The total amount of mana coins issued

The total issuance amount of Decentraland’s native cryptocurrency MANA coin is 5 billion. The initial issuance amount is distributed to ICO, team, ecosystem participants and Decentraland Foundation according to the distribution ratio, and will be distributed from August to September 2017. ICO will be held every month. The current circulating supply is approximately 1.874 billion, and users can use MANA coins to purchase land, trade assets and participate in governance.

Total issuance of MANA coins

MANA coins are the native cryptocurrency of the decentralized virtual world platform Decentraland . Decentraland has issued a limited number of MANA coins, and its total issuance is:

5,000,000,000 MANA

Issuance Allocation

The initial issuance of MANA coins is distributed as follows:

• 22.2%: Initial Coin Offering (ICO)
• 40%: Team and Advisors
• 20%: Ecosystem Participants
• 17.8%: Decentraland Foundation

Issue Schedule

The Initial Coin Offering (ICO) of MANA Coin was held from August 17 to September 24, 2017. During this period, a total of 820,000,000 MANA coins were sold.

Current circulation volume

As of February 28, 2023, the current circulation volume of MANA coins is approximately:

1,873,810,039 MANA

Uses

The MANA coin has multiple uses within the Decentraland ecosystem, including:

• Purchase land: Users can use MANA coins to purchase virtual plots in Decentraland.
• Trading virtual assets: MANA coins can be used to trade in-game items, wearables, and virtual items.
• Governance: MANA coin holders can participate in the governance of Decentraland and vote on the future development direction of the platform.

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