Is MANA dropping due to the 2.0 "release" ? This proposal has been PASSED by a DAO Committee Member (0xfb1afa4dc069ffb47b19dbee196045d508fcd5a2)

[quote="MetaDogeisme, post:19, topic:23268"] maintaining good value for MANA has NEVER been a goal for the DAO [/quote] Maybe that should change ? It's really a simple equation. Make gamers want to buy MANA, then MANA will go up. Gamers should want to buy MANA in order to interact in Decentraland. There will be ways to interact in Decentraland if there are Content Creators. There will be Content Creators if they can make MANA from their content. MANA is addictive ! If initial swings strike `web3 gold`, Content Creators will want more ! They will create even more intricate experiences to get gamers even more addicted. And gamers will want to buy even more MANA. Thus if the DAO wants to raise the value of MANA, the DAO is forced to conclude that the support of Content Creation becomes _paramount_. The formula should work ! <hr> But the DAO should not be funding content creation directly. The DAO should not be funding "one-shot" content ! One-shot content is not what will convince gamers to stay. It is rather akin to a festival commissioned by the Mayor of a city. The DAO should be supporting the establishment of an _Economy_. Decentraland is a place like no other, it purely and simply is a _Country_ ! <hr> It is _just a little bit_ lost out there in the Wild Web3 West rough-lands for now...

[quote="jar0d, post:16, topic:23268"] It is pretty hard to believe there is actually $25m in daily volume for MANA. I can’t fathom who these buyers are. [/quote] Trading bots, mostly

MANA (along with the greater crypto market) has more or less been trading sideways since August I gotta agree with jar0d here - most MANA holders are strictly speculators and have no idea what's going on with the platform at all. The market is controlled largely by trading bots, many of which are probably basic as shit and buying or selling based on the moving average, or watching for opportunities to benefit from arbitrage

Regardless of whether or not MANA is dropping due to the 2.0 release, the 2.0 release is still a flop. Scrap the whole thing. Start over, either use the freshest Unity available today or switch it to UE.

Is MANA dropping due to the 2.0 "release" ? This proposal is now in status: FINISHED. Voting Results: * Yes, markets say 2.0 is a flop 49% 528,716 VP (11 votes) * No, the markets will turn around 17% 195,119 VP (4 votes) * Lolwut? i was away for a month 1% 9,161 VP (1 votes) * Invalid question/options 33% 361,079 VP (9 votes)

its me. Operator Leezee... i am always in favor of immersive enviornments so I hope to see Level 2 intergration soon to h ave all our media ready to play. But, i will say the new landscape elevation update is nice. getting metas/matic-chain working and fixing the controller would be my first priorities.... well, i"ll be over in the Lower West Side trying to fix up my shoppe now...

Good to see @Ozymandias discussion about MANA. The Mana did not go down just because of Client 2.0, it is because maintaining good value for MANA has NEVER been a goal for both foundation and the DAO. I think MANA need to go a bit more down to finally raise the alert to the foundation that they are running out of money, but if the price staying at 0.3 usd , i dont think they will be ever care about that. Not to mention the DAO...

[quote="jar0d, post:12, topic:23268"] I think disrepsecting the work of the marketing team, and members of the community genuenly enjoying themselves with the product is a bit unreasonable. [/quote] I think it is _just as reasonable_ to consider the members of the community who are _not_ genuinely enjoying themselves here. [quote="jar0d, post:16, topic:23268"] It is pretty hard to believe there is actually $25m in daily volume for MANA. I can’t fathom who these buyers are. [/quote] It is hard to believe that you cannot read a chart. It is more likely that you did not fully try to process the information that has been presented here just quite yet. It may sound painful at first. But the first step in solving a problem is _recognizing it_. You should trust that this problem can still be solved !

[quote="HPrivakos, post:15, topic:23268"] We sold ~1.2M MANA this month, it’s nothing in the grand scheme of the market. [/quote] It is pretty hard to believe there is actually $25m in daily volume for MANA. I can't fathom who these buyers are. But fair point, I suppose my hypothesis that the limited amount of time where there was actually a reason to buy MANA would impact the price movement if there are tens of thousands of idiots buying a token they have no intention of using by the millions.

[quote="jar0d, post:12, topic:23268"] Mana price is dropping because despite Grants being frozen the DAO is selling millions of dollars worth of mana to buy eth. [/quote] We sold ~1.2M MANA this month, it's nothing in the grand scheme of the market. [quote="jar0d, post:12, topic:23268"] Mana went up in the short term because people bought mana to submit items for the wearable contest, and additionally people bought mana to buy those wearables. [/quote] Also very negligible in the grand scheme of things. Even if there was 1000 wearables (which there wasn't), that would have been ~300k MANA, which is nothing for the market, that's what we can sell in one go on Uniswap without impacting the price that much. (and Uniswap has a very very small share of the market.)

[quote="Huepow, post:13, topic:23268"] Have you even got login into the client and try things out? [/quote] It's hard to bring myself to read the rest of your essay when I've logged into the new client just about every day since it launched and have genuinely enjoyed myself while well aware of its flaws and still missing features. I am unclear why you would think that was a respectful way to lead into whatever point you hopefully go on to make

Land prices are dropping because DG is selling all its land. That has to go some where. Mana price is dropping because despite Grants being frozen the DAO is selling millions of dollars worth of mana to buy eth. Mana went up in the short term because people bought mana to submit items for the wearable contest, and additionally people bought mana to buy those wearables. now that there is once again nothing to do with mana other than buy the same wearables you could have bought at any point over the last 2 years, mana is going back down. I think disrepsecting the work of the marketing team, and members of the community genuenly enjoying themselves with the product as USSR tactics is a bit unreasonable.

[quote="pablo, post:10, topic:23268"] driven by the overall altcoin market [/quote] Unlike MANA, the "overall altcoin market" appears to have returned to higher levels from before the drop on the 26th. 

I think 90% of the $MANA price today is driven by the overall altcoin market. I think we, or the Foundation that is who have the funds and resources, should care about having a rich enviroment inside Decentraland apart from the value of the coin; which of course, could be receiving more value if some things were better, we just need to look at statistics and be results-focused to be aware of it. In any case, some people argued that the problem was having an explorer on the web (for me the problem was not the web but regression issues and lack of engagement), let's wait 3 months and look at the numbers and feel if the environment is enriched, entertaining, and attractive for more people and growing. But I doubt the Explorer is affecting the $MANA price too much today, also I doubt that a only new Explorer that just works well will improve many things.

[quote="OnSr, post:7, topic:23268"] I haven’t seen any decent project lasting more than a couple months [/quote] Could that be because you are missing the bigger picture ? Decentraland _itself_ has been in existence for at least **half a decade** already.

No, because DCL's problem isn't the explorer. Alternative clients would otherwise boost user count. Just like SDK7 didn't boost anything. DCL lacks proper advertisement, content to advertise and proper management to stream funds to develop content. We have seen many interesting concepts in DCL but I haven't seen any decent project lasting more than a couple months. Metaverse is supposed to be an alternative to real life but you can't really "do" anything in DCL other than chatting and wandering through "static content". Even DAO doesn't utilize the metaverse aspect of DCL. For example, every discussion is held either on Discord or Spaces.

No. The overwhelming majority of MANA holders have never engaged with the dao, and most are probably unaware it even exists.

The Alpha Testing seemed to indicate something promising was afoot ! And suddenly this unfinished prototype is actually _pushed into production_ ?

Indeed ! As is communicated in @Leandro's report, [quote="leangodotdev, post:1, topic:23245"] Key aspects of the rollout lacked communication and pre-release documentation, impacting the coordination across clients [/quote] The `#private-alpha` channel was set-up as a means to coordinate the _alpha testing_ of a product, there was no communication about it being final steps before a release... Which was a surprise, as standard Software Engineering businesses hardly ever move directly from an alpha testing session to production. And especially not when the product is _clearly_ not ready upon the conclusion of the alpha testing.

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