Decentraland
MANA
Crypto
Governance
USD 0.17+0.35%
Decentraland
UMushroom community rating:
About
Governance
Categoryn/a
Consensus MechanismL2
L1/L2n/a
Sub-cateegoryethereum
Ecosystem2017
Year of creation
Description
Decentraland (MANA) is a Governance crypto token. Decentraland was founded on 2017-09-17 on the ETHEREUM ecosystem. More information can be found at https://decentraland.org/.
Key Technical Advantages:
Ethereum Blockchain: Decentraland is built on the Ethereum blockchain, which provides a decentralized ledger for land ownership and supports smart contracts for transferring and managing digital assets. LAND and MANA Tokens: LAND is a non-fungible, scarce digital asset representing a parcel of land in Decentraland, while MANA is an ERC20 token used to purchase LAND and make in-world transactions. Both are stored in Ethereum smart contracts. Non-Fungible Tokens (NFTs): NFTs are unique, indivisible digital assets that represent ownership of virtual land and digital collectibles within Decentraland. Each parcel of land is an NFT, and users can create, buy, and sell digital collectibles as NFTs. Content Distribution and P2P Network: Decentraland uses a content distribution layer and a peer-to-peer (P2P) network for user interactions, enabling users to explore the world, download content, and interact with applications in real-time. Decentralized Economy: Decentraland provides a platform for users to create, monetize, and trade digital assets, goods, and services. Its scripting system allows developers to build applications, games, and interactive content, while its payment channels enable fast, low-fee transactions within the virtual world. Content summarized by AI chatbotSource:
https://decentraland.org/whitepaper.pdfKey figures
-71.1%1Y
-58.3%3Y
89.6%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 5.20
All Time High
3.25%
% of All Time High
-96.92%All Time
-80.88%1 year
Max drawdown
#127
Ranking by Market Cap
332.77 M
Market cap (USD)
0.00%
% of Market
19.693 B
Category Market Cap (USD)
1.69%
% of Category
2193179327
Circulating Supply
1969729010
Liquid Supply
89.81%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
24453831
Volume Traded
7.35%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
2.00
Innovation:
3.00
Society:
1.00
Nature:
1.00
Benjamin Volkmer
a bit of a metaverse crypto, be ready for a roller-coaster ride pricewise
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