Decentraland (MANA) Price

$0.24

Decentraland (MANA) Price Today

The live price of Decentraland is $0.24 USD. In the past 24 hours, the trading volume of Decentraland was $42.5M USD, with a change of +5.36%. The current live price of Decentraland has changed by -10.11% from its 7-day high of $0.26 USD and by +3.67% from its 7-day low of $0.23 USD. With a circulating supply of $2,193,179,327.32 MANA, the market cap of Decentraland is currently $465.1M USD, marking a +2.03% change in the last 24 hours. Decentraland currently ranks 110 by market capitalization.

Decentraland (MANA) Market Data

Market Cap

$476.9M

24h Volume

$42.5M

Circulating Supply

2.1B MANA

Maximum Supply

Fully Diluted Market Cap

$531M

Liquidity Indicator

8.92%

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About Decentraland (MANA)

What Is Decentraland (MANA) and How Does It Work?

Decentraland is a decentralized virtual world built on the Ethereum blockchain, where users can create, explore, and monetize 3D experiences. It operates as a browser-based metaverse platform where players can buy virtual land (called LAND), host events, develop scenes or games, and interact with others in real time.

The ecosystem is powered by MANA, its native ERC-20 token. MANA is used to purchase LAND parcels, avatar wearables, unique names, and other digital goods within the platform. It also serves a governance function, allowing holders to vote on proposals through the Decentraland DAO (Decentralized Autonomous Organization). All in-game assets like LAND and wearables are represented as NFTs, giving users full ownership and the ability to trade them freely on secondary marketplaces.

Who Created Decentraland and When Was It Launched?

Decentraland was created by Ariel Meilich and Esteban Ordano, with development beginning in 2015. The project officially launched in 2017 through an ICO (Initial Coin Offering), raising approximately $24 million to fund the development of its virtual world and underlying blockchain infrastructure.

The public version of Decentraland went live on February 20, 2020, marking the full launch of its metaverse to global users. This launch included access to Genesis City (its initial land grid), user-generated content tools, and the Decentraland Marketplace. In 2021, governance was transitioned to the Decentraland DAO, giving the community control over protocol upgrades, land policies, and treasury allocation.

Decentraland Roadmap Highlights

• 2015–2017: Concept development and 2D grid prototype
• 2017: ICO and MANA token distribution
• 2018–2019: LAND smart contracts, 3D world engine, and SDK development
• Feb 2020: Public launch of Decentraland’s virtual world
• 2021–2023: DAO creation, community governance, and increased NFT marketplace activity
• 2024–2025: Focus on creator tools, onboarding third-party devs, “Worlds” hosting, and future VR/mobile expansion

What Is MANA Token and What Is It Used for?

MANA is the native utility and governance token of Decentraland, built on the Ethereum blockchain as an ERC-20 token. It is primarily used to buy virtual land (LAND), avatar wearables, names, and other digital assets in the Decentraland Marketplace. MANA is also used for community governance; holders can vote on proposals that influence the platform’s development and policies through the Decentraland DAO.

You can trade MANA tokens easily on the BingX Spot Market by logging into your BingX account, navigating to the MANA/USDT trading pair, and placing buy or sell orders in real-time. The platform offers intuitive tools, price charts, and order types to help manage your trades efficiently.

What Is Decentraland Tokenomics?

Decentraland has a dual-token system consisting of MANA and LAND, each serving a unique function within the ecosystem. MANA is an ERC-20 utility token with an original total supply of 2.8 billion, though it is deflationary. MANA is burned whenever users purchase LAND, Names, or other items, gradually reducing the circulating supply. This mechanism helps support long-term scarcity and value.

LAND, on the other hand, is a non-fungible token (NFT) based on the ERC-721 standard, representing parcels of virtual real estate in Decentraland’s Genesis City (with a capped total of 90,601 LAND parcels). While MANA facilitates economic transactions and governance, LAND represents ownership and creative control within the metaverse. MANA holders can also participate in the Decentraland DAO, where voting power is determined by the amount of MANA, LAND, and Names they hold.

How to Use Decentraland

Using Decentraland is simple and doesn't require any downloads, just a desktop browser and a crypto wallet. Start by visiting decentraland.org and clicking "Start Exploring." You can either log in as a guest or connect a crypto wallet like MetaMask for full access to avatar customization, asset ownership, and participation in events or DAO voting.

Once inside, you can walk around the 3D world, join live events, play games, and interact with other users. If you own LAND, you can build scenes or host your own experiences using Decentraland’s Builder Tool or SDK. You can also visit the Marketplace to buy and sell wearables, emotes, names, and virtual land using MANA tokens.

What Blockchain Network Does Decentraland Operate on?

Decentraland operates on the Ethereum blockchain, using Ethereum’s smart contracts to manage ownership of virtual assets like LAND, Names, and wearables. MANA, the platform’s native token, is an ERC-20 token, while LAND and other in-game assets are structured as ERC-721 NFTs. Ethereum provides the foundation for Decentraland’s decentralized infrastructure, enabling secure asset ownership, open marketplaces, and community governance through the Decentraland DAO. Additionally, Decentraland has explored layer-2 solutions to improve scalability and reduce transaction fees for its users.

How Many LAND Parcels Does Decentraland Have?

The metaverse's land is organized within a grid known as Genesis City, encompassing a total of 90,601 LAND parcels. Each parcel is a 16 × 16 meter square (about 52 × 52 feet), registered on Ethereum as an ERC-721 NFT. This rigid supply limit ensures scarcity and value consistency across the world.

Beyond individual parcels, LAND can be aggregated into Estates, contiguous parcels combined under one ownership, to enable larger builds, complex experiences, or group events. Genesis City also includes themed Districts, pedestrian Plazas, and Roads, forming a cohesive and explorable environment.

Which Wallets Support MANA Tokens?

You can store your MANA tokens directly on BingX, which offers a secure and convenient custodial wallet solution. This option is ideal for active traders and beginners, as it allows you to access your MANA balance instantly for spot trading without managing private keys or using external wallets. BingX also provides additional features like two-factor authentication (2FA), portfolio tracking, and access to other trading tools, making it a streamlined choice for managing your crypto assets in one place.

For users who prefer full control and enhanced security, non-custodial wallets are also widely available. Popular software wallets like MetaMask, Trust Wallet, and MyEtherWallet (MEW) support MANA as it is an ERC-20 token on the Ethereum network. For long-term storage, hardware wallets such as Ledger and Trezor offer offline protection by keeping your private keys isolated from internet access. These wallets can be connected to interfaces like MetaMask or Ledger Live to manage MANA securely while maintaining complete ownership of your funds.

Is Decentraland (MANA) a Good Investment?

Decentraland (MANA) presents a unique investment opportunity as one of the earliest and most established metaverse platforms built on the Ethereum blockchain. Its limited virtual land supply, NFT-based asset ownership, and fully decentralized governance via a DAO create real scarcity and long-term utility. MANA powers the in-world economy, enabling users to buy LAND, trade wearables, and vote on community proposals, giving it both transactional and governance value. With growing demand for digital real estate, branded virtual events, and creator-driven economies, Decentraland is well-positioned within the broader Web3 and gaming sectors.

Additionally, MANA benefits from being part of a highly interoperable Ethereum ecosystem, making it accessible across most major exchanges and wallets. Despite competition from other metaverse projects, Decentraland continues to attract developers, brands, and users through consistent updates, partnerships, and immersive experiences. Its open-source tools, creator incentives, and commitment to decentralization offer strong long-term growth potential, especially if interest in virtual worlds and digital ownership continues to rise in the years ahead.

Information source

Official Website

Whitepaper

Decentraland (MANA) Price Converter

MANA to USD

1 MANA = $ 0.24

MANA to VND

1 MANA = ₫ 6,349.03

MANA to EUR

1 MANA = € 0.21

MANA to TWD

1 MANA = NT$ 7.19

MANA to IDR

1 MANA = Rp 3,990.15

MANA to PLN

1 MANA = zł 0.89

MANA to UZS

1 MANA = so'm 3,024.81

MANA to JPY

1 MANA = ￥ 35.45

MANA to RUB

1 MANA = ₽ 19.01

MANA to TRY

1 MANA = ₺ 9.62

MANA to THB

1 MANA = ฿ 7.95

MANA to UAH

1 MANA = ₴ 10.14

MANA to SAR

1 MANA = ر.س 0.90

Decentraland Price Converter

How to Buy Decentraland (MANA)

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How to Buy MANA Guide

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Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

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Disclaimer:

By accessing and using this platform, you agree to comply with our Terms of Use.

For more detailed information, please refer to our Risk Disclosure Statement.