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What to Expect & When – The 12 Days of Christmas,...
All News, Decentraland LAND News, Decentraland News

What to Expect & When – The 12 Days of Christmas, Decentraland Auction Style

The long awaited second Decentraland LAND auction started just a few minutes ago. With emotions, expectations and adrenaline running high, what should you expect from the 12(+?) days of the Decentraland LAND auction?

First of all, if you are still unclear with the format and how the Dutch auction will work, we recommend reading this article first.

All prices correct below as at 10th December 2018. This is just a guideline, and not financial/buying advice. You should always DYOR.

Day 1 – Decentraland LAND Auction

Starting LAND price – 200,000 MANA (currently 3.39 BTC, or $12,000+)

Day End LAND Price – 100,000 MANA (currently 1.7 BTC, or  $6,000+)

Estimated LAND Sales Level ‘Spice-Ometer’:  🍾🥔🥔🥔🥔

With all unowned LAND parcels starting at a cool 200,000 MANA (currently $12,000+), the auction is expected to get off to a slow start, so prepare yourself, patience is key. Spend your time familiarizing yourself with how everything works, so when the time comes, and the LAND you want to buy reaches your target price, you know exactly what to do. This is also a good time to transfer your MANA or other ‘auction friendly’ token, out of the exchanges, and into your MetaMask (or equivalent) wallet.

Day 2 – Decentraland LAND Auction

Starting LAND price – 100,000 MANA (currently 1.7 BTC, or  $6,000+)

Day End LAND Price – 50,000 MANA (currently 0.85 BTC, or  $3,000+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🥔🥔🥔

Considering the current average LAND sale price on the marketplace over the last 7 days has been around $950 (or 0.27 BTC), there are few sales expected again, if any. If you don’t already have an idea of the unowned LAND you would like to buy, now might be a good time to strategically plan out your target LANDS, along with a maximum price you would be willing to pay, inline with your budget.

Day 3 – Decentraland LAND Auction

Starting LAND price – 50,000 MANA (currently 0.85 BTC, or  $3,000+)

Day End LAND Price – 45,000 MANA (currently 0.76 BTC, or  $2,700+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🥔🥔

Day 4 – Decentraland LAND Auction

Starting LAND price – 45,000 MANA (currently 0.76 BTC, or  $2,700+)

Day End LAND Price – 40,000 MANA (currently 0.67 BTC, or  $2,400+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🥔

Day 5 – Decentraland LAND Auction

Starting LAND price – 40,000 MANA (currently 0.67 BTC, or  $2,400+)

Day End LAND Price – 35,000 MANA (currently 0.59 BTC, or  $2,100+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🍓

Day 6 – Decentraland LAND Auction

Starting LAND price – 35,000 MANA (currently 0.59 BTC, or  $2,100+)

Day End LAND Price – 30,000 MANA (currently 0.50 BTC, or  $1,800+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🍓🍓

Day 7 – Decentraland LAND Auction

Starting LAND price – 30,000 MANA (currently 0.50 BTC, or  $1,800+)

Day End LAND Price – 25,000 MANA (currently 0.42 BTC, or  $1,500+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🌶

** BELOW SECTIONS HAVE BEEN REVISED & PRICES UPDATED ON 19/12/2018 **

Day 8 – Decentraland LAND Auction

Starting LAND price – 25,000 MANA (currently 0.34 BTC, or  $1,300+)

Day End LAND Price – 22,000 MANA (currently 0.30 BTC, or  $1,140+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🌶🌶

Day 9 – Decentraland LAND Auction

Starting LAND price – 22,000 MANA (currently 0.30 BTC, or  $1,140+)

Day End LAND Price – 19,000 MANA (currently 0.259 BTC, or  $990+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🌶🌶🌶

Day 10 – Decentraland LAND Auction

Starting LAND price – 19,000 MANA (currently 0.259 BTC, or  $990+)

Day End LAND Price – 16,000 MANA (currently 0.218 BTC, or  $830+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🍆

Day 11 – Decentraland LAND Auction

Starting LAND price – 16,000 MANA (currently 0.218 BTC, or  $830+)

Day End LAND Price – 13,000 MANA (currently 0.177 BTC, or  $670+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🍆🌽

Day 12 – Decentraland LAND Auction

Starting LAND price – 13,000 MANA (currently 0.177 BTC, or  $670+)

Day End LAND Price – 10,000 MANA (currently 0.136 BTC, or  $520+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🌽🌽🌽

Day 13 – Decentraland LAND Auction

Starting LAND price – 10,000 MANA (currently 0.136 BTC, or  $520+)

Day End LAND Price – 7,000 MANA (currently 0.095 BTC, or  $360+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🎅🌽🌽🌽🌽🌽🌽

And one more for good luck….

Day 14 – Decentraland LAND Auction

Starting LAND price – 7,000 MANA (currently 0.095 BTC, or  $360+)

Day End LAND Price – 4,000 MANA (currently 0.054 BTC, or  $200+)

Estimated LAND Sales Level ‘Spice-Ometer’: 🎅🌽🌽🎅🌽🌽🎅🌽🌽🎅🌽🌽

Final Thought

The auction will still continue from here if there are any unsold parcels. It will continue until all remaining LAND parcels reach 1,000 MANA per parcel. It is unexpected for many parcels to make it to much lower levels, but if they do, it will be an amazing Christmas present for anyone lucky enough to grab themselves a bargain!

Good luck to everyone taking part, and enjoy the auction!!

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