A Virtual World That Runs On Open Standards
ERC20 Token
Decentraland (MANA) 
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Decentraland is the first virtual platform owned by its users. Grab a VR headset or use your web browser and become completely immersed in a 3D, interactive world
A public virtual world should be ruled by open standards, shielded from the agenda of any central organization. In Decentraland, users have full control over the content of the land they own and keep all the proceeds from the value they generate for other users. To make this possible, Decentraland uses blockchain technology as an unforgeable record of ownership.
“Decentraland is a distributed platform for a shared virtual world that enables developers to build and monetize applications on top of it. The scarcity of land, on top of which applications can be built, creates hubs that capture user attention, which drives revenue to content creators. MANA tokens will be used to purchase land, goods, and services in-world. MANA tokens will also be used to incentivize content creation and user adoption, therefore bootstrapping the first decentralized virtual world.”
Buy & SellPositives
- An incredibly unique idea and use case for blockchain technology. Blockchain technology is not only extremely useful in the real world but in virtual worlds and video games too. Decentraland’s model is very simple but so innovative at the same time.
- Virtual Reality technology, although relatively new, is proving itself to be useful in not only video games but in improving user experience across video streaming platforms, live streaming, even online retailers like eBay are experimenting with the technology.
- Decentraland already has a live marketplace where users can buy and sell “Parcels”. Users will be able to purchase land, goods and services by using the MANA token.
- Partnerships with District0x, Aragon & Imtoken. These partnerships highlight the community focus that Decentraland has for it’s product.
- MANA supply is great considering the usage. Users will not have to worry about the currency powering Decentraland becoming inflated anytime soon.
Exchanges
Concerns
- Virtual Reality unfortunately has a few entry barriers for a lot of people. Headsets like the HTC Vive and Oculus Rift do cost a significant amount considering their current applications if you are not interested in video games. The technology is still in it’s enthusiast stage with applications still being developed to utilize and show off the potential.
- Immersion is a big part of why VR is taking off in the video game scene. In order for a user to feel immersed, the experience needs to be as fluid as real life which includes graphical and visual quality. With Decentraland running on the Ethereum Network, we aren’t sure how the current limitations of the network are going to impact the overall user experience.
- Decentraland is a project which we find extremely interesting. The team are merging two very new technologies and have so far proven they know what they are doing. Investors need to understand that although Decentraland is the first serious mover in this space, it is still one of the higher risk projects in regards to business model and target audience.
Official Links
Token Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: MANA
• Total Supply: 2,644,403,343
• Circulating Supply: 1,050,141,509
• Token Use: In-App Purchases
Founders
The Team
• Ari Meilich (Project Lead)
• Esteban Ordano (Tech Lead)
• Xiaolai Li (Advisor)
• More
Industry
& Competitors
• Decentralized Communities
• Virtual Reality
• Competitors – No Serious Competitors At This Time.
