The development of Decentraland on the Ethereum blockchain has proven that it is more than just capable of revolutionary creations for smart contracts alone.
It is also possible to deploy other decentralized platforms like Decentralized Finance platforms (DeFi), Decentralized exchanges (DEX), non-fungible tokens (NFTs), and GameFi platforms, among others to grow extensively.
This experience in this virtual world of Decentraland accords its users the portal to purchase land, build it, monetize it, and subsequently immerse themselves into the applications, while you engage with the content built by other users.
Some outstanding characteristic that set Decentraland apart from other VR projects is the fact that it gives users the ability to onboard the platform in a decentralized way using the Ethereum network.
This seamlessly makes investing on the platform by the purchase and sales of the virtual lands and properties on the platform possible without third-party intervention.
Decentraland has a market capitalization of over $2.2 billion, and it is ranked number 35 in the total MANAilable coins on Coinmarketcap and ranked number 46 on Coingecko respectively.
What is the MANA token?
MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain.
This also serves as an in-game currency that enables users to use MANA to purchase LAND and also pay for goods and services in Decentraland.
MANA tokens can be purchased from various centralized exchanges, decentralized exchanges, and swap services.
Due to the compatibility of MANA with various ERC-20 wallet platforms, individuals or users can store the MANA token comfortably on Ethereum-compatible wallets such as the Klever Wallet.
MANA is available on Klever Wallet
There is so much that can be achieved with cryptocurrencies that are held in the Klever Wallet.
This is such that users can actually buy and store MANA in the Klever Wallet, no matter where you are on the surface of the earth, from the comfort of your mobile devices in a convenient way.
How can you use MANA in your Klever Wallet?
Sequel to the transformation happening in the Klever Wallet, there are many ways of which users can enjoy MANA on the app.
- Send
The send function of the Klever wallet enables the user to send their MANA to any other MANA Wallet by simply following the steps highlighted below:
- Click on the desired token from your Portfolio in this case MANA.
- Switch to the desired Klever Account to execute the transaction then click on the SEND button.
- Enter the amount you want to send to the recipient, then click on the Next button.
- Click on the Book icon and select an Account or Contact to which you want to send the MANA. Alternatively, you can paste an address from the Clipboard or scan a QR code. Once done, click on the Send button.
- After, you will be redirected to a screen where you can see all the transaction details. When everything is confirmed, click on the Submit Transaction button. Once submitted, a green screen will appear which confirms that the transaction is submitted successfully to the network.
- Receive
In order to receive the MANA token on your Klever wallet, the user would have to perform the following processes in your Klever Wallet:
- Click on the desired token from your Portfolio in this case MANA.
- Switch to the desired Account if you have multiple accounts on the wallet.
- Inside the Account page click on the Receive button.
- On the next screen, you can:
- use the sharing application to share to the desired sender or scan the QR code.
- Alternatively, copy the address to Clipboard, then paste the address inside the sending application.
- Buy
The Klever wallet has made it more convenient for users to use bank cards to buy cryptocurrencies in a seamless way.
Consequently, the strategic partnership between Klever and the world-leading payment processor Simplex.com has enabled Klever users the access to buy Crypto fast and securely inside the Klever Wallet with either a credit or debit card.
However, there are new partners working with the Klever team to expand the frontier of the fiat on-ramp services on the Klever wallet including Moonpay, Mercuryo, Banxa, and Apple Pay.
The process is stated below:
- Click on the settings button (5th from your left)
- Select the buy crypto tab.
- Select the cryptocurrency to be bought (in this case MANA)
- Input the Amount of Crypto you want to Buy or Fiat Value.
- Select Your Receiving Address.
- Input your Card Details & Fill out the Form.
- Upload your Identity Document.
- Wait for your payment request to be approved.
- The token would be credited to your wallet address that is provided.
- Charge
This is another unique feature of the Klever wallet that enables a user to make payments for goods and services in cryptocurrencies without leaving the Klever wallet. The basic steps include:
- Open your Klever wallet
- Select the cryptocurrency to be used for charge (payment)
- Click on the charge button
- Input the amount to be charged (either in MANA or USD value)
- Added a description if necessary and click next
- Scan the QR code stating the amount to be charged
- The user’s wallet address would be charged accordingly.
The Klever Wallet was indeed designed in a simple way for everyone in the crypto space.
However, we would like to continue sharing educational content to encourage our current and potential users to understand the basics of using crypto in the Klever Wallet.
