₿ Explore the crypto world with us...

₿ EXPLORER
Metaverse

Flexa adds These 4 Metaverse Coins

As the Metaverse continues to grow in popularity, cryptocurrency firms are increasingly becoming interested in this market.

Flexa, a crypto payment network backed by Gemini, has announced support for prominent Metaverse coin projectsAxie Infinity (AXS), Decentraland (MANA), The Sandbox (SAND), and Smooth Love Potion (SLP) – as it welcomes American game retailer GameStop to its network. The news was shared via their Twitter account.

Flexa adds metaverse coin projects

Flexa adds These 4 Metaverse Coins

Flexa has recently re-added GameStop to its roster of supported merchants, and its ‘Spedn’ mobile application now allows for transactions using Bitcoin (BTC), Dogecoin (DOGE), and other cryptocurrencies at all GameStop locations across the United States.

Furthermore, Flexa has expanded its support to include prominent Metaverse coin projects, which have made headlines due to their significant gains. Earlier in the week, the company also started supporting key assets in the Non-Fungible Token (NFT) space.

Last week, Flexa integrated Shiba Inu (SHIBA), the second largest meme coin, thereby enhancing its adoption.

Since its inception in March 2019, Flexa has enabled users to utilize Bitcoin and various other cryptocurrencies for in-store purchases.

Its initial group of supported vendors included major names like Whole Foods and GameStop, though both had temporarily been removed from the Spedn app. Starbucks has also conducted trials using the app.

Significantly, Flexa serves as a conduit between merchants and cryptocurrency holders, ensuring that merchants receive cash payments instead of cryptocurrency.

To guarantee instant payments, Flexa uses AMP, an ERC-20 token, as collateral. In the event of a transaction failure, the staked AMP tokens are used to compensate the merchants for any losses.


You may also like this content

Follow us on TWITTER (X) and be instantly informed about the latest developments…

MetaversePlanet

Metaverse Planet is your gateway to the exciting world of artificial intelligence. On this platform, you can find everything related to artificial intelligence:

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Milla Sofia: Fascinating AI Model Shares Striking Visuals 6 Most Followed Cryptocurrencies on Twitter Web 2.0 to Web 3.0 Lacoste Enters Metaverse Artificial intelligence FAQs , About Artificial intelligence Replace your daily applications with AI-powered alternatives ✅ Our Smartphone Applications Discover the Popular Metaverse Coins Binance vs Ethereum Metaverse Ecosystem Founder of Ethereum: Vitalik Buterin How to Enter Metaverse? Gucci Chose Miley Cyrus Avatar for Web3 Fragrance! Those who have been doing Hodl lately are very comfortable. Controversial AI Sensation Milla Sofia Under Fire for Provocative Appearance India’s First Metaverse Wedding: Over 3,000 Guests Celebrate How to Make an Avatar on Instagram? Easy Explanation with Pictures Which Is Your Choice? DOGE or SHIBA ? Fan Token Ecosystem 6 Most Followed Cryptocurrencies on Twitter Top 8 NFT Sales Sites! (Create Paid And Free NFT!) What is Decentraland? (MANA) Coin Before having nft after having This Man Told Everyone To Buy Bitcoin For $1 Just 8 Years Ago Differences between crypto and bank Popular AI Coins