Transak and Decentraland Partners to Deploy the first Full Functional Metaverse ATM

David Millar

August 4, 2022

In a masterstroke, the crypto trading giant, Transak, has launched the first fully functional ATM in Decentraland. 

This new development will dial the interoperability for the users to the max as now they will be able to top their crypto wallets while exploring the interactive space of metaverse. To transact, the users just need to make a swift interaction with Decentraland deployed crypto on-ramp and continue exploring the virtual world, having the ability to top-up their wallets whenever they need. 

Decentraland X Transak

It is interesting to note that the users can purchase the crypto assets directly using fiat as the ATM essentially acts as the hyperlink to Transak’s services where global users can purchase cryptocurrencies. Moreover, Transak can automatically sync to the local currency, default to $MANA, and deposit the funds to the DCL-connect wallet. 

Moreover, this news is also monumental for the metaverse, Decentraland, and will increase its accessibility and usability. As Mana is the primary in-game currency used to purchase and sell items within the games, this ATM will increase the ease of use for the gamers. 

According to the developers of Decentraland, the ATM is intended to simplify the user experience, “Just like an ATM in real life, we wanted to give users a more seamless journey while navigating web3,”

Earlier this week, Transak hosted a series of onboarding events on 2nd August at the Airdrop Tower, where experts guided the users on how to use the metaverse ATM while instructing Decentraland landowners to deploy the device within their own parcels. 

Moreover, Decentraland also hosted a public conference on 3rd August to discuss the motive behind this ATM and how it will be beneficial for all users of Decentraland. This development will be especially beneficial for the landowners as it will provide them with additional revenue streams. 

To learn more about the first metaverse ATM, visit https://play.decentraland.org/?position=-7%2C-23