What is the issue price of MANA coins? Introduction to the issue price and issue quantity of MANA coins

155-character sentence:Decentraland's native cryptocurrency, MANA, was initially issued at $0.024 during its ICO, with a total of 2.19 billion MANA coins created, 10% of which were allocated to the team and advisors.

Oct 06, 2024 at 02:29 pm

Understanding the Issue Price and Quantity of MANA Coins

1. What is Decentraland?

Decentraland is a decentralized virtual reality (VR) platform built on the Ethereum blockchain. It allows users to purchase and develop virtual land parcels as non-fungible tokens (NFTs), and to create interactive experiences within them.

2. What is MANA?

MANA is the native cryptocurrency of Decentraland. It is used for transactions within the platform, such as buying land, accessing premium content, and paying for goods and services.

3. MANA Coin Issue Price

MANA was issued at a price of $0.024 during its initial coin offering (ICO) on September 14, 2017.

4. MANA Coin Issue Quantity

A total of 2.19 billion MANA tokens were issued during the ICO, out of which 10% (219 million MANA) were allocated to the team and advisors.

5. Current Market Price

As of February 23, 2023, MANA is trading at approximately $0.68, representing a significant increase from its issue price.

Summary

The issue price of MANA coins during the ICO was $0.024. A total of 2.19 billion MANA tokens were issued, with 10% allocated to the team and advisors. As of February 23, 2023, the market price of MANA is approximately $0.68.

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