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Decentraland(MANA)

Decentraland is a decentralized virtual world built on the Ethereum blockchain. It is an open-source platform that allows users to create and experience virtual reality (VR) applications and content in a shared virtual environment. Decentraland is a user-owned and operated virtual world, meaning that users are the sole owners of their land, content, and experiences. They are free to create, modify, and monetize their virtual world.

Decentraland is based on a blockchain-based system of smart contracts, which enable users to purchase land, create or upload content, and build experiences on their land. This system also allows users to trade land parcels, digital goods, and services in a marketplace. Smart contracts also enable developers to create decentralized applications (dApps) in Decentraland. With the help of dApps, users can interact with each other, build virtual worlds, and store digital assets.

Founder: Ariel Meilich and Esteban Ordano

Protocol
Layer

Layer 2

Programming
Language

TypeScript

Consensus
Mechanism

Proof of work

Current
Price

$0.436

Market
Cap

$831,915,557.219

Circulating
Supply

1,908,319,865.392 MANA