Sw0o0o0sh

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

Long
Sw0o0o0sh Updated   
BITTREX:MANABTC   Decentraland / Bitcoin
Goal: 0.00001000 by 12/15 8pmGMT.

blog.decentraland.or...-corner-bdda6a2d4367
Comment:
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 -https://www.reddit.com/r/decentraland/comments/7j6mbe/decentraland_ama_terraform_event_ama_starts_on/
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