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What is Decentraland (MANA)?

A 2017 token for a virtual world that opened in 2020. LAND is an NFT, not MANA. The supply was not a fixed count. ETH pays the fee.

ECGBy EasyCryptoGuides · Editor · Published · Updated · 2 min read

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First published 20 February 2020, the day the world opened to the public. The token had been live since August 2017. Expanded in October 2026 so a parcel is not described as MANA, and so an old sale post is not described as the supply. Decentraland is a virtual world on Ethereum. Esteban Ordano and Ariel Meilich are the people most associated with starting it. MANA is the token. LAND is a parcel, an NFT with coordinates. A name and a wearable are further NFTs. None of them is MANA. Ethereum without the jargon is the chain. ETH pays the fee. An NFT is a receipt, not a painting in a vault.

The 2017 sale started around 17 August and stopped at a 25 million dollar cap, or after a little over a week, whichever came first. The price rose as blocks passed, so the number of tokens sold was not fixed in advance. The published split was 40 percent to buyers, 20 percent to community incentives, 20 percent to the team and advisors, and 20 percent kept by the project. The whitepaper called the supply fixed, then described a contract that would keep selling more. Claiming land burned MANA. The 2017 figure was 1,000 MANA for one parcel. Later sales have been auctions. Those facts do not add up to a ceiling you can multiply by the price. A burned coin is gone. It is not a dividend, and it does not put a building on the parcel.

A vote is not a deed

The DAO counts MANA, land, and names toward a vote. A vote can spend a treasury. It does not renew your parcel, and it does not make the scene you published into a property right outside the contract. Marketplace fees the project has described go to that treasury. An app can change a fee. The land you hold is the NFT. Sending MANA does not send the land.

MANA on Polygon is not the Ethereum token. Wearables and land have not always lived on the same network. The wrong network is still the wrong city. Nothing here is an instruction to buy a parcel, to vote, or to buy MANA.

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This article is for information only and is not financial advice. Cryptoassets are volatile and you can lose money. See our disclaimer.

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