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Decentraland Price (MANA)
Decentraland (MANA) Chart
Decentraland (MANA) Return On Investment(ROI)
Decentraland (MANA) Price Now
Decentraland price today is $0.5859 with a 24-hour trading volume of $20,247,900. MANA price is up 1.16% in the last 24 hours. It has a circulating supply of 1.86Bil MANA tokens and a total supply of 2.19Bil.
In order to search for real-time and historical information about Decentraland (MANA) blockchain, including data related to blocks, transactions, addresses, and more, you may use Decentraland (MANA) block explorers. Here are some of the most popular and useful Decentraland (MANA) blockchain explorers out there:
What is Decentraland(MANA)?
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games. Land is a non-fungible, transferrable, scarce digital asset stored in an Ethereum smart contract. It can be acquired by spending an ERC20 token called MANA. MANA can also be used to make in-world purchases of digital goods and services.
What Is Decentraland Coin?
The Decentraland Coin is MANA. MANA is the fungible ERC20 token of Decentraland. MANA serves as a proxy to asses the price of a new parcel of LAND. Also, MANA used to buy goods and services in the virtual world creates utility value for the token.
What Makes Decentraland Unique?
Decentraland has two token systems (MANA+LAND).
- MANA, an ERC-20 token that is burned to get LAND, as well as to make purchases of goods and services in the world.
- LAND is a non-fungible digital asset maintained in an Ethereum smart contract.
How Does Decentraland(MANA) Work?
The Decentraland protocol is comprised of three layers: 1) Consensus layer: Track land ownership and its content. 2) Land content layer: Download assets using a decentralized distribution system. 3) Real-time layer: Enable users' world viewers to connect to each other.
Land ownership is established at the consensus layer, where land content is referenced through a hash of the file's content. From this reference the content can be downloaded from BitTorrent or IPFS. The downloaded file contains a description of objects, textures, sounds, and other elements needed to render the scene. It also contains the URL of a rendezvous server to coordinate connections between P2P users that are exploring the tile simultaneously. Figure 3 shows a diagram of the steps the Decentraland clients execute to provide the experience of a shared virtual world in a decentralized way.
Where Can You Buy Decentraland(MANA)?
Investing in Decentraland can seem complicated, but it is much easier when you buy Decentraland through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Decentraland — both for fiat money and other cryptocurrencies. Some of the most popular Decentraland cryptocurrency exchange are:
Decentraland (MANA) Community
- FaceBook: https://www.facebook.com/decentraland/
- Twitter: https://twitter.com/decentraland
- Reddit: https://reddit.com/r/decentraland
What is Decentraland (MANA) Contracts address?
What is the price of Decentraland (MANA) token?
The current Decentraland usd price is $0.5859. We update the Decentraland USD price in real time. Get live prices of Decentraland on different cryptocurrency exchanges around the world on Coincarp.
Is Decentraland (MANA) token a good investment?
It depends on your personal risk tolerance and investment goals. Decentraland is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Decentraland investing, you will also need to understand the Decentraland project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Decentraland investing are by participating in Spot, Perpetual, ETF/Leveraged trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Decentraland (MANA) token token?
You can buy Decentraland from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Decentraland. Cryptocurrency exchanges that currently support Decentraland trading include:
If there is any error, please feedback to us, our email is email@example.com. Please be aware that buying and selling Decentraland involves high risks.You should always do your own research and make sure you understand the risks associated with Decentraland trading before you begin.
How to short Decentraland (MANA) token?
The easiest way to short Decentraland is through margin trading, usually with Perpetual contracts, Futures contracts, ETF/Leveraged. Only a few cryptocurrency trading platforms allows short selling due to the considerable risk involved in this type of trading.
To start shorting Decentraland, open a margin account, provide some collateral for your short position, borrow some coins from the trading platform, and start short selling. Keep in mind that shorting Decentraland or any other cryptocurrency is high-risk. Exchanges that currently support shorting Decentraland are:
What will Decentraland (MANA) token be worth in 5 years?
It is impossible to predict what Decentraland will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Decentraland's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Decentraland 5 years from now.
MANA Price Statistics
- Decentraland Price Today
24h Low / 24h High
$0.5779 / $0.5976
Trading Volume 24h
Volume / Market Cap(%)
- Decentraland Market Cap
Fully Diluted Market Cap
- Decentraland Price History
7d Low / 7d High
$0.5742 / $0.6648
30d Low / 30d High
$0.488 / $0.7057
90d Low / 90d High
$0.2965 / $0.8427
52 Week Low / 52 Week High
$0.2855 / $2.84
All Time High
All Time Low
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