Benefiting content creators, players, and contributors alike, the Decentraland Marketplace has embraced a significant upgrade with Squid, the cross-chain liquidity layer powered by Axelar, to make shopping on the platform more easily accessible than ever.
All Decentraland users can now snatch up any NFT listed on the marketplace using both Polygon and Ethereum, provided they have some to spare.
Shopping in the Marketplace is now even more accessible. 🛍️
— Decentraland (@decentraland) December 6, 2023
Seamlessly Swapping NFTs with Squid
Squid’s role in simplifying the shopping experience on the Decentraland Marketplace involves enabling cross-chain token trading when purchasing an NFT. When users buy an NFT using a crypto asset that’s not Decentraland’s native currency, $MANA, it seamlessly routes the order to its supported chains (Polygon and Ethereum).
Here’s a step-by-step guide to help understand the logistics behind this cross-network immersion:
Users must connect their wallets (MetaMask, Fortmatic, WalletConnect, or Coinbase Wallet) once logging into the Decentraland Metaverse using either a desktop or mobile device. Then, click on the “Collectibles” tab to explore virtual items for sale, using search options and filters for ease of use. Once finding an NFT, it’s vital to press the “Buy with Crypto” button (recently changed from “Buy with $MANA”) for them to select their preferred currency. Lastly, they can review their orders, switch blockchain networks if necessary, and easily confirm the purchase once satisfied. Their new NFTs will be found in their wardrobes, ready for use, within just seconds.
As Decentraland continues to grow, this enhancement enriches convenience and accessibility for the Metaverse’s vibrant community.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.