Donation Donation Form | The Giving Block

What is Decentraland (MANA)?

Discover the key facts about Decentraland (MANA).

About Decentraland

Decentraland is an online virtual world designed with the blockchain community in mind. Users can explore the environment and trade digital assets like virtual real estate and NFTs.

True to its principle of decentralization, users can control the rules of its online world by voting on governance proposals. Users will need to own some of its native cryptocurrency token, MANA, in order to make purchases and vote on proposals. Decentaland is free to use and attracts users seeking a more interactive crypto experience.

Suggested further reading:

Why Donate MANA?

Since MANA has appreciated significantly, donating MANA and other cryptocurrencies can save you money on your taxes. Because the IRS classifies cryptocurrency as property, this means you don’t have to pay capital gains tax on your donation and can deduct the amount on your tax return. This is why financial advisors recommend you donate your most highly appreciated assets first. Users who donate and enter their email address will automatically get a compliant tax receipt.

Don’t want your MANA stack to decrease? Repurchase the same amount of MANA afterward and still get the same tax benefits to offset some (or all) of your gains.

Donation Donation Form | The Giving Block Why should nonprofits accept cryptocurrency donations? Less than 1% of nonprofits accept cryptocurrency donations. Fifteen years ago nonprofits were skeptical about credit card donations. Read more
Donation Donation Form | The Giving Block What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
Donation Donation Form | The Giving Block Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more