Instant Crypto Exchange Flyp.me Adds MANA (Decentraland) to Its Collection of Cryptocurrencies

in #ethereum2 months ago (edited)

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Just when you thought Flyp.me account-less crypto exchange was going to take a day off, it has gone ahead and just added MANA token, another blue chip crypto asset, to its lineup. To keep things diverse with an eye towards future classic cryptocurrencies, the Flyp.me team sought out the Decentraland (MANA) listing, and it is now live & tradable at Flyp.me.

Nothing says all-in-on-crypto like buying and selling tokens belonging to one of the foremost technologies in the business — blockchain-powered VR gaming. When Decentraland first broke through with headlines about a cryptocurrency-powered virtual reality wherein participants buy, sell, and use blockchain-based virtual items, observers scratched their heads.

Only a few short years later, and Decentraland's MANA token has become one of the pièce de résistance digital assets, signaled in large part by the tokens ascent up the CoinMarketCap charts.

How does a good thing get even better? Flyp.me does not require an account to trade MANA. If you're ready to scoop some MANA and start buying virtual property, head over to Flyp.me and breeze through the simple exchange process.

  • Select the cryptocurrency you will use to exchange, then enter your MANA wallet destination address and the amount to be exchanged.
  • Enter a refund address for the cryptocurrency wallet you are exchanging from (ie. if trading with ETH, enter an ETH wallet address).
  • Send cryptocurrency to the Flyp.me transfer wallet address.
  • Done! Flyp.me will automatically send MANA to your destination wallet.

At no point do you enter your private keys, or give any information other than your public wallet address.

There are tons of cryptocurrencies available today. In fact, there are over 2,000 circulating now. With that in mind, what makes MANA stand out? Simply put, there is nothing else even remotely like it, and here are the reasons why.

MANA — A Token for Decentraland Explorers

The first thing you'll want to be clear on is that Decentraland is a virtual reality world running on a blockchain. While there are other blockchain-based games (think CryptoKitties), Decentraland is the first and only one to combine both a 3D world and virtual reality.

Whereas CryptoKitties is straightforward like Tetris, Decentraland is less of a game than it is an entire world wherein inhabitants forge new lives on the blockchain frontier. The first task at hand when you start in the Ethereum blockchain-built Decetraland world is to acquire LAND, a property asset that entitles you to 16 x 16 meters of space for every LAND you own.

Just like in real life, Decentraland LAND is scarce. So, the more people begin to inhabit Decentraland, the more scarce LAND becomes, and thus more valuable, too.

How does one go about acquiring LAND, or anything else in Decentraland for that matter? By using the world's native currency token, MANA. The Decentraland Marketplace is where users go to buy and sell LAND, goods and other items that one may find useful as they homestead in a virtual world.

MANA Token Burn Keeps Value Up

Every time MANA is spent to buy LAND, 2.5% of those MANA tokens are burned from the supply which permanently removes them. The purpose behind this is to lower the amount of MANA available for purchase, which in turn creates additional scarcity on LAND.

As demand rises for both, the supply will continue decreasing, making for wealthy virtual landowners in the future. Or, at least, that is how the landowners are hoping this all plays out.

They aren't too far off, either. Decentraland's cache within the crypto space has risen significantly since its 2018 ICO, and with it, so have MANA token prices.

Ready to grab some MANA and hope into Decentraland to see what all the hype is about?

Skip the hassle of creating an account by jumping over to Flyp.me, the #1 trusted crypto exchange that doesn't require an account to use!

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