER #MARS4 #FSTR #KOAI #MONI #PETOSHI #REALM #QORBI #ROCKET #BARS #XPET #ALE #GAMESCOINS https://t.co/e5CSJW78im
#GameFi
$MANA
$ALICE
$SAND
TCR_news_
2 days ago
Where are some good spots to propose to your date? @Moppundo1, the @dogebusters and more creators got you covered 🫶 https://t.co/PWvt5aZQMl
$MANA
decentraland
2 days ago
At this prom, everyone's royalty 👑 Grab your Friendship Tiara—now available to mint in Genesis Plaza! See you and your tiara at Prom, May 22 🎉 https://t.co/ypXdKyvbXN
#NFT
$MANA
decentraland
3 days ago
Time to make your Prom dream become a reality✨ From now until May 17, 11:59 PM UTC, all first submissions to the Prom Wearables Contest will be reimbursed. What will you create? https://t.co/ILkGkOCb5g https://t.co/meDzsW5EmS
#NFT
$MANA
$PROM
decentraland
3 days ago
Twinning is winning 💫 Grab these matching sets from @DCLBabyDolls, @RefractionDCL, and @SoultryDubs to turn heads with your date at Decentraland Prom on May 22 🔥 https://t.co/clf3J0TKey
#NFT
$MANA
decentraland
4 days ago
🚨 Get all your dev questions answered Office hours with @__sucho start May 13
$MANA
decentraland
4 days ago
RT @em_DCL: DCL | @decentraland https://t.co/E7nbbFiZ6Q
#NFT
$MANA
decentraland
5 days ago
New DCL streaming feature just dropped 🚨
$MANA
decentraland
5 days ago
Ready for the next event? On May 21–22, get ready for a two-day celebration of identity, joy, and avatar expression 🌈 It's time for the Decentraland Prom and Pride PJ Party 🔥 https://t.co/YwvvFMZ2HK
#SocialFi
$MANA
decentraland
6 days ago
5,000,000 $PIXEL EVENT BEGINS TOMORROW! ✨ But first, we have the final Dungeon Run winners to announce!! Grand Prize (Settlement + 100,000 Mana): deniz Settlement Winners: icytea harkyn luigi69 Daily Homestead Winners: maximus9 boxcoin gisvel joel0102 imisumiko Congratulations to the winners, and thank you to everyone who participated!
#GameFi
$MANA
$PIXEL
RuniverseGame
7 days ago
Can you spot some Juan? 👀 https://t.co/RsMnbAHcW6
$MANA
decentraland
8 days ago
Wander block to block, and you’ll find the fantastical, the futuristic, and everything in between ✨ Featuring the work of @robdixon, Marimekko, and more. https://t.co/5jq59SBeEU
$MANA
decentraland
9 days ago
Mmk, who let the cars on the runway? 🤣 https://t.co/r8c6iD2wLg
$MANA
decentraland
12 days ago
POV guy in swimsuit, an astronaut, giant dog, and Pepe with a pitchfork all dance next to each other. Must be Decentraland 🫶 https://t.co/yPWNcgrq8H
#GameFi
$MANA
$PEPE
decentraland
14 days ago
From self-building pyramids to flamenco pavilions—architecture in Decentraland is anything but ordinary 🪄 Amazed by the builders who turn code into 3D art. Featuring the work of @gtrfrost, Seanny, and more ✨ https://t.co/2NsBt43Cef
#NFT
$MANA
decentraland
16 days ago
Welcome to Dungeon Run! ⚔️ From now until May 1, each completed Dungeon = 1 entry: 🏆 5 daily Homestead giveaways 🏆 3 Settlement giveaways 🏆 Grand prize of a Settlement + 100,000 Mana Complete ALL Dungeons for a GUARANTEED 200 Million Quanta Airdrop! Every. Run. Counts. https://t.co/qqXHH4P2UO
#GameFi
$MANA
RuniverseGame
17 days ago
Private chat, a marketplace rewards program, new smart items, and an exciting in-world streaming update 👀 Here's everything discussed in Community All Hands 11 👇 https://t.co/h8O6l76PQm
#SocialFi
$MANA
decentraland
18 days ago
🚨 1 Hour! Head to the Foundation Discord 👇
$MANA
decentraland
18 days ago
DecentralandGoogle Search Trends
Watermark
DecentralandGitHub code submission status
Watermark
Commit
10,840
Star
2,589
Fork
1,259
Issue
564
DecentralandTwitter weekly trends
Watermark
May-10-May-4
May-3-Apr-27
Apr-26-Apr-20
Tweets
Total
9
4
5
Views
Total
Average
49.26K
5.47K
22.33K
5.58K
64.8K
12.96K
Like
Total
Average
516
57
451
112
372
74
Comment
Total
Average
41
4
50
12
43
8
Shares
Total
Average
108
12
105
26
96
19

Decentraland Basic
Report a Data Error

Watermark

Decentraland Info

White paper
white paper
Website
decentraland.org
Contracts
Etherscan:0x0f...c942
Polygonscan:0xA1...6fD4
Explorers
etherscan.io
ethplorer.io
polygonscan.com
Community
Twitter
Reddit
Discord
Youtube
Linkedin
Source code
github.com
Sector
GameFi
First issue time
Aug 07, 2017
Significant Events
  • Oct 21,2024
    Decentraland 2.0 was launched, featuring a new desktop client beta version for both Mac and Windows. The upgrade expanded Decentraland’s reach to VR, mobile devices, and more. Decentraland 2.0 includes enhanced performance, immersive environments, daily tasks, and social interactions
  • Jul,2024
    Plans for expanding Decentraland into VR and mobile platforms were announced, aiming to enhance accessibility and attract more users
  • Feb,2024
    Decentraland hosted the Metaverse Fashion Summit, which featured leaders in AI, blockchain, and virtual reality. The summit attracted 50,000 attendees from over 50 countries
  • Jul,2023
    Decentraland released an updated SDK (Software Development Kit), giving developers more tools to create interactive and immersive experiences
  • May,2023
    Decentraland launched a new Desktop Client, which enhanced performance and improved user experience
Expand More
Watermark

Decentraland Team

Esteban Ordano
Co-Founder of Decentraland
Ignacio Mazzara
Engineer Mananger at Decentraland
Organizations
Decentraland DAO
Builder DAO
Watermark

Decentraland Intro

Decentraland is a blockchain-based virtual reality platform that allows users to create, explore, and trade in decentralized virtual worlds, known as LAND. Built on the Ethereum blockchain, Decentraland uses its native token, MANA, for all transactions, including purchasing LAND, virtual goods, and services within its metaverse. The platform offers a unique space for creativity, commerce, and entertainment, where users can build virtual environments, host events, and even monetize their digital assets.

Founded in 2015 by Ari Meilich and Esteban Ordano, Decentraland was created to merge blockchain with virtual reality technology. The project held its Initial Coin Offering (ICO) for the MANA token in 2017, successfully raising funds to fuel its development. By 2020, Decentraland launched its mainnet, enabling users to fully engage in the platform by buying, selling, and building on virtual LAND parcels.

Over the years, Decentraland has grown significantly, establishing itself as a pioneer in the metaverse and NFT space. In 2024, Decentraland continued its momentum, introducing new features like a desktop client and enhanced user experiences. It has consistently topped development activity charts, indicating robust progress and developer commitment. Partnerships with global brands like Microsoft and Tennis Australia, along with hosting high-profile events such as the Metaverse Fashion Week, highlight its growing influence in both the digital and real-world spaces​.

The Decentraland Foundation oversees the project's development, while the platform is governed by a Decentralized Autonomous Organization (DAO), allowing the community to participate in key decisions about the future of the metaverse.

Above are only for introduction, not intended as investment advice.

Decentraland Unlock & Allocation
Report a Data Error

Decentraland Timeline

Team
375.58M
Decentraland Foundation
222M
Decentraland DAO
222M
Crowdsale
1.12B

Decentraland Token unlock

Unlocked: 78.57%(1.72b)
Total Locked: 9.87%(216.45m)
Untracked: 11.56%(253.60m)

Decentraland Token allocation

Crowdsale:52.70%(1.12b)
Team:26.40%(561.20m)
Decentraland DAO:10.40%(222.00m)
Decentraland Foundation:10.40%(222.00m)

People also watch
Report a Data Error

AR$8.2 -3.07%LEO$8.311 +0.62%GNO$137.4 -2.28%EGLD$19.39 -1.72%IMX$0.719 -5.02%AXS$3.116 +0.29%

Decentraland Price Live Data
Report a Data Error

The live Decentraland price today is $0.3661 USD with a 24-hour trading volume of 67,276,962 USD. We update our Decentraland to USD price in real-time. Decentraland is -2.43% in the last 24 hours. The current SoSoValue marketcap ranking is # 109, with a live market cap of $ 683,866,739 USD. It has a circulating supply of 1,867,977,981 MANA coins and a max supply of 2,193,179,327 MANA coins.
Learn more about Decentraland

Decentraland In-depth Report Generated by AI - For further details, please review:

https://alpha.sosovalue.xyz/trade/MANA-USDT-BINANCE

1)What is Decentraland?

Decentraland is a decentralized virtual world that is created and owned by its users. It has no single entity controlling the platform, and its code is open source, allowing anyone to make improvements or build upon it. The virtual world comprises individual LAND parcels in Genesis City, which are bought, sold, and rented in Decentraland's Marketplace. The platform's operations and future are determined by the community through governance forums. Community creators design unique wearables and emotes, earning a significant portion of the sales proceeds. Daily events in Decentraland are organized by the community, ranging from concerts to art gallery openings, and the platform emphasizes decentralization in its operations.

Looking forward to 2023, Decentraland has several exciting developments. These include the launch of SDK 7, which aims to bring the platform closer to its envisioned decentralized model. A new all-in-one editor is also expected, enhancing content creation for both technical and non-technical creators. Improvements in multiplayer support are planned, along with the introduction of Oculus support for virtual reality experiences. Mobile support updates, significant advancements in the Decentraland DAO's organization and scope, and the integration of dApps into Genesis City are also on the horizon. Other notable developments include dynamic 3D architecture, the merging of music with NFTs, advancements in P2E racing, and various community-driven projects and events.

In summary, Decentraland is a user-owned and user-created virtual world, with no central control, where community members can buy, sell, and rent virtual land, create content, and participate in a wide range of events. The year 2023 promises significant advancements in technology and community engagement, reinforcing its position as a leading decentralized virtual world.

2)Which sector does Decentraland belong to?

Decentraland belongs to the Metaverse sector, which encompasses virtual environments where people can interact, work, and experience digital content in a more immersive way. This sector is characterized by technologies like Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR), and it’s closely associated with the gaming, media, entertainment, and digital asset markets, including NFTs and cryptocurrencies.

Current State of the Metaverse Sector

The Metaverse sector has experienced significant growth, driven by advancements in technology and changing consumer behaviors:

  • Digital Transformation and Remote Collaboration: The COVID-19 pandemic accelerated digital transformation, leading to an increased interest in the Metaverse for remote work and collaboration. Many consumers and workers are looking towards the Metaverse for a more inclusive and interactive remote working experience.
  • Consumer Engagement: The sector is seeing rising consumer engagement in cultural experiences, such as virtual museums, concerts, and sporting events within the Metaverse. This interest spans across different age groups, including millennials, Gen Z, Gen X, and even Boomers.
  • Cybersecurity and Privacy Concerns: There are growing concerns about cybersecurity, privacy risks, and data protection in the Metaverse. Issues related to data breaches, unauthorized surveillance, and the misuse of personal data are prevalent concerns that need addressing.
  • Digital Divide and Accessibility: The Metaverse faces challenges related to the digital divide and accessibility. Ensuring that people from all backgrounds, including those with disabilities, can access and benefit from these virtual environments is crucial.

Development Prospects of the Metaverse Sector

Looking at the development prospects for the Metaverse sector:

  • Market Growth: The Metaverse market is expected to grow from USD 82.31 billion in 2023 to USD 472.37 billion by 2028. This growth is driven by the rising demand in media, entertainment, gaming industries, and the use of advanced technologies like blockchain, AI, and extended reality.
  • Gaming as a Key Segment: The gaming segment holds a significant market share in the Metaverse. The number of VR and AR gamers is growing, and there’s a notable rise in consumer comfort with VR technology. This segment is expected to continue driving Metaverse expansion.
  • North American Market Dominance: North America leads in the adoption and development of Metaverse solutions. The region’s rapid adoption of new technologies, significant investment in digital solutions, and the application of AR technology in various sectors like healthcare and education contribute to its leading position.
  • Long-term Growth Potential: Despite some skepticism, the Metaverse market is poised for long-term growth, with predictions of reaching up to $900 billion by 2030. This growth will be driven by immersive experiences, digital marketing, employee training, and healthcare applications.

In conclusion, Decentraland is part of a burgeoning Metaverse sector that is experiencing rapid growth and evolution. The sector’s future looks promising, with significant opportunities for businesses and individuals alike. However, challenges related to cybersecurity, privacy, accessibility, and the digital divide need to be addressed to ensure its sustainable and inclusive growth.

3)What is tokenomics of Decentraland (includes allocation and supply schedule)?

I found some information regarding the tokenomics of Decentraland, which is based on its cryptocurrency, MANA. Here’s what I was able to gather:

1. Initial Token Distribution: The initial distribution of Decentraland’s MANA tokens was allocated as follows: - 40% to Crowdsale (ICO) - 20% to the Decentraland Foundation - 20% to Team & Early Contributors - 20% to Community & Partners.

2. Circulation and Total Supply: As of January 2021, about 1.49 billion MANA tokens were in circulation, which is approximately 68% of the current total supply of 2.19 billion MANA. The original total supply was set at 2.8 billion MANA but has been reduced due to over 600 million MANA being burned as a result of LAND auctions. Additionally, there are mechanisms in place to further reduce the circulating supply of MANA, including a 2.5% burn on Decentraland marketplace transactions. Originally, MANA was designed to inflate at 8% in the first year, with a gradual decrease over time. However, inflation is currently disabled, and there are no plans to initiate this inflation until deemed necessary. Unfortunately, I wasn’t able to find detailed information on the current token release schedule or the specific process of new token creation for Decentraland’s MANA. This information may require more in-depth research or direct consultation of Decentraland’s official resources or whitepapers.

4)What about the team and the investors of Decentraland?

Here’s what I found about the team behind Decentraland and its funding history:

1. Founders and Development Team: Decentraland was created by Argentinians Ari Meilich and Esteban Ordano. The project has been in development since 2015 and was opened to the public in February 2020. It is overseen by the nonprofit Decentraland Foundation.

2. Funding History: Decentraland raised $26 million in its initial coin offering (ICO) in 2017. By 2022, the platform had a market evaluation of $1.2 billion. However, detailed information about subsequent funding rounds or major investors was not readily available in the sources I accessed.

5)What is the development history of Decentraland?

Here’s a timeline of important events and milestones in the development of Decentraland:

  • 2015: Decentraland began its development, founded by Ari Meilich and Esteban Ordano.
  • 2017: The project launched, selling parcels of digital land for about $20 each, and MANA tokens for $0.02. The initial map, Genesis City, comprised 90,601 parcels of land. Decentraland raised $26 million in its initial coin offering (ICO).
  • April 2021: During a surge in popularity for NFTs, parcels in Decentraland sold for between $6,000 and $100,000. The platform experienced a spike in MANA value to as high as $5.79 following significant events like Facebook’s rebrand to Meta.
  • November 2021: A virtual real-estate company purchased a plot of land in Decentraland for $2.43 million.
  • Late 2021 - Early 2022: Major brands such as Samsung, Adidas, Atari, PricewaterhouseCoopers, and Miller Lite appeared in Decentraland or bought properties. Metaverse Fashion Week was hosted, featuring major fashion brands and concerts by artists like Deadmau5 and Grimes.
  • October 2022: Decentraland reported a market valuation of $1.2 billion. However, tracking by DappRadar indicated fewer than 1,000 users were performing currency transactions daily, with one period showing only 38 such users. Decentraland claimed an average of 8,000 daily users by their metrics. These milestones mark the significant growth and evolution of Decentraland, reflecting its development from a novel idea to a platform with substantial user interaction and financial valuation.

6)What is the progress and future roadmap of it?

Here’s a chronological list of significant events and milestones in the development of Decentraland:

1. 2015 - 2017: Decentraland was created by Ari Meilich and Esteban Ordano and has been in development since 2015. It launched in 2017 with Genesis City, comprising 90,601 parcels of land. During its launch, digital land parcels sold for about $20, and mana tokens for $0.02. The platform raised $26 million in its initial coin offering (ICO) in 2017.

2. April 2021: There was a surge in popularity for NFTs, leading to parcels in Decentraland selling for between $6,000 and $100,000.

3. November 2021: A virtual real-estate company purchased a plot of land in Decentraland for $2.43 million. Also, there were significant community votes and discussions within the Decentraland’s decentralized autonomous organization (DAO).

4. Late 2021 - Early 2022: Major brands like Samsung, Adidas, Atari, and others appeared in Decentraland or bought“properties”in it. Decentraland hosted Metaverse Fashion Week with participation from major fashion brands. Music artists like Deadmau5 and Grimes held concerts on the platform.

5. October 2022: Decentraland had a market valuation of $1.2 billion. However, there were reports of fewer than 1,000 users performing currency transactions on the site each day.

### For the future roadmap of Decentraland in 2023, here are some key points:

6. SDK 7 Launch: This will bring Decentraland closer to a decentralized platform model.

7. New DCL Editor: An‘all-in-one’editor with both visual interfaces and code editing capabilities, expected in Q1/Q2 2023.

8. Better Multiplayer Support: New architectural designs for game-servers for multiplayer experiences.

9. Emotes & Decentraland VR: Introduction of a new emotes system and Oculus support for virtual reality.

10. Mobile Support: SDK 7 updates aim to enable DCL to run in constrained and remote environments, suitable for mobile devices.

11. New Engines and Branches: The Decentraland Protocol will start being formalized with the potential implementation of new engines like Godot and Unreal Engine 5 by Q4 2023.

12. Performance Updates: Inbuilt cache/data flows systems in SDK 7 for smoother scene rendering.

13. DAO Development: Significant increase in activity and organization within DCL’s DAO.

14. Immersive In-World Marketplace: Virtualizing all of Decentraland’s dApps and integrating them into Genesis City.

15. Public Land DAO Strategy: Developing a governance framework for the use of public land.

16. Metaverse Music Festival: Scheduled for November 2022, setting the stage for Decentraland festivals in 2023.

17. Mental Health First-Aid Experience: Launched in partnership with Mindeasy, with more updates expected across 2023.

18. Dynamic Architecture: Massive leaps in 3D Architecture with dynamic, user-interactive builds.

19. Music NFTs: Merging music with NFTs in DCL.

20. VroomWay Racing: Developing P2E racing games in DCL.

21. Quadratic Voting & Funding: Reforming voting power and funding allocation within the DAO.

22. DCL-Metrics: New services for metrics and traffic tracking.

23. DCL-Connect: A community-built platform for event management and scene curation.

24. Dice Masters & Map Updates: RPG game updates and immersive map upgrades.

25. Wilderness P2E: An RPG game integrating AI and better Web3 integrations.

26. Audio & Video Streaming Improvements: Scalable solutions to streaming services.

27. DAO Meetups & Event Strategies: First in-person DAO Meetup and active presence at key conferences.

28. Retro 2D Client & Metaverse ATMs: Launching a retro-style DCL client and Metaverse ATMs.

29. Grant System Reform & Treasury Diversification: New grant system and asset diversification in the DAO’s treasury.

30. Decentraland Reporter & Population Growth Strategies: Report-to-earn initiative and‘Operation Population’for increasing user base.

31. New Nodes & Realms: Launching new Catalyst Nodes and exploring new realms and cities beyond Genesis City.

32. Game Developments & Fashion Week 2023: Focus on games like‘Temple’and Metaverse Fashion Week with new features.

33. Documentation Platform & DAO-Foundation Synergies: New documentation platform for content creators and overlapping roadmaps between DAO and Foundation. This list provides a comprehensive look at both the historical milestones and the forward-looking initiatives that define Decentraland’s journey and future plans.

7)List all important links related to Decentraland

Here are some important and specific links related to Decentraland:

  • Main Website:

https://decentraland.org/

  • Marketplace:

https://market.decentraland.org/

  • Builder:

https://builder.decentraland.org/

  • Documentation:

https://docs.decentraland.org/

  • Places:

https://places.decentraland.org/

  • Events:

https://events.decentraland.org/

  • DAO:

https://dao.decentraland.org/

  • Support:

https://intercom.decentraland.org/

  • Social Platforms:

https://dcl.gg/

https://www.reddit.com/r/decentraland/

https://twitter.com/decentraland

https://github.com/decentraland

8)Bullishness index for this token from the perspective of token valuation and future potential

Decentraland’s valuation and the potential future prospects of LAND within the platform are quite dynamic, influenced by various factors including user engagement, technological developments, and market trends.

Current Valuation

  • Active User Base: As of recent data, Decentraland has an active population of 810 users on an average day. During specific events like the Metaverse Music Festival, the active users with a non-fungible token (NFT) in their wallets reached 3,668.
  • Community Engagement: The Decentraland community is noted for its passion and collaboration. Events like Metaverse Fashion Week and the Metaverse Music Festival, featuring major brands and artists, demonstrate the platform’s potential to host significant digital events and attract a wide audience.
  • Market Capitalization: At one point, Decentraland’s MANA cryptocurrency had a market cap of around $550 million, reflecting substantial interest and investment in the platform.

Future Prospects

  • Platform Development: Decentraland is continually updating and adding features. Recent upgrades have included improved navigation, avatar customization, and the introduction of more user-friendly tools. These improvements signal a strong direction for the platform’s future.
  • Long-term Value Increase: There are expectations of a significant long-term increase in Decentraland’s value, with predictions of substantial revenue growth over a 5-year investment period. However, it’s important to note that these projections are based on current market trends and speculation, as the Metaverse and platforms like Decentraland are still emerging technologies.
  • MANA Price Predictions: Current forecasts indicate that the price of Decentraland’s MANA token might increase significantly, potentially reaching between $1.27 and $2.22 by 2024. This suggests a potential rise of 458.03% from its current price. The current price of MANA is approximately $0.43 USD, with a forecasted increase of 12.04% by December 2023.
  • Investment Considerations: Buying land in Decentraland represents a significant investment, with each land parcel being a unique NFT. The highest ever sale of land in Decentraland was for 2,000,000 MANA, and the average price has risen significantly since the platform’s launch. Decentraland provides options for purchasing, selling, or leasing land, with all activities recorded on the Ethereum blockchain, ensuring transparent ownership.

Conclusion

Decentraland’s valuation and prospects are shaped by a mix of user engagement, continuous platform development, and market trends. While there is enthusiasm about its future, particularly regarding LAND and MANA token, it’s essential to approach investment with a thorough understanding of the platform’s evolving nature and the speculative aspect of the Metaverse market.

Decentraland
MANA
#109
$0.3661
-2.43%
Total dollar volume24H
$67,276,962
High24H
0.3823 USDT
Low24H
0.3588 USDT
Market Cap
#109$683,866,739
FDV
$802,922,952
Market Cap / FDV Ratio
0.85
Turnover rate
9.84%
Circulating supply
1,867,977,981
Total supply
2,193,179,327
Max supply
2,193,179,327
All time high
5.9 USDT
All time high date
Nov 25, 2021
Down from All time high
-93.79%
Cycle low
0.19 USDT
Cycle low date
Apr 07, 2025
Up from cycle low
92.28%
Contracts
Etherscan:0x0f...c942
Official links
Website
White paper
Socials
Twitter
Reddit
Discord
Youtube
Linkedin
Introduction

Decentraland is a blockchain-based virtual reality platform that allows users to create, explore, and trade in decentralized virtual worlds, known as LAND. Built on the Ethereum blockchain, Decentraland uses its native token, MANA, for all transactions, including purchasing LAND, virtual goods, and services within its metaverse. The platform offers a unique space for creativity, commerce, and entertainment, where users can build virtual environments, host events, and even monetize their digital assets.

Founded in 2015 by Ari Meilich and Esteban Ordano, Decentraland was created to merge blockchain with virtual reality technology. The project held its Initial Coin Offering (ICO) for the MANA token in 2017, successfully raising funds to fuel its development. By 2020, Decentraland launched its mainnet, enabling users to fully engage in the platform by buying, selling, and building on virtual LAND parcels.

Over the years, Decentraland has grown significantly, establishing itself as a pioneer in the metaverse and NFT space. In 2024, Decentraland continued its momentum, introducing new features like a desktop client and enhanced user experiences. It has consistently topped development activity charts, indicating robust progress and developer commitment. Partnerships with global brands like Microsoft and Tennis Australia, along with hosting high-profile events such as the Metaverse Fashion Week, highlight its growing influence in both the digital and real-world spaces​.

The Decentraland Foundation oversees the project's development, while the platform is governed by a Decentralized Autonomous Organization (DAO), allowing the community to participate in key decisions about the future of the metaverse.

Above are only for introduction, not intended as investment advice.

BTC:$104,167.3+0.03%ETH:$2,512.49-0.80%ssiMAG7:$21.66-0.75%ssiMeme:$21.84-0.40%
BTC:$104,167.3+0.03%ETH:$2,512.49-0.80%XRP:$2.3822-1.02%BNB:$652.97-0.84%
SOL:$174.6-1.34%DOGE:$0.23636-1.82%ADA:$0.8088-0.81%TRX:$0.2661+1.14%
SUI:$4.0336-0.81%LINK:$17.05+0.71%AVAX:$24.81-1.43%XLM:$0.3116-0.64%
02:00On This Day in History | May 12
01:54Ministry of State Security Reveals Case: An Employee of a Medical Device Company Joins an Anti-China Organization and Purchases 10 Thousand USD in Cryptocurrency
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
Hi, I'm your crypto AI assistant Socatis. Ask me anything about crypto.
sha512-xXUbd7ed9A4ztreBvpsLM78ZOrwBN2r2mlxIaCv+ReoG9HKX6q2cXAz6ot+k0+Y4Y1X3/+xiTXVjSHs6oI/UTg==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==