original via Decentraland

Poloniex, a top-15 cryptocurrency exchange by trading volume and subsidiary of Circle, announced Thursday that it is listing Decentraland (MANA), the first virtual reality platform owned by its users.

According to the announcement, deposits and withdrawals are currently live, and trading in USDT, BTC and ETH pairs will be enabled on October 12 at 16:00 UTC.

Decentraland’s virtual reality platform is built on the Ethereum blockchain, where users can purchase digital plots of land, some of which are going for tens of thousands of dollars. This land is represented by non-fungible tokens and the platform is capable of supporting a number of applications, including games.

This listing comes a week after Animoca Brands, a Hong Kong-based mobile game developer, signed an agreement with Decentraland to develop two games for Decentraland’s Ethereum-powered platform. Animoca also invested $500,000 in exchange for MANA tokens.

Poloniex has added a number of top altcoins lately, including Basic Attention Token (BAT), the token behind the Brave browser, and Loom Network (LOOM), a blockchain ecosystem for games and social apps.

MANA is currently up over 11% today, giving the project a $74.4 million market cap, the 73rd largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

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More: MANA joins the Poloniex family
Related: Poloniex Adds Basic Attention Token (BAT) and Loom Network (LOOM)
Photo: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.



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