MANA

Decentraland
$0.086623
-2.79%
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  • Details
Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
2,644,403,343-2017-09-18$0.024000POW1
etherscan.io
2
ethplorer.io
3
trivial.co
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
-Ethashhttps://github.com/decentralanhttps://decentraland.org/TOKEN

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. People are spending increasingly more time in virtual worlds, for both leisure and work. This occurs predominantly in 2D interfaces such as the web and mobile phones. But a traversable 3D world adds an immersive component as well as adjacency to other content, enabling physical clusters of communities. Unlike other virtual worlds and social networks, Decentraland is not controlled by a centralized organization. There is no single agent with the power to modify the rules of the so ware, contents of land, economics of the currency, or prevent others from accessing the world.

  • The Latest Rating
ICObench
4.0

decentraland - A virtual world that runs on open standards

2018-10-18
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, discover, experience, monetize content and application.
TokenInsight
2.5

Decentraland | Rating: B | Outlook: Stable | Risk: Medium

2018-09-01
Decentraland is a virtual reality DApp game running on Ethereum. The performance of its product is subject to the processing speed of Ethereum, virtual reality technology, and implementation of IPFS technology. In addition, there are technical risks in its engineering implementations.
Coin Bureau
3.5

Decentraland (MANA): A Virtual Reality World on the Blockchain

2018-06-01
Decentraland combines an immersive virtual reality universe similar to Skyrim et al and places this universe on the blockchain. Users will purchase land on the Decentraland platform with the use of the proprietary token, MANA. Once bought, these users can do a range of things on the plot including craft 3D scenes and create games. The architecture has three components and these are the Consensus layer, the Land content layer and the real time layer. This is built on A-frame which is an open source web framework. The project was initially launched in 2015 as its first proof of concept and completed a wildly successful ICO in August of 2017. They raised $24m in under 35 seconds. The project is being built by founders who have developed other projects including Streamium and Bitcore. They have also worked on a number of other tech projects. The MANA tokens went live in October of 2017 and has followed the rest of the market. They are more volatile than other altcoins although volume appears in line with the market capitalisation.