MDecentraland / Bitcoin
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$MANA Decentraland Run-Up to Dec. 15 Terraform Event

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A coin burn following the land auction has recently been confirmed. There is currently 110M MANA (and growing) committed to the land auction. How much of the circulating supply does this represent? This is from their founder:

"Check out etherscan.io/token/Decentraland to see total supply. The circulating supply changes depending who you ask, but it's basically the entire pie minus the ~19% held by the team and early contributors, which vests over 3 years, and advisors. Out of the circulating supply, about 20% is held in a community reserve to incentivize content creation and partnerships, other 10% for an employee pool and 10% as an endowment. If you subtract these, then the 110M that are staked to the Terraform represent roughly 10% of the total."

More details can be found at the Reddit AMA -reddit.com/r/decentraland/comments/7j6mbe/decentraland_ama_terraform_event_ama_starts_on/

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