Participate Decentraland ICO Using imToken

Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games. Land is a non-fungible, transferrable, scarce digital asset stored in an Ethereum smart contract. It can be acquired by spending an ERC20 token called MANA. MANA can also be used to make in-world purchases of digital goods and services.

People are spending increasingly more time in virtual worlds, for both leisure and work. This occurs predominantly in 2D interfaces such as the web and mobile phones. But a traversable 3D world adds an immersive component as well as adjacency to other content, enabling physical clusters of communities.Unlike other virtual worlds and social networks, Decentraland is not controlled by a centralized organization. There is no single agent with the power to modify the rules of the software, contents of land, economics of the currency, or prevent others from accessing the world.

Summary

  • Timeline: block 4170700
  • Hard Cap: $25 million USD
  • Increasing Sale: MANA tokens will sell at a price that goes from $0.024 per MANA equivalent to $0.04.
  • Intended use of revenue:Development 50%,Research 20%,Marketing and community dev 15%,Operations and Business Dev 10%,Legal 5%
  • Token distribution: 40% Crowdsale, 20% Community and partners, 20% Team and early contributors, 20% Foundation
  • Sale End: The total amount contributed exceeds the $25 million USD cap, or the launch reaches day number 9 (block 4202097).

imToken ICO Pro Tutorial

Download imToken via https://token.im, then create or import ethereum wallet. Caution! Please backup the wallet after the above operation immediately. Save both the mnemonic and private key in a place that only you can access. Please prepare the ETH in advance to participate in the ICO then you are good to go.

1. Click the ‘ICO Pro’ dapp icon in the “Discover” tab, then click on the Decentraland page.

2. Input the amount, click the “Join ICO” button, confirm to send the transaction.

3. Go to the ‘Assets’ tab after there have been 12 confirmations of your transaction. Click the “+” icon, slide the bar next to the MANA token so it is green. When you return to the “Assets” tab you will see the MANA balance in the main screen.

PC Instructions

On a PC, you can use the ICO DApp by typing in this link: https://ico.token.im/decentraland. You can join the auction easily with Metamask.

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