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Canadian crypto exchange Bitbuy has great news for their customers: they have recently increased the number of total coins that can be traded here to 17, with the addition of Decentraland (MANA) and USD Coin (USDC)! This gives Canadian users who prefer to use their own currency for purchases new options when it comes to crypto trading and expanding their portfolio — all this through a regulated exchange with strong banking relationships that enable excellent fiat onramp. What more could you ask for?
While expanding your portfolio usually means not keeping all your eggs in one basket and tends to be a good idea overall, it is even better to know what it is you’re choosing to invest in before committing to it. On that note, here’s the lowdown on Decentraland.
Decentraland is basically a blockchain game, at the very base of it: users can create, travel, and monetize experiences, content, and applications. All of this is done through a virtual reality (VR) experience, which ensures complete immersion on the end of the user. The 3D land — that’s decentralized, hence the name of the project, thanks to the blockchain nature — is permanently owned by the community. It’s a new universe in the best sense of the word: you can participate in it, changing your life as much — or as little — as you want without ever leaving the comfort of your home.
The decentralized autonomous organization (DAO) behind the project is the entity that
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