MMOCoin describes itself as a cryptocurrency developed by the MMOPro Community, a gaming community that reportedly consists of 270,000+ registered members. For almost 10 years, MMOPro has operated a friendly forum community that allowed users to seek out like-minded individuals, game together, and trade.
MMOCoin claims to use an environmentally friendly proof-of-stake consensus algorithm and features a tiered staking rewards system, It rewards users of the network for securing the blockchain by staking their MMOCoin. With MMOCoin, gamers are reportedly able to buy, sell, and trade various digital goods and services on the MMOPro Marketplace to enhance their gaming experience. With a built-in escrow service, the project claims that this would mitigate the chances of manipulation and foul play.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.