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Overview About Decentraland (MANA)


Continuing the series of sharing about cryptocurrency projects, 5ROI would like to introduce to you a platform that has been launched for a long time. That is Decentraland. So what is Decentraland (MANA)? What are the outstanding features of Decentraland? Let’s find out through the following article.

Overview of Decentraland

What is Decentraland?

Decentraland (MANA) is a virtual reality (VR) platform powered by Ethereum. Decentraland allows you to create a new economy based solely on tokens for owning land in the world known as virtual reality.

How was Decentraland born?

Stone Age: Officially released around the beginning of 2015, the Decentraland virtual reality platform has given users the opportunity to earn money beyond imagination. In June of the same year, the project began taking its first steps by creating an algorithm to accept Bitcoin (BTC).

Bronze Age: In March 2017, the lands at the Decentraland virtual reality platform took a new step forward by sketching 3D space, under the connection and support of Blockchain technology.

Iron Age: In Q4/2017, the MANA token with ERC20 technology allows users to receive parcels of LAND and interact with other lands.

Silicon Age: In 2018, Decentraland made a major turning point in its development journey. The combination of a 3D virtual world and VR glasses added to Blockchain allows all interactions on the system to become very simple.

Decentraland project development team

It can be said that the Decentraland project development team possesses a lot of experience in the field of virtual reality technology and blockchain. Let’s take a look at some of the prominent names on the MANA development team:

Ari Meilich: Ari is the founder of the Decentraland (MANA) project, he studied at the University of Buenos Aires.

Esteban Ordano: is the technical director of the project. Along with Arimeilich, are the founders of Streamium and Bitcore.

Along with a strong team of advisors such as Xiaolai Li (founder of INBlockchain), Jake Brukhman (founder of CoinFund), Luis Cuende (Aragon project manager), and Diego Doval, Giotto De Filipi… factors contributing to the success of the Decentraland project.

How does Decentraland work?

At Decentraland, users have direct control over the rules by voting on the game’s policies and regulations.

NFTs represent in-game collectibles including land, real estate, and other items. Players will keep these tokens in their wallets and sell them to those in need on Decentraland. The money used for this transaction is MANA.

In addition, players can also fill their personal space by participating in other tasks and activities. The ultimate goal is to earn MANA from Land.

Features of Decentraland


Players can create apps and 3D scenes using Decentraland’s scripting language. This scripting language is designed to allow users to develop applications, games, and highly animated 3D scenes.

Content Security

The content and transaction information on the Decentraland platform is completely confidential, ensuring the interests of users.


All brands can advertise on the Decentraland platform, for example, by placing banners on prime plots of land, located in a large location, frequented by many people.

Social Network

Decentraland also acts as a social network where you can exchange and share but of course still have to comply with the regulations of this “virtual world”.

Digital Collectibles

NFT entries are collected then created and traded on Decentraland and granted ownership by Decentraland.

What you need to know about the MANA cryptocurrency

Overview of MANA Token

  • Token Name: Decentraland.
  • Ticker: MANA.
  • Contract: 0x0f5d2fb29fb7d3cfee444a200298f468908cc942
  • Blockchain: Ethereum.
  • Token Standard: ERC-20.
  • Token type: Utility Token.
  • Total Supply: 2,194,102,327 MANA.

MANA token allocation

MANA is distributed by the Decentraland development team:

  • 40% is sold in Crowdsale (a.k.a ICO).
  • 20% is held by the Decentraland Foundation.
  • 20% belongs to Team & Early Contributors.
  • 20% of Community & Partners development budget.

Trading MANA/USDT on 5ROI at


Decentraland is a potential project both now and in the future. In terms of technology ideas, Decentraland has a very different idea, leading in the NFT trend and this is considered the strongest element of this project. Decentraland also has a team of developers and advisors with experience in crypto, blockchain, and virtual reality. People are a key factor determining the success of a project, so you should consider the team behind any project when you want to invest.

Risk Disclaimer:

For investors, trading digital assets are both an opportunity and a challenge with outstanding profit potential. 5ROI Global only provides useful information for investors to grasp, and refer to and does not provide financial investment advice of any kind.

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