Decentraland is a virtual reality platform powered by the Ethereum blockchain. It was founded in 2015 by Ariel Meilich and Esteban Ordano. The project's goal is to create a decentralized virtual world that gives users full control over their content and applications The project's native currency is MANA.
The project's vision is to create a decentralized virtual world that gives users full control over their own data, identity, and personalization preferences. The platform will also allow developers to create and monetize immersive 3D content and applications. The Decentraland platform is divided into 90 000 parcels, each of which can be bought and sold by users.
The project has been backed by some big names in the crypto space such as Andreessen Horowitz, Union Square Ventures, and MetaStable Capital. Decentraland is one of the most promising projects in the VR space and has a lot of potential use cases.
The total supply of MANA is 2.2 billion and the current circulating supply is 1.9 billion. The project has a strong community and an active development team.