Decentraland profile
Decentraland Profile (MANA)
Rating: B | Very Good
Balanced Mid Cap
Project Safety Score

Thu, Jan 27, 2022 3:20 AM

B
Rating Very Good
Market Cap $4018150890.4843
24hr Volume $772382922.39154
Price $2.2023241779976
Review

Decentraland

token

Ethereum

Decentraland is an Ethereum-powered virtual reality platform. In this virtual world, you purchase plots of land that you can later traverse, build upon, and monetize. There’s no limit to what you can do. It’s the first digital platform that’s completely owned by its users. Similar to games like Skyrim and Fallout, Decentraland is an all-immersive virtual universe. However, instead of playing on a 2-dimensional screen, you participate in a 3-dimensional world. It seems to be the logical next step before creating full-blown AI-based games in the physical space à la Westworld. Similar groupings on LAND comprise Districts. Districts are basically communities that revolve around a shared theme. For example, there may be a District just for crypto enthusiasts with cryptocurrency apps and services. The Decentraland team is led by Ari Meilich (Project Lead) and Esteban Ordano (Tech Lead). Ordano previously worked at Bitpay as a software engineer and founded Smart Contract Solutions, Inc. Both founders have also worked together in creating Stremium and Bitcore. Decentraland has been around for longer than you may think. The team hit their first development milestone, Stone Age, in June 2015. This was a simple, pixelated grid that allocated pixels to users through a proof-of-work algorithm. Most recently, they held a Terraform Event in which they sold LAND in the new, 3D world. The team has also partnered with district0x, Aragon, and imToken to provide some of their services. MANA is the token used to buy lands in Decentraland. The Blockchain platform can be incorporated in order to buy or sell the various digital assets available in the virtual world. An unclaimed land would have the same market pricing on every exchange possible and precisely the developers are on a hunt for such since as they can build on top of it, and attract lot of popularity. However, one must keep in mind that the land parcels are different from them and each one of them varies according to the various market conditions of that time. Mana can be a great investment and can be bought by trading and with other Bitcoin, Ethereum, or any other prominent cryptocurrency and on some of the most notable cryptocurrency exchanges. Specifically, Binance and Huobi are two of the best cryptocurrency exchanges that one can suggest for trading Mana tokens. The Decentraland coin isn’t a minable cryptocurrency as it is issued on the Ethereum blockchain, unlike Bitcoin and other similar currencies. So users looking to engage in some Decentraland mining will be disappointed. Instead, it was sold during token sales and is now being traded on exchanges.

Read more in the whitepaper:
https://decentraland.org/whitepaper.pdf

Decentraland Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0x0f5d2fb29fb7d3cfee444a200298f468908cc942


Ecosystems.

Decentraland is a part of the following ecosystems.

Decentraland Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Decentraland Safety Report

Decentraland has a safety score of 8.41

Decentraland is a mid cap token.

Decentraland is suited to a balanced investment style.


Decentraland Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

Decentraland Red Flags

There are currently no Decentraland red flags.


Decentraland Development Score

The Decentraland project has 95 active source code repositories.

The most recent commit was Wed, Jan 26, 2022 10:50 PM

  • 1467 Watchers
  • 2729 Stars
  • 1644 Mentionable Users
  • 0 Vulnerabilities
  • 101 commits in the last 28 days.
Highlights:
  • extremely high stars
  • extremely high watchers
  • extremely high mentionable users
  • extremely high repo stars
  • daily repo updates

Decentraland Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Enough of a collection of articles to be just about confident of the sentiment

Decentraland Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Decentraland?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Decentraland has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high reddit articles
  • extremely high hashtag tweets
  • extremely high gitHub account watchers

Decentraland Awareness Score

The awareness score indicates how well Decentraland is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Decentraland is but a good measure of longevity is how well the project is known by the general public.

Overall Decentraland this project is well known by the general public. There are lots of articles and posts in the main stream media outside the crypto currency community.

Highlights:
  • very good number of news articles mentioning Decentraland
  • very high number of headlines about Decentraland
  • average search result total
  • below average number of Decentraland YouTube videos

Decentraland Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Sep 17, 2017)

Decentraland Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • high USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Decentraland Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

MANA
Member Ratings (MANA)

1/5

1 review
Ratings and reviews left by our members do not impact the profile score.

ChinaBearCommunistFaction

Tue, Jan 4, 2022 2:28 AM
It's a scam, no real world use, anyone who is thinking of buying MANA, you will lose it all.
0 0

95%

Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile

Member Signals

1/5

(1 review)
Member Ratings
Market Cap Rank:
31
Voted:
moon
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.

Decentraland Reddit

Decentraland Github

Decentraland News

  • How the Top Cryptocurrencies Performed in 2021

    Fri, Jan 21, 2022 8:12 PM

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  • Metaverse Land Just Sold For $49,200 (20,000 MANA) In Decentraland - Benzinga

    Fri, Jan 21, 2022 8:12 PM

    ...

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  • These 4 Metaverse Cryptocurrencies Plunged More Than 14 ...

    Fri, Jan 21, 2022 6:12 PM

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  • Bitcoin Falls Below $38.5k as More than $860 Million Gets ...

    Fri, Jan 21, 2022 6:12 PM

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  • 1 Massive Catalyst Driving Interest in Metaverse ...

    Fri, Jan 21, 2022 2:12 PM

    ...

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