Samsung makes another deal with a crypto project

By DHEagle | CryptoTent | 8 Aug 2020

Decentraland, a virtual reality platform running on the Ethereum blockchain, and cryptocurrency (MANA) announced an agreement with Samsung's blockchain arm. In the statement made by Decentraland, it was reported that Decentraland joined the Samsung Blockchain as a result of cooperation with the technology giant, so the Decentraland Marketplace application was added to the Samsnug Blockchain Wallet. This allows users to securely store NFTs on Samsung smartphones and trade in LAND and Decentraland NFTs.

NFT, a non-mushroom token, is a form of cryptographic token that represents a unique entity. NFTs, which are tokenized versions of digital or real-world assets, serve as proof of verifiability and ownership in the blockchain network. NFTs cannot be changed and cannot cause scarcity in the digital world. Decentraland Marketplace app is now available and available on the Samsung Blockchain Wallet. Users can open Samsung Blockchain Wallet apps and start processing their digital assets.


MANA price went up

Following the announcement of the development, the price of Decentraland's MANA token saw a double digit increase. Traded at $ 0.040 before the announcement, MANA rose 30 percent to $ 0.052 in a short time.

Samsung rapidly continues its cryptocurrency partnerships. The news that Stellar was integrated into the Samsung Blockchain Wallet came last week. Before that Samsung; He collaborated with Theta, Enjin, Klaytn, Tron and many more cryptocurrency projects.

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