Decentraland is a decentralized virtual reality platform powered by the Ethereum blockchain. Within this platform, users can create, experience and monetize their content and applications. The finite, traversable 3D virtual space within Decentraland is called LAND, a non-fungible digital asset maintained in an Ethereum smart contract. Land is divided into parcels, identified by their cartesian coordinates (x,y), which are permanently owned by members of the community and purchased using MANA, Decentraland's cryptocurrency token. This gives users full control over the environments and applications they create, ranging from static 3D scenes to more interactive applications or games. Additionally, some parcels are organized into themed communities, or Districts, to create shared spaces with common interests and uses.

Decentraland Fundraising

Fundraising Event

Round	Amount	Valuation	Date	Investors
ICO	$24M	--	Aug 20, 2017

Investor

Decentraland Team

Decentraland Investment Portfolio

Rounds in the Past Year

Historical Rounds

Lead Investments

Portfolio Numbers

Project	Funding Status	Region	Categories	Ecosystem	Founded	Token Issuance
Decentral Games	Strategic		Gaming	Ethereum Polygon		With Token

Decentraland

MANA

+0.29%

Total dollar volume24H

$111,227,351

High24H

0.4145 USDT

Low24H

0.3817 USDT

Market Cap

#114$769,629,321

FDV

$903,589,883

Turnover rate

14.45%

Circulating supply

1,868,032,332

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

-93.02%

Cycle low

0.2161 USDT

Cycle low date

Aug 05, 2024

Up from cycle low

90.65%

Contracts

Etherscan:0x0f...c942

Official links

Socials

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.

Terms

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