# Decentraland (MANA): D-Score 35/100 — Centralized Leaning

**BlockIndex D-Score: 35/100 (Centralized Leaning).** Decentraland (MANA) is a Layer 2 cryptocurrency using PoS consensus. Decentraland (MANA): Ethereum-based metaverse token powering LAND NFTs, DAO governance, and creator-driven marketplace.

_Source: https://blockindex.ai/coin/mana · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 35 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 20 |
| Age and history | 15 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: PoS (N/A)
- Launch: ICO (2015)
- Founder: Ariel Meilich, Esteban Ordano
- VC funded: Yes
- Max supply: N/A
- Circulating: 1,985,909,567

## Market data (as of 2026-06-19)
- Price: $0.07
- Market cap: $131.32M
- 24h volume: $10.53M
- 24h change: -3.01% · 7d change: -2.19%

## About
Decentraland (MANA) is an Ethereum-based, open-source virtual world that enables users to purchase, develop, and monetize parcels of virtual land (LAND NFTs) and to transact for in-world goods and services using the ERC-20 token MANA. Co-founded by Ariel Meilich and Esteban Ordano in 2015, the project raised funds via a 2017 ICO and has evolved into a DAO-governed metaverse that emphasizes creator-driven content, on-chain ownership and community-led governance. The platform first ran a closed beta in 2019 and opened publicly in February 2020; since then it has continued to iterate on marketplace features, governance tooling and community operations through the Decentraland DAO and the operational entity Regenesis Labs.

Technically, Decentraland separates responsibilities across several layers: settlement and token accounting live on Ethereum (MANA as an ERC-20 and LAND as ERC-721 NFTs), while content rendering and real-time interactions occur off-chain via client applications and third-party services. The smart contracts for MANA are verified on Etherscan, and the token contract shows standard ERC-20 behavior with burn and mint-related functions used historically for LAND auctions and marketplace mechanics. The protocol is open-source in intent with public docs and contribution portals; Solidity is the contract language indicated by the compiler metadata. Decentraland leverages Ethereum’s security and consensus (post-merge PoS), and as an ERC-20 token MANA’s on-chain economic logic is driven by burns (LAND purchases and marketplace fees) and DAO-managed treasury proposals.

In practice, Decentraland’s principal use cases center on digital real estate (90,601 defined LAND parcels), a creator-first marketplace for wearables and virtual goods, and events-driven engagement such as art weeks and conferences that drive short-term demand for in-world services and MANA-denominated transactions. Users buy LAND with MANA (which is burned in the process), create interactive content, and monetize experiences via rentals, ticketing and secondary market sales. Governance is enabled through wMANA (wrapped MANA) which is used for on-chain voting in the Decentraland DAO; recent governance efforts include wallet delegation mechanisms and institutionalization steps such as the formation of Regenesis Labs to execute DAO decisions and audits.

Tokenomics for MANA derive from an initial ICO distribution in 2017 in which approximately 40% of supply was sold, with additional allocations to community incentives, team contributors, and the foundation. The maximum total supply is reported on-chain at roughly 2.193 billion MANA, with circulating supply snapshots in the ~1.9–2.0 billion range depending on the data snapshot. Monetary policy originally contemplated inflationary issuance early on but inflation has been disabled per protocol documentation; supply adjustments today are primarily achieved through burn mechanisms tied to LAND auctions and marketplace fees. Market metrics have varied widely, with an all-time high in late 2021 and typical spot pricing in recent snapshots around $0.13.

Governance and organizational structure blend a foundation (Decentraland Foundation) with an on-chain DAO that controls treasury and proposals. The DAO voting model uses wMANA for one-token-one-vote style participation and the community has approved a range of governance actions in 2025, including wallet delegation and POI guideline updates. Operational capacity has been formalized via Regenesis Labs, a legal/operational body activated in 2025 to implement DAO-approved work, signaling a move toward more structured execution while preserving on-chain proposal and voting flows. Overall, Decentraland represents an established metaverse project with a functioning NFT economy, broad exchange and wallet support, and ongoing governance-driven development.

## Links
- Website: https://decentraland.org/
- Whitepaper: https://docs.decentraland.org/
- GitHub: https://github.com/decentraland

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore