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Decentraland 

MANA

Virtual Reality • Ethereum (ERC-20 Token)

Buy MANA
Market data

Virtual Reality

Sector

2020

Published
$581.62M
Market cap

174th

Market cap rank

About Decentraland

What is Decentraland?

Decentraland is a decentralized virtual reality platform and 3D world built on the Ethereum blockchain. Users can freely explore, expand, and interact with the virtual environment. Using the native token MANA, virtual land parcels can be purchased as NFTs (Non-Fungible Tokens), enabling owners to create custom environments, interactions, and applications within the world.

Key data

Founder
Esteban Ordano, Ariel Meilich
Developer
Decentraland Foundation, Community
Published
2020
Open source
Yes
Sector
Virtual Reality
Key feature
Virtual Land

Technology

Blockchain
Ethereum Blockchain
Staking
No
Consensus mechanism
Ethereum (ERC-20 Token)
Energy consumption
Medium
Transactions per second

Community & Links

Social media
607,835 followers
Whitepaper
Whitepaper
Website
decentraland.org

Our Decentraland rating

Review result

Overall rating
Decentraland
Risk
Decentraland: 3 of 10
Risk (Decentraland)
3/10
Decentraland Logo
riskyless risky
Community
Decentraland: 6 of 10
Community (Decentraland)
6/10
Decentraland Logo
smalllarge
Hype & momentum
Decentraland: 5 of 10
Hype & momentum (Decentraland)
5/10
Decentraland Logo
weakstrong
Active usage
Decentraland: 4 of 10
Active usage (Decentraland)
4/10
Decentraland Logo
lowhigh
Network effect
Decentraland: 1 of 10
Network effect (Decentraland)
1/10
Decentraland Logo
weakstrong
Decentralization
Decentraland: 5 of 10
Decentralization (Decentraland)
5/10
Decentraland Logo
centralizeddecentralized

Our opinion

Decentraland launched in 2020 with the initial foundations and mechanics of its virtual world and has since been gradually developed further by the community. The VR game is considered one of the pioneers of “crypto games” and still enjoys significant popularity today. Its virtual land parcels are sometimes traded for impressive sums on NFT marketplaces like OpenSea. Decentraland might, in retrospect, be seen as one of the first steps toward the “Metaverse.” We find Decentraland exciting and intriguing, but remain cautious about investing in MANA. Some players report that the virtual world still feels somewhat dull and lacking in engaging content. Meanwhile, Decentraland is no longer alone in the market and has already faced strong competition from “The Sandbox,” which boasts a rapidly growing community. The competition in the VR worlds space is expected to intensify further in the future.

Our data on cryptocurrencies was last updated on 2025-10-01T15:50:23.614657+00:00. Sources: CoinGecko, defillama.com, coincodex.com.

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