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Decentraland Price (MANA)

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About Decentraland

Decentraland (MANA) defines itself as an Ethereum blockchain virtual reality platform that allows users to create and experience content and applications and monetize them. Users buy parts of land that they later can navigate, build on and monetize in this virtual world.

Two tokens are using by Decentraland: MANA and LAND. MANA is an ERC-20 token to be burned to obtain non-smooth LAND tokens ERC-721. MANA tokens can also be used in the Decentraland market to pay for several avatars, wearables, and names.

Decentraland Price INR History

Time Price in INR Change in %
2021-04-01 74.36 -0.26%
2021-01-01 5.77 -15.20%
2020-12-01 6.42 -13.56%
2020-06-01 3.03 -29.85%
2020-01-01 2.16 -42.28%
2019-12-01 1.84 -49.80%
2019-06-01 4.17 -21.42%
2019-01-01 3.12 -28.96%
2018-12-01 4.04 -22.14%
2018-06-01 7.11 -12.15%
2018-01-01 6.71 -12.93%
2017-12-01 1.05 -88.03%
2017-10-28 0.654933 -141.73%

Decentraland Price History and Analysis

Decentraland Price in India (MANA Price in INR)

By January 2021, MANA tokens were in circulation just north of 1.49 billion. The current total supply of 2.19 billion MANA is about 68% equivalent. The initial total supply was 2.8 billion MANA but was reduced because of LAND auctions that burnt over 600 million MANA.

Various further burn mechanisms have been established, including MANA burning 2.5% on decentralized and marketplace transactions to further reduce the circulating supply of MANA.

Decentraland Token Price in India (MANA to INR) in 2020

From January to July, the price remained in the range of 1 to 4 INR, where from August the price increased suddenly to 7 INR. The highest all-time high price of Decentraland Token for the year 2020 was recorded on 30th August to be 7.93 INR.

Decentraland Token Price in India (MANA to INR) in 2021

Within January of 2021, the price jumped from 5 INR to 12 INR. In February, the token value increased to 20 INR, followed by March to reach 30 INR. The all-time highest price for the year 2021 is recorded on 16th March to be 77.08 INR.

Decentraland Features

Applications

The decentralized language allows applications, sports, games, and dynamic 3D scenes to be developed. This scripting language can handle various features, including object creation, texture loading, physics handling, user interactions, sounds, payments, and external calls.

Content Curation

In Decentrand, users are gaining mutual interest in neighborhoods. The location close to high traffic hubs will lead users to the content of landowners.

Advertising

Brands can advertise their products, services, and events using billboards near or in high-traffic land parcels. Some districts in Times Square in New York City can become virtual versions.

Digital Collectibles

We hope users will publish, share and collect rare digital assets from their creators on the blockchain. Like in other virtual worlds or online forums today, this digital asset is traded in this world via the scripting system and backed up by the abovementioned naming system.

Social

Currently, gathering groups in online forums, chat bands, or even other centralized games could bring their communities into Decentraland. In Decentraland also offline communities could find space to gather.

Exchange

Price of 1 MANA ~ 600,000 INR
For 100 INR you will get 0.00045 MANA

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