MANNA Project Overview and Disambiguation
MANNA is a cryptocurrency project whose core vision is to test and promote the concept of Universal Basic Income (UBI). The project aims to distribute UBI subsidies to verified individuals globally through blockchain technology. MANNA was initially launched in 2015 under the name "Grantcoin," later rebranded as MANNA, and is managed and distributed by "Hedge for Humanity," a U.S. 501(c)(3) non-profit organization.
It is important to note that there are multiple projects with similar names in the cryptocurrency space. The MANNA referred to in this article is the Universal Basic Income project token, which is distinct from Decentraland's token "MANA" and other potential meme coins with the same name on the Solana chain.
Technical Architecture and Distribution Mechanism
The MANNA token is an ERC-20 standard token based on the Ethereum blockchain, designed for fast transactions, low fees, and high accessibility. The project previously distributed tokens through its core platform, Mannabase.com. Users could register on the Mannabase platform and claim MANNA daily, thereby practicing the UBI concept.
MANNA Tokenomics and Market Status
According to public data, the total supply of MANNA is approximately 2,361,443,615.29 tokens. However, as of the time of writing, the circulating supply of the token is displayed as 0 MANNA, resulting in a market capitalization of $0.00. Although it once recorded an all-time high of $0.07348, its current 24-hour trading volume is $0.00, indicating that the token no longer has an active trading market and lacks effective transactions.
The fully diluted valuation (FDV) is approximately $1.83 million, but given the current circulating supply and trading volume, this valuation is for reference only and does not represent actual market liquidity or tradable value.
Trading Channels and Risk Warning
Given that the MANNA token currently has zero 24-hour trading volume and zero circulating supply, the token no longer has an active trading market and lacks effective transactions. For any crypto asset, investors should conduct thorough market research and risk assessment before participating, especially for projects with extremely low or stagnant trading volumes, as the investment risk is very high.
