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Transak and Cometh have joined forces to pioneer the first direct fiat to layer 3 blockchain onboarding solution, a fast offering to market.
This partnership allows users and players to purchase cryptocurrency directly from Cometh using a credit card. The integration speeds up the process for players of Cometh's Cosmik Battle game to purchase ethereum (eth) and participate in the nft market on Muster without intermediaries.
In the past, a user had to jump through many loopholes to pay or load currency into Cometh's Arbitrum Orbit, Muster. This partnership eliminates the need for intermediary crypto tokens and complex bridging processes, making customers' gaming experience and transactions much simpler and more efficient, according to a report. Press release.
In the game Cosmik Battle, developed by Cometh and implemented on Muster, players can purchase cryptocurrency with a credit card. This allows them to acquire cards from other players within the in-game market.
The Transak and Cometh partnership simplifies purchasing cryptocurrencies with fiat money by eliminating middlemen. This collaboration aims to address the problem faced by dApp developers and Layer 3 blockchains by offering a method of direct interaction at the protocol level.
How does it work
Users must have a Muster wallet to make purchases, but here is the 3-step process outlined in the press release.
- Users can purchase eth on Muster L3 directly within Cosmik Battle using Transak One.
- Transak sends the eth to the user's smart wallet on Muster via Cometh's Arbitrum One smart contract.
- The transaction is completed in less than two minutes, giving users quick access to their funds for market activities on Muster.
To interact with the nft marketplace, users previously had to purchase cryptocurrencies in a Layer 2 solution and connect them to the Muster chain. This complicated process deterred many users from participating.
About Transak and Cometh
Transak is a leading provider of Web3 payments infrastructure, serving millions of users in 160 countries and supporting more than 350 platforms for digital asset transactions.
Cometh is a leading blockchain company that offers a Web3 development platform for integrating Web3 capabilities into games and applications. Its products include SDK for biometric wallet, marketplace, nft payment, and web3-enabled games like Cosmik Battle.
