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The issuance price and total issuance of MANA coins are understood in one article
MANA's issuance price was $0.02 in its 2017 ICO, and its finite supply of 1 billion coins has been allocated for different purposes, including sales to the public and reserves for the team and partners.
Oct 08, 2024 at 11:06 pm

Understanding the Issuance Price and Total Issuance of MANA Coins
1. Issuance Price
- The initial issuance price of MANA was $0.02 during its initial coin offering (ICO) in 2017.
2. Total Issuance
- There is a finite supply of MANA coins, with a total maximum issuance of 1 billion (1,000,000,000) MANA.
3. Allocation of Total Issuance
The total issuance of MANA coins has been allocated as follows:
- Sale to the public (ICO): 40% (400,000,000 MANA)
- Reserved for the team and company: 40% (400,000,000 MANA)
- Partner and strategic reserve: 20% (200,000,000 MANA)
4. Burn Mechanism
- MANA employs a burn mechanism called the "MANA Burn," which reduces the total supply of MANA coins.
- A portion of the transaction fees collected on the Decentraland platform are burned, effectively removing them from circulation.
5. Current Market Cap
- As of [date], the market capitalization of MANA is [current market cap].
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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!
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