The Decentraland crypto price (MANA) is currently €3.89. With its strong technological progress, its main currency, MANA, is growing in popularity. A groundbreaking project, Decentraland holds a special place in the virtual reality sector. Far from ready to give up its position, it continues to hold its own against competitors. Discover our Decentraland crypto price predictions for the next 5 years.
Decentraland (MANA) Key Figures
At the time of writing, to give you an overview of where MANA currently stands, here are a few figures:
- Market capitalization: €7,102,848,347
- Decrease over the last 24 hours: 3.44%
- Circulating supply: 1,824,608,835 MANA
- Ranking among cryptocurrencies: 24th
- 24-hour trading volume: €1,562,206,186
To learn more, also read our guides “Crypto Converter” and “Gala Crypto Price“.
Decentraland Price in Real Time: MANA/USD
Decentraland Price in Real Time: MANA/EUR
MANA vs Bitcoin Price in Real Time: MANA/BTC
What Is Decentraland?
Put simply, Decentraland is a platform specializing in virtual reality and video games.
- Decentraland DAO
It is a decentralized autonomous organization. The Decentraland DAO owns the most important smart contracts and assets that make up Decentraland — the LAND contract, the Estate contract, wearables, content servers and the marketplace.
It also holds a large treasury of MANA that allows it to be truly autonomous and to fund various operations and initiatives across Decentraland.
- Purpose of the Decentraland DAO
Decentraland is the first fully decentralized virtual world. It has always been part of the original vision to hand control to the people who create and play in this virtual space — in short, you, the users. Through the DAO, you control the policies that determine how the world behaves: for example, which types of wearable items are allowed (or banned) after the DAO’s launch, content moderation, LAND policy and auctions, among others.
- How the Decentraland DAO works
The community proposes and votes on policy updates, future LAND auctions, the whitelist of NFT contracts allowed in the world, the builder and the marketplace, and anything else the community considers relevant. Voting takes place on the Decentraland DAO governance interface, powered by Aragon.
Diversifiez votre patrimoineInvestissez dans l’artDes tableaux originaux, pièces uniques signées par l’artiste. Un actif tangible, loin des écrans et des cotations.Voir les tableaux →Why Is Decentraland Worth Investing In? Our Review
In our view, Decentraland is worth investing in because of the many advantages it offers. Crypto investors and video game enthusiasts alike will be satisfied. We can point out that:
- Its community is very active and is developing interesting projects in the metaverse,
- Decentraland has formed major partnerships with prestigious partners such as HTC,
- The MANA cryptocurrency performs very well,
- The platform offers a variety of ways to take part,
- Its team is made up of experts and is considered highly professional,
- The Decentraland platform is very innovative and original,
- It is a good option for diversifying your portfolio.
Key Takeaways on the Decentraland Price
To conclude, we can say that Decentraland is a good investment vehicle. However, given the volatility of the market, you need to choose your investment strategy carefully: in the short term, you can take advantage of the asset’s price rises and falls; in the long term, you can buy it now while its price is still low.
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