How many mana coins are there?
- DDDOriginal
- 2024-05-08 13:38:35335browse
The total supply of Mana coins, the native cryptocurrency of the Decentraland virtual world, is 2.19 billion. The token distribution is: initial supply (438 million coins), community sale (438 million coins), and reserve (1.314 billion coins). Mana coins can be used to purchase land, purchase goods and services, participate in governance, etc. in Decentraland. Its value is affected by platform popularity, demand for virtual assets, and cryptocurrency market trends.
The total amount of Mana coins
Mana coins, also known as Decentraland tokens, are native to the Decentraland virtual world Cryptocurrency. The virtual world has a limited total token supply of 2.19 billion.
Mana Coin Token Allocation
- Initial supply (20%): 438 million tokens allocated to Decentraland Founders, teams and early investors.
- Community Sales (20%): 438 million tokens were sold to the public through two community sales.
- Reserves (60%): 1.314 billion tokens are initially reserved in the Decentraland Foundation.
Uses of Mana Coin
Mana Coin has many uses in the Decentraland virtual world, including:
- LANDBUY&DEVELOP: Purchase and customize virtual land.
- Goods and Services: Purchase goods and services in the virtual world.
- Governance: Users holding Mana coins can participate in the governance of the platform and vote to determine the future development of the virtual world.
The value of Mana Coin
The value of Mana Coin is affected by many factors, including:
- Popularity of the Decentraland platform: The more users and activity there are on the platform, the greater the demand for Mana coins.
- Demand for Virtual Land and Virtual Items: Demand for virtual assets will drive up the price of Mana Coin.
- Overall Cryptocurrency Market: The price of Mana Coin is related to the price of other cryptocurrencies and will be affected by larger market trends.
The above is the detailed content of How many mana coins are there?. For more information, please follow other related articles on the PHP Chinese website!