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How much is the issuance of mana coins?

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2024-05-07 14:58:06249browse

The total issuance of Mana coins is 21 billion. 1.859 billion were initially issued through token sales. They were divided into four parts: reservation, team share, community sales and land auction, with 7.071 billion and 1.53 billion allocated respectively. 100 million coins, 5.84 billion coins and 5.7 billion coins.

How much is the issuance of mana coins?

Mana Coin Issuance

Mana Coin is a cryptocurrency based on the Ethereum blockchain, created by The decentralized virtual world Decentraland is released.

Issuance details:

  • Total circulation: 21 billion Mana coins

Issuance schedule:

  • Initial distribution: 1.859 billion Mana coins were issued through 2 token sales in August 2017 (accounting for 8.85% of the total issuance).
  • Reserved: 7.071 billion Mana coins (33.63% of total issuance) are reserved for future development and rewards.
  • Team Share: 1.53 billion Mana coins (7.3% of total issuance) allocated to team members, advisors and investors.
  • Community Sale: 5.84 billion Mana coins (27.8% of total issuance) were sold to the public through the community sale.
  • Land Auction: 5.7 billion Mana coins (27.2% of total issuance) are used to purchase virtual land in Decentraland.

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