The company behind Decentraland is Metaverse Holdings, developer of a virtual gaming world in the metaverse.
Decentraland is an Ethereum-based 3 Dimensional virtual platform, basically, a Metaverse where you can buy or sell lands/plots.Decentraland
was created by Argentinians Ari Meilich and Esteban Ordano, and has been in development since 2015. When it launched in 2017, parcels of digital land sold for about $20, and mana tokens sold for $0.02. The game's first map, Genesis City, was made up of 90,601 parcels of land.
Decentraland is one of the most prominent virtual worlds in the metaverse, connecting brands, people, companies and organizations in Web3. Governed by the community through the MANA token, owned by the community through land NFTs, the entire Decentraland Foundation works decentralized and autonomous.
Metaverse Holdings has raised a total of $25.5M in funding over 3 rounds. Their latest funding was raised on Jan 1, 2020 from a Venture - Series Unknown round. Decentraland is funded by 9 investors. Digital Currency Group and Animoca Brands are the most recent investors.
The game makes money by issuing and holding its MANA tokens. The platform was able to raise an initial $26 million during its ICO by selling MANA to interested investors. Founded in 2015, Decentraland has become one of the world's leading metaverse platforms.
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