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