Decentraland is a user-owned virtual world where players can build and explore 3D scenes. The world is divided into LAND parcels (ERC-721 tokens), which give owners full control over the environments and interactive applications deployed on their coordinates. The economy is driven by creators who design and sell "Wearables" (digital clothing) and "Emotes" (animations) for avatars, establishing a decentralized marketplace for digital goods.

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The platform has evolved from a browser-based experiment to a high-performance application:

Decentraland 2.0 (Desktop Client): Following its beta, the full Decentraland 2.0 client launched in 2025. Built on the Unity engine, this desktop application replaced the legacy browser renderer. This upgrade significantly improved frame rates, draw distances, and visual fidelity, enabling more complex games and social experiences to run smoothly.

Marketplace Credits (Season 3): To stimulate the creator economy, the DAO introduced Marketplace Credits in late 2025. This incentive program rewards users with non-transferable credits for daily engagement and exploration, which can be used to purchase Wearables from verified creators, effectively subsidizing user activity without inflating the MANA supply.

Mobile Companion App: The ecosystem expanded access with the release of the official Mobile Companion App, allowing users to chat, manage assets, and explore the map (in 2D) without needing a desktop computer.

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The MANA token serves as the reserve currency and governance instrument of the virtual world:

Marketplace Currency: MANA is the exclusive currency for buying LAND, Estates, Wearables, and Emotes.

Deflationary Burn: 2.5% of every transaction on the Decentraland Marketplace is burned (removed from supply), creating a direct link between ecosystem activity and token scarcity.

DAO Governance: MANA holders (and LAND owners) control the Decentraland DAO. This body manages the smart contracts, bans content that violates community standards, and allocates a treasury of over 220 million MANA to fund community grants.

Blockchain: Ethereum (L1) & Polygon (L2 for Wearables)

Token Standard: ERC-20 (MANA), ERC-721 (LAND)

Engine: Unity (Decentraland 2.0)

Total Supply: ~2.19 Billion (Deflationary via Burn)