Payment infrastructure provider x.com/Transak” target=”_blank” rel=”noopener”>Transaction has integrated Transak nft Checkout with x.com/0xsequence” target=”_blank” rel=”noopener”>Sequence Marketplace Solutions, which allows users to purchase multiple nfts using fiat currencies in a single transaction.
This move follows a previous collaboration where Sequence integrated Transak's crypto on- and off-ramp into its Sequence Kit, allowing any dApp created with the kit to benefit from Transak's simplified onboarding process.
Now, Sequence is taking another step to further optimize the accessibility of digital assets and support the broader goal of bringing web3 games to a mainstream audience.
Moving towards broader adoption
This new development aims to make nft transactions simpler by offering familiar payment options such as credit cards and bank transfers, eliminating the need for cryptocurrency and is expected to address some of the key challenges associated with the adoption of the web3 games, particularly the complexities around acquiring nfts. .
“Web3 games desperately need to streamline the nft acquisition process if they want to reach a mainstream audience,” said Taylan Pince, chief technology officer at Sequence. “With Transak nft Checkout, we are removing friction and complexity, making nfts accessible to everyone. “This is a turning point for the web3 gaming industry.”
One of the standout features of this new integration is the ability for users to purchase multiple nfts at once. Traditionally, nft buyers would have to make individual transactions for each nft, often incurring transaction and platform fees. With this update, users can add multiple nfts to a cart and complete the transaction in one go, reducing costs and making the process more efficient.
This feature aims to simplify the user experience, offering a system more similar to traditional online shopping platforms, where several items can be purchased together.
“We are thrilled to provide Sequence Marketplace users with the ability to seamlessly purchase multiple nfts using their preferred currency, all in a single transaction,” said Yeshu Agarwal, co-founder and CTO of Transak. “This is an underrated functionality that would benefit users more than they realize and we are happy to be the first to bring this innovation to market.”
Security and compliance
In addition to streamlining the purchasing process, Transak nft Checkout includes multi-level Know Your Customer (KYC) protocols to ensure regulatory compliance and protect against fraud.
For eligible users, the system offers a “light KYC” option, which allows onboarding with just basic details like name and email address, making it a faster process.
Additionally, users can make purchases starting at $0.01, lowering the barrier to entry for those looking to explore nfts.
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