As Metaverse’s popularity grows, crypto companies’ interest in this market is also increasing. Gemini-backed crypto payment network Flexa announced leading metaverse coin projects Axie Infinity (AXS), Decentraland (MANA), The Sandbox (SAND) and Smooth Love Potion (SLP) to celebrate the joining of American game vendor GameStop to the payment network. He announced his support on his Twitter account.
Flexa adds metaverse coin projects
Crypto payment network Flexa has announced that American video game retailer GameStop is returning to its list of supported vendors. Flexa’s ‘Spedn’ mobile app can now be used to pay with Bitcoin (BTC), Dogecoin (DOGE) and other cryptocurrencies at all GameStop’s US locations.
In addition, Flexa announced that it supports leading metaverse coin projects Axie Infinity Shard (AXS), The Sandbox (SAND), Smooth Love Potion (SLP) and Decentraland (MANA). These tokens made headlines multiple times earlier this year for their massive gains. Meanwhile, earlier this week, Flexa also started supporting some of the biggest assets in the Non Fungible Token (NFT) ecosystem.
cryptocoin.com As reported, the second largest meme coin, Shiba Inu (SHIB), was integrated by Flexa last week, delivering a massive adoption boost to the best performing cryptocurrency of the year. Launched in March 2019, the Flexa payment network allowed its users to spend Bitcoin and several other cryptocurrencies in physical stores. Supermarket chain Whole Foods was initially on the list of supported vendors along with GameStop, but both companies later disappeared from the Spedn app. Starbucks has also joined the trial of the app.
It is worth noting that traders still receive cash rather than crypto, as Flexa acts as an intermediary between them and crypto holders. Flexa uses AMP, an ERC-20 token, as collateral to process instant payments. In the event of an error, merchants receive staked AMP tokens that cover their losses.
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