Purchase MyNeighborAlice (ALICE) with Colombian peso (COP) easily at Switchere and benefit from fast, secure transactions.
MyNeighborAlice (ALICE) is a multiplayer builder game that leverages blockchain technology to create a player-owned virtual world. Built on the Chromia blockchain, it is designed to introduce decentralization to a mainstream audience by combining a friendly farming game theme with robust GameFi mechanics. Players can buy and own virtual islands, collect and build exciting items, and meet new friends. This approach positions it as a key entry point into the metaverse, focusing on community-driven development and user-generated content. The ecosystem ensures players have true ownership of their on-chain assets, which are structured as unique digital collectibles or Non-Fungible Tokens (NFTs).
The ALICE token is the native utility token of this crypto ecosystem, serving multiple critical functions within its tokenomics. As the primary in-game currency, ALICE is used for transactions on the decentralized marketplace, allowing players to purchase virtual land and other digital assets. Beyond its transactional utility, ALICE functions as a governance token. Holders can participate in a Decentralized Autonomous Organization (DAO), voting on platform upgrades and the use of ecosystem revenues. Furthermore, the platform incorporates staking mechanisms, enabling users to lock up their tokens to earn staking rewards and participate in the play-to-earn model by completing quests and events.
The most common method involves using a cryptocurrency exchange that serves the Colombian market and lists the ALICE token. Users typically complete a KYC/AML verification, deposit COP via a fiat on-ramp like PSE (Pagos Seguros en Línea) or a bank transfer, and then trade it for a base currency like USDT before purchasing ALICE. This process ensures a secure trading environment for acquiring this metaverse project's governance token.
Direct ALICE/COP trading pairs are uncommon due to lower liquidity. The standard procedure is to first convert Colombian Pesos (COP) into a highly liquid stablecoin like USDT or a major cryptocurrency like BTC on an exchange. Afterwards, you can use that digital asset to trade for ALICE on the corresponding pair (e.g., ALICE/USDT). This two-step process generally offers better pricing and order book depth.
KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations are mandatory for any regulated exchange that functions as a fiat on-ramp. When you convert COP, a government-issued currency, into a digital asset like ALICE, these platforms must verify your identity to prevent illicit financial activities. This compliance ensures a secure trading environment and bridges the traditional financial system with the burgeoning play-to-earn economy.
The ALICE token is the primary in-game currency used to purchase NFT assets like virtual land and cosmetic items. It also functions as a governance token, allowing holders to vote on platform developments. Furthermore, users can engage in staking ALICE to earn rewards, contributing to the player-owned economy of this Chromia blockchain-based metaverse.
When funding your exchange account with COP, you may encounter deposit fees from the payment processor, such as PSE or Efecty. Subsequently, the exchange will charge a trading fee (maker or taker) for the COP-to-crypto transaction. Finally, if you move your ALICE tokens to a personal digital wallet, a blockchain transaction fee, determined by network activity on the Chromia blockchain or Ethereum (if it's an ERC-20 version), will apply.
For optimal security and to fully participate in the player-owned economy, it's recommended to transfer your ALICE tokens and NFT assets from the exchange to a non-custodial digital wallet. Wallets like MetaMask or a hardware wallet give you sole control over your private keys. This practice of self-custody is crucial for securing your digital collectibles and in-game currency within the MyNeighborAlice metaverse.