All About Decentraland (MANA)

Decentraland (MANA)was founded by two Argentine entrepreneurs, Esteban Ordano and Ari Meilich, in 2015. Both founders have backgrounds in software engineering and have been involved in various blockchain-related projects prior to starting Decentraland.

Esteban Ordano is the current Chief Technical Officer (CTO) of Decentraland, and is responsible for the platform’s technical development and implementation. He has previously worked as a software engineer at several startups, including Xapo, a bitcoin wallet provider, and BitPay, a cryptocurrency payment processor.

Ari Meilich, the CEO of Decentraland, has a background in design and product development. He previously co-founded and served as the CEO of Delve Labs, a mobile game development studio. He has also been involved in other blockchain-related projects, including the development of the Karmashares platform, which allows users to earn cryptocurrency by sharing content on social media.

Together, Ordano and Meilich have led the development of Decentraland from its early stages to its current status as one of the leading blockchain-based virtual reality platforms. They continue to work towards the platform’s expansion and adoption, as well as exploring new use cases for blockchain technology in the virtual world.

Decentraland is a virtual reality platform built on the Ethereum blockchain. It allows users to create, experience, and monetize content and applications within a 3D virtual world. The platform’s native currency is called MANA, and it is used to buy, sell, and trade virtual land, as well as other in-world goods and services.

Circulating supply of MANA

As of April 17, 2023, the circulating supply of MANA is approximately 1.33 billion out of a total supply of 2.19 billion. MANA was initially distributed through an Initial Coin Offering (ICO) in August 2017, during which 1 billion tokens were sold to early investors, raising approximately $24 million. The remaining tokens were allocated to the Decentraland Foundation, which oversees the development of the platform and manages the distribution of MANA through various initiatives and partnerships.

Decentraland is designed to be a decentralized platform, meaning that users have full control over their virtual assets and experiences. This is made possible through the use of blockchain technology, which allows for transparent and secure transactions without the need for intermediaries. As such, Decentraland represents a new paradigm in online social interaction, where users have more autonomy and agency than ever before.

In addition to its founders, Decentraland has a team of experienced developers, designers, and business professionals working to further develop the platform and grow its community.

The development team is responsible for building and maintaining the Decentraland software, including the client software that allows users to access the virtual world and interact with its various features. The team is also responsible for implementing new features and upgrades, as well as ensuring the security and stability of the platform.

The design team is responsible for creating the various visual and artistic elements of Decentraland, including the virtual landscapes, buildings, and objects that users can interact with. The team works closely with the development team to ensure that the designs are fully integrated into the platform and function as intended.

The business team is responsible for managing the Decentraland Foundation, which oversees the distribution of MANA tokens and the development of the platform. The team is also responsible for building partnerships and collaborations with other organizations, as well as promoting Decentraland to potential users and investors.

Together, the Decentraland team is committed to creating a fully decentralized virtual world that empowers users to create, own, and monetize their own digital assets and experiences. With its unique combination of blockchain technology, virtual reality, and user-generated content, Decentraland represents a new frontier in online social interaction and creativity.

Token Distribution

mana toen distribution
mana toen distribution

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