-
Bitcoin $86,830.2539
0.77% - Ethereum
$2,136.2827
0.07% - Tether USDt
$0.9998
0.07% - XRP
$2.4413
1.31% - BNB
$579.6646
0.95% - Solana
$142.1545
-1.48% - USDC
$1.0000
0.02% - Cardano
$0.9107
4.30% - Dogecoin
$0.1972
-0.97% - TRON
$0.2414
5.58% - Pi
$1.7788
6.95% - Hedera
$0.2373
5.01% - Chainlink
$14.3739
-2.75% - UNUS SED LEO
$9.8716
-0.78% - Stellar
$0.2942
-0.85% - Avalanche
$19.9177
-6.21% - Sui
$2.4925
-6.41% - Toncoin
$3.1057
0.33% - Litecoin
$101.6610
-6.66% - Shiba Inu
$0.0...01295
0.05% - MANTRA
$7.0799
-0.50% - Polkadot
$4.2957
-4.61% - Bitcoin Cash
$312.3191
-3.55% - Hyperliquid
$16.8830
-5.21% - Ethena USDe
$0.9990
0.01% - Dai
$0.9999
0.01% - Bitget Token
$4.2483
-0.39% - Uniswap
$6.9527
-4.01% - Monero
$217.8651
-0.88% - NEAR Protocol
$2.8293
-4.48%
What is the issuance and circulation of MANA coins?
Launched on December 16, 2017, MANA coins, with an initial issuance cap of 1 billion, empower users to purchase virtual land, trade assets, and access exclusive events within the Decentraland platform.
Oct 08, 2024 at 03:54 am
1. Issuance of MANA Coins
MANA coins were issued on December 16, 2017, on the Ethereum blockchain. The initial issuance cap was set at 1,000,000,000 MANA coins.
2. Distribution of MANA Coins
50% of the MANA coins were sold in the initial coin offering (ICO). The ICO raised $26 million in Ether (ETH).
20% of the MANA coins were allocated to the Decentraland Foundation, a non-profit organization that governs the Decentraland platform.
30% of the MANA coins were reserved for future distribution, including rewards for developers, community members, and users.
3. Circulation of MANA Coins
As of March 2023, there are approximately 1,892,587,967 MANA coins in circulation. The circulating supply is the number of MANA coins that are currently in the hands of users and investors.
4. Use Cases for MANA Coins
MANA coins are used to perform various transactions within the Decentraland platform, including:
- Purchasing virtual land (LAND)
- Buying and selling assets (NFTs)
- Accessing exclusive events and experiences
- Staking to earn rewards
5. Value and Market Capitalization
The value of MANA coins fluctuates based on supply and demand. As of March 2023, the price of MANA is approximately $0.70.
The market capitalization of MANA is approximately $1.3 billion, making it one of the top 100 cryptocurrencies by market cap.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- CoinEx Announces Slogan Upgrade: "Your Crypto Trading Expert"
- 2025-03-05 04:50:39
- Aave V3 is now live on Sonic, a rapidly growing, high-performance Layer 1 blockchain from the creators of Fantom
- 2025-03-05 04:45:39
- The Dawgz AI Meme Coin Holding Strategy: Should You Sit Tight or Cash Out?
- 2025-03-05 04:45:39
- The Wild Tokens Crashing the Pool Party
- 2025-03-05 04:45:39
- Bitcoin falters as optimism wanes on Trump's crypto reserve plan
- 2025-03-05 04:45:39
- Platform Offers 50% Profit Sharing to QFIN Holders and Eyes 100x Potential by Year-End
- 2025-03-05 04:45:39
Related knowledge
How does NFT Scams alert users to fraudulent activities?
Mar 03,2025 at 05:48pm
Key Points:NFTs' decentralized nature makes them susceptible to scams.Scam detection relies on user vigilance and community reporting.Platforms employ varying levels of security and verification measures.Red flags include unrealistic promises, pressure tactics, and unfamiliar platforms.Users should verify project legitimacy and contract details before i...
How do NFT Licensing Models stipulate the right to use NFTs?
Mar 04,2025 at 01:48am
Key Points:NFT licensing models define the extent to which an NFT owner can utilize the underlying asset.Different licensing models offer varying degrees of control and usage rights.Understanding licensing models is crucial for both NFT creators and buyers to avoid legal disputes.Common NFT licensing models include simple licensing, royalty-based licens...
How does NFT Monetization provide creators with new sources of income?
Mar 05,2025 at 02:49am
Key Points:NFTs offer creators recurring revenue streams beyond initial sales.Monetization strategies extend beyond simple NFT sales, including royalties, fractionalization, and licensing.The decentralized nature of NFTs empowers creators with greater control over their work and earnings.Smart contracts automate royalty payments, ensuring fair compensat...
How does NFT User Experience simplify the use process of NFT?
Mar 04,2025 at 04:25pm
Key Points:NFT user experience (UX) improvements focus on simplifying complex processes like wallet connection, browsing, purchasing, and managing NFTs.Several platforms are implementing intuitive interfaces, streamlined workflows, and educational resources to enhance user accessibility.Integration with popular platforms and services is crucial for expa...
How does NFT Technological Advancements promote innovation in NFTs?
Mar 05,2025 at 04:30am
Key Points:Enhanced scalability solutions are addressing NFT transaction speed and cost issues, opening up new possibilities for mass adoption.Interoperability advancements are breaking down silos between different NFT blockchains and marketplaces, fostering a more interconnected NFT ecosystem.Improved metadata standards are leading to richer, more dyna...
How does NFT Environmental Solutions reduce the carbon footprint of NFTs?
Mar 04,2025 at 11:00am
Key Points:NFT Environmental Solutions focus on minimizing the energy consumption associated with NFT creation and transaction.Several strategies are employed, including utilizing more energy-efficient blockchains, optimizing smart contracts, and carbon offsetting initiatives.The effectiveness of these solutions varies depending on the specific approach...
How does NFT Scams alert users to fraudulent activities?
Mar 03,2025 at 05:48pm
Key Points:NFTs' decentralized nature makes them susceptible to scams.Scam detection relies on user vigilance and community reporting.Platforms employ varying levels of security and verification measures.Red flags include unrealistic promises, pressure tactics, and unfamiliar platforms.Users should verify project legitimacy and contract details before i...
How do NFT Licensing Models stipulate the right to use NFTs?
Mar 04,2025 at 01:48am
Key Points:NFT licensing models define the extent to which an NFT owner can utilize the underlying asset.Different licensing models offer varying degrees of control and usage rights.Understanding licensing models is crucial for both NFT creators and buyers to avoid legal disputes.Common NFT licensing models include simple licensing, royalty-based licens...
How does NFT Monetization provide creators with new sources of income?
Mar 05,2025 at 02:49am
Key Points:NFTs offer creators recurring revenue streams beyond initial sales.Monetization strategies extend beyond simple NFT sales, including royalties, fractionalization, and licensing.The decentralized nature of NFTs empowers creators with greater control over their work and earnings.Smart contracts automate royalty payments, ensuring fair compensat...
How does NFT User Experience simplify the use process of NFT?
Mar 04,2025 at 04:25pm
Key Points:NFT user experience (UX) improvements focus on simplifying complex processes like wallet connection, browsing, purchasing, and managing NFTs.Several platforms are implementing intuitive interfaces, streamlined workflows, and educational resources to enhance user accessibility.Integration with popular platforms and services is crucial for expa...
How does NFT Technological Advancements promote innovation in NFTs?
Mar 05,2025 at 04:30am
Key Points:Enhanced scalability solutions are addressing NFT transaction speed and cost issues, opening up new possibilities for mass adoption.Interoperability advancements are breaking down silos between different NFT blockchains and marketplaces, fostering a more interconnected NFT ecosystem.Improved metadata standards are leading to richer, more dyna...
How does NFT Environmental Solutions reduce the carbon footprint of NFTs?
Mar 04,2025 at 11:00am
Key Points:NFT Environmental Solutions focus on minimizing the energy consumption associated with NFT creation and transaction.Several strategies are employed, including utilizing more energy-efficient blockchains, optimizing smart contracts, and carbon offsetting initiatives.The effectiveness of these solutions varies depending on the specific approach...
See all articles
