Breaking News
Investing Pro 0
🙌 It's Here: the Only Stock Screener You'll Ever Need Get Started

Decentraland (MANA): Price Updates, Recent Developments, Community, Future Events

Published Aug 09, 2021 12:00AM ET Updated Aug 09, 2021 12:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
Decentraland (MANA): Price Updates, Recent Developments, Community, Future Events
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio

  • Decentraland is molding the role metaverses play in user’s digital interactions
  • A new communication protocol will enable broader communication outreach for Decentraland players.
  • Global enterprise Coca-Cola (NYSE:KO) is using Decentraland’s influence to diversify its marketing channels.

Building and populating a virtual metaverse seems to be a page from a sci-fi book. However, Decentaland and other blockchain protocols are already building the infrastructure for the virtual world. Similarly, Facebook (NASDAQ:FB) has announced they will be looking to develop “the next generation of the internet,” as the company considers the virtual world as the “ultimate expression of social technology.” Until then, Decentraland is driving the metaverse blockchain innovation.

Evolving and Surprising At Most

The proposed value of Decentraland is to create an environment that mimics our daily interaction in the digital world. Their solution is developed through blockchain technology. The growth of the NFT sector aided the protocol in becoming “the most developed and fastest-growing virtual land investment,” according to Ben Piven of Al Jazeera. One land plot broke the record, selling for $913,228.

Land ownership is not Decenrealanad’s only user incentive. The protocol has radically changed how digital interactions occur and helped develop a digital society that mirrors the current offline society.

Global enterprises acknowledge virtual realities as a locus for community building, especially among the Gen Z generation. Therefore, Coca-Cola has launched their first NFT called “The Friendship Box” through a metaverse event. Every digital asset in the box can be used or worn within Decentraland. Moreso, NASA will use the Decentraland protocol to recreate the Apollo 11 landing and help “expose a whole new generation to the excitement of space.”

Furthermore, Australian artist Alison Wonderland launched an event on Decentraland, a more common occurrence on the protocol, after To The Moon, as part of the Decentraland Art Week. Alison Wonderland followed up with a blockchain project titled WonderQuest, where NFT dragon eggs permit “virtual fantasy realm” interactions.

In addition, the protocol is seeing more established brands access NFTs and use Decentraland to create exposure. Playboy partnered with SuperRare for an NFT during the Decentraland Art Week, while TrustSwap has become the first decentralized network to build a virtual headquarters in Decentraland.

On The Flipside

  • Decentraland is not the only blockchain to create a metaverse as other protocols such as The Sandbox target a similar market.
  • Metaverses have been disconsidered by blockchain advocates until NFTs have created a gold-rush mentality.
  • Complete metaverse immersion will only come into play when global tech enterprises see their value.

Proposing More Interaction

Decentraland proposed a communication protocol update to enhance user interactions. Since Decentrland launched, players entering the metaverse were restricted from interacting with a “fraction” of players located in the same network. The upcoming upgrade will support wider communication to create a scalable world, such as facilitating larger digital festivals.

The Archipelago update changed the coding structure from layers to communication islands as per a Decentraland blog post. The difference is that islands consider the user’s location, allowing cross-world interaction as players migrate from one place to another. Thus, interactions will be possible with people within your area, and pre-existing communication rules will not condition players.


Decentraland mirrors society’s demands for moving towards virtual reality. Within Decentraland, users are assumed to be able to perform many societal tasks. In addition, the platform has created a marketplace where users can buy, sell and trade NFTs, creating an economic incentive for avatars to become unique and personalized.

The protocol’s native currency MANA is currently trading at $0.703 according to CoinMarketCap, down 55% since its all-time high of $1.63. Moreover, the network is expected to grow as more companies continue to view Decetraland as more than just a blockchain pilot.


Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Decentraland (MANA): Price Updates, Recent Developments, Community, Future Events

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your profile, will be public on and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email