What is Decentraland?
Decentraland as name suggest it is decentralized virtual reality platform to create, surf, purchase and monetize content and dApps. Originally project was based on proof of concept protocol for providing space for digital real estate implemented on infinite 2D grid under the title of Decentraland’s stone age.
The platform offers digital land which is transverse 3-dimensional virtual space, further it was divided into parcels entity in which is permanently owner by the community user and also can be purchase using Token. MANA it token used in Decentraland marketplace, as per report the lands offer to the million of user and people now monetizing content, where payment settle for purchase goods and services handle by MANA Token with allowing control over application and environment.
MANA token based on ERC-20 Token, where transaction handle by using smart contract of Ethereum Blockchain. The decentraland’s protocol divided into three layers in which consensus layer is used to track content and owner of land, Land content layer for download asset from distributed system and real-time layer to enable access to content seeker with allowing connection with each other.
Decentraland Price Prediction
The possible outcomes for decentraland for this year as per most trade expert is to reaching $0.068 USD till December 2020, with maximum price will be around $0.070 USD and average price will be around $0.052 USD. Decentraland’s lands purchase sales are skyrocketing, where user offered specific space to show their creativity. Recently credit network almost paid around $150k to get spot near main square, which was the first destination after visitor enter into genesis city, so the popularity of genesis city and acquire land increasing day by day, still 80% of lands is still owned by private team and where most of land surface is on sale or can be rented. considering the number popular video games like CSGO, Call of Duty which is based on 3D virtual world will be explore decentraland and they already spending huge money for just playing games, so in this platform user can earn by monetizing their content and more will be great initiative and unique concept that will help to earn huge market cap volume and price may go to the moon.
Decentraland Price Prediction 2020
|Month & Year||Price Prediction in USD|
|August 2020||$0.041 USD|
|September 2020||$0.045 USD|
|October 2020||$0.053 USD|
|November 2020||$0.061 USD|
|December 2020||$0.054 USD|
MANA Price Prediction from 2021 to 2030
|Quarter & Year||Price Prediction USD|
|January 2021||$0.055 USD|
|March 2021||$0.068 USD|
|June 2021||$0.073 USD|
|September 2021||$0.066 USD|
|December 2021||$0.089 USD|
|January 2025||$0.782 USD|
|March 2025||$1.202 USD|
|June 2025||$1.021 USD|
|September 2025||$1.320 USD|
|December 2025||$1.892 USD|
|January 2030||$3.23 USD|
|March 2030||$3.03 USD|
|June 2030||$2.89 USD|
|September 2030||$3.47 USD|
|December 2030||$3.531 USD|
|Total Supply||2,196,624,885 MANA|
|Based on||Ethereum Blockchain|
|All-time high||$0.288857 USD|
|Exchange Platform||OKEx, Binance, Upbit, Huobi Global, LATOKEN, Exrates, Bitso, MXC, Coinbase Pro, Bittrex, BW.com, CoinEx, Gate.io, Alterdice, DragonEX, VCC Exchange, CoinDCX, Poloniex, HitBTC.|
|Wallet||WalletConnect, Land Wallet|
MANA ICO Overview
|Platform used||ERC-20 Token|
|Raised by||$24,140,000 USD|
|Date of ICO||10th August 2017|
|ICO Price||$0.024 USD|
|Partners||Boost VC, Fabric Ventures, Genesis One Capital, Fundamental Labs|
Can Decentraland Reach $1 USD?
Yes, may be somewhere between 2022 to 2023.
How Much Decentraland Worth in 2030?
Will reach $3 USD mark.
Is Decentraland a Good Investment?
The platform already created opportunity to the thousand of creator by providing platform of exploring 3D Reality world. Just like you explore different games like Clash on Clans, PUBG and many more, similar you can with Decentraland you can explore the 3D universe. With the simple concept of Play, Learn, Earn Decentraland is the next big thing in the future of 3D technology, the team is already working on creating next version i.e. iron age. Which expected to bring peer to peer communications that will enable interactive content and also speed of transactions will be faster than ever. the project is continuously focusing on community, as they have also offered free beta version access to their experienced content creator, so can they create more powerful and popular content like Apps, games and videos. this platform has the ability to become next Minecraft or second life in the future.