What is Decentraland (MANA)
Decentraland is a decentralised virtual world (metaverse) based on the Ethereum blockchain, divided into around 90,000 digital plots of land (LAND). MANA is the crypto-asset that governs the exchange of goods between users: it is used to buy land and items and for activities within the platform.
How it works: the role of the DAO
A distinctive feature of Decentraland is governance entrusted to a DAO (Decentralized Autonomous Organization): those who hold MANA (and LAND) can make proposals and vote on the platform’s development, from usage policies to technical updates. The project is overseen by the Decentraland Foundation and has been open to the public since February 2020. Within it, users can socialise, visit places and start activities.
Price performance and context
In 2025 MANA recorded a marked decline, falling from around $0.50 in early January to significantly lower values by year-end. The trend depends on many factors, including general interest in the metaverse, which has declined compared with the 2021 peaks. Past performance is not a guarantee of future results.
What it is and how it started
Decentraland was launched by developers Esteban Ordano and Ariel Meilich: the idea arose in 2015 and in 2017 an ICO raised 86,206 Ether to fund development, evolving from a simple 2D software to the current 3D world.
Decentraland Market Data
Learn More in the Academy
From Web3 basics to decentralised finance. Access guides and insights tailored to every level, and navigate the crypto market with confidence.
Buy Decentraland in 3 steps on Young Platform
What does the Young Platform do?
Young Platform is the Italian platform for the crypto-asset world. Since 2018, we have been working from Turin to make buying and selling crypto-assets a clear and accessible experience — whether you are taking your first steps or trading regularly. Over 2 million users have already chosen us (as of June 11, 2026). Our shareholders include Azimut, United Ventures, and Banca Sella, among others. For details on our updated corporate structure, please visit the official page on our website.
Check out the Top movers
Discover the cryptocurrencies with the biggest price changes over the last 24 hours.
