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Decentraland Partners with Squid and Axelar Network

Twitter icon  •  Published 1 year ago on December 8, 2023  •  Hassan Maishera

Decentraland announced via X on Wednesday that it has partnered with Squid and Axelar Network.

Decentraland Partners with Squid and Axelar Network

Decentraland announced via X on Wednesday that it has partnered with Squid and Axelar Network. Squid is a platform that allows users to swap tokens between blockchains and unlocks access to apps across chains. Meanwhile, Axelar is a full-stack interoperability network.  

Thanks to Decentraland’s partnership with the two entities, shopping in the Decentraland marketplace is now easier for users. Squid is powering accessibility and interoperability across Decentraland, empowering players, content creators, and contributors alike, the team added. 

Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. One of the main features of the platform is the ability to purchase land in its virtual reality & build on it. Decentraland’s MANA is up by 1% in the last 24 hours and currently trades at $0.4925.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.