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Layer-2

What Is Myria and How to Buy Myria Tokens?

Published on 2023-08-23 08:05:31
4m
Myria Blockchain

Gaming has emerged as a popular application for cryptocurrency and blockchain technology. Myria is a blockchain ecosystem designed specifically for Web3 gaming.

What Is Myria Blockchain?

Myria is a Web3 gaming ecosystem breakthrough – a Layer 2 blockchain (a scaling solution that extends the capabilities of Ethereum through ZK technology) and a game production studio established by gamers for gamers. It offers a wide variety of interesting features and unrivaled scalability. 

Myria was developed to overcome the shortcomings of Ethereum, providing players with rapid transactions that incur no gas fees and free minting of non-fungible tokens. Since Myria can process more than 9,000 transactions per second, it has emerged as one of the most appealing blockchains for any Web3 gaming projects that require speed, security, and decentralization.

Myria has established its very own Layer 2 wallet and NFT marketplace. This was done to ensure that users have a flawless experience when using the platform. This also provides gamers with a comprehensive ecosystem to explore and interact with. Over 250 Web3 projects have been drawn to the platform due to its extraordinary potential, paving the way for rapid expansion. 

Moreover, Myria has a devoted community of over half a million people on its social media platforms, demonstrating the hype around the project.

What Is Myria Token?

Myria is the native token of the Myria ecosystem and can be used in many ways.

Following are some of the applications of the Myria token:

  • Fees for the Protocol: A portion of the fees incurred in each transaction on the Myria network will be settled utilizing Myria tokens.
  • Purchasing Myria Nodes requires Myria tokens, the only accepted form of payment for this transaction.
  • Staking: The beginning of staking will occur following the beginning of the implementation of protocol fees.

Myria token holders can decide how the Myria ecosystem will develop because the Myria blockchain runs according to a community-driven model. Owners of Myria will be granted voting rights, allowing them to take an active role in directing the development of the Myria ecosystem.

Current trading price: $0.001338

Market capitalization: 66.93 million

Total supply: 50.00 billion

Features of Myria Blockchain

Metaverse

Players can communicate with one another, embark on quests, set up their home base, and work with other Myrians to make the world within Myria's metaverse, which will be called Myriaverse. Myria's mission is to broaden the appeal of entertainment gaming while closing the gap between different blockchain games already on the market. The company takes a "game-first" approach to game production to put the player's enjoyment of the game ahead of all other considerations. Players can acquire NFTs through gameplay and are rewarded with $Myria tokens based on their ranks.

The games are powered by the Myria chain, constructed on Ethereum L2, particularly for gaming purposes. Blockchain technology enables the games to use ultra-low transaction fees, in-game asset ownership, and various play-and-earn game mechanisms. 

Myria Studios

Myria boasts its AAA game creation studio, appealing Web3 gaming ecosystem, and cutting-edge Layer 2 blockchain technology. Myria Studios has implemented the "play-and-earn" approach to make blockchain gaming more accessible. Play-and-earn games allow anyone to join and play for free, unlike play-to-earn games, in which players must make an initial investment and purchase a specific digital asset to participate. Play-to-earn games also require players to pay for some in-game items. The first of the several games that Myria Studios is now working to complete is called Metarush.

A Platform For Developers

Myria has built a set of developer tools that expedite interactions with blockchains for developers and let builders make use of Myria's technology. These tools are part of a suite. 

The developer doesn't need to understand smart contracts or the network to complete various activities, such as minting a new non-fungible token, starting a collection, or transferring or swapping current tokens. On Myria L2, developers that can establish a connection to a REST API will have the ability to build, administer, and engage with tokenization projects.9’0

Myria Wallet & Marketplace

Myria enables gamers and fans to participate completely in its thriving ecosystem by delivering all its features on a single platform. This is possible thanks to creating its own Layer 2 wallet and an NFT marketplace.

The Myria Layer 2 wallet provides a safe and convenient way to store digital assets. At the same time, the NFT marketplace acts as a central location for artists and collectors to exhibit and trade the one-of-a-kind works they have created. Myria promotes the mainstream adoption of Web3 games and enables players to fully embrace the benefits of decentralized gaming by simplifying the process of managing and exchanging NFTs.

This is accomplished by streamlining the process. Myria lays the path for a future in which Web3 gaming will be accessible, immersive, and universally welcomed by gamers worldwide thanks to its user-centric approach and commitment to a seamless experience.

How to Buy Myria Tokens?

CoinEx is a global, secure cryptocurrency exchange, trusted by 5+ millions of users worldwide with 100% reserve. With its 700+ tokens supported, including Myria tokens, users can now trade easily and seamlessly. To purchase Myria tokens on CoinEx, follow the steps below.

  1. Create an Account: Start by signing up for a CoinEx account.
  2. Deposit Funds: After logging in, deposit funds into your CoinEx account using any supported cryptocurrencies or deposit methods available on the exchange. Having funds in your account enables you to execute trades seamlessly.
  3. Navigate to Myria Trading Page: Once your account is funded, go to the dedicated Myria trading page on CoinEx. You can find a search box and enter the term Myria to swiftly locate the trading pair associated with Myria tokens.
  4. Choose a Trading Pair: Select the trading pair MYRIA/USDT to trade Myria against USDT (Tether).
  5. Specify the Purchase Amount: Determine the quantity of Myria tokens you want to purchase. Input the amount in the trading interface, which will calculate the corresponding cost based on the current market price.
  6. Execute the Trade: With the specified amount, proceed to execute the trade. Confirm the details, and if you are satisfied, submit the order. 

By following these comprehensive steps, you can easily trade Myria on CoinEx, taking advantage of the available trading pairs.

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