Decentraland

Decentraland is a virtual world built on the Ethereum blockchain where users can own, build on, and monetize parcels of digital land represented as non-fungible tokens. The MANA token is the native currency of that world, used to purchase land, wearable items, and other in-world goods and services. It targets anyone interested in participating in a user-owned virtual environment for social interaction, gaming, or creative expression.

Decentraland does not operate its own blockchain and carries no block time of its own; it settles transactions on Ethereum and also integrates with the Polygon ecosystem for lower-cost activity. MANA is burned when users purchase LAND parcels, removing those tokens from circulation, while the NFTs representing land and avatars live as on-chain assets that users control through their own wallets. The project has no consensus algorithm of its own, relying entirely on the underlying networks for finality.

The data provided does not include a fee revenue stream for Decentraland, so fee-based measures such as fee yield or protocol earnings are not available on this page. The primary economic mechanism visible in the data is token burn tied to in-world purchases rather than a recurring fee collected and distributed by a protocol treasury. The circulating supply stands at approximately 1.96 billion MANA, representing 89.29 percent of the supply that has been issued to date, with a remaining dilution overhang of about 11.99 percent of current circulating supply still to enter the market. Because there is no stated maximum supply in the data, the ultimate ceiling on total issuance is not defined here.