Transak and Cometh have come together to introduce a groundbreaking solution that allows users to purchase cryptocurrency directly on Cometh using a credit card. This partnership revolutionizes the market by offering a fast and efficient process for players in Cometh's game, Cosmik Battle, to buy Ethereum and participate in the NFT marketplace on Muster without intermediaries. Previously, users faced complexities in making payments or depositing currency to Cometh's Arbitrum Orbit, Muster. However, this collaboration eliminates the need for intermediary crypto tokens and complex bridging processes, simplifying both the gaming experience and customer transactions. The alliance between Transak and Cometh aims to streamline the purchase of crypto with fiat by eliminating intermediaries and providing a direct protocol-level interaction for dApp developers and Layer 3 blockchains. The process requires users to have a Muster wallet for purchases, and the press release outlines a 3-step process for buying ETH on Muster L3 within Cosmik Battle using Transak One. Transak facilitates the transfer of ETH to the user's smart wallet on Muster through Cometh's Arbitrum One smart contract, completing the transaction swiftly in under two minutes for marketplace activities on Muster. Previously, users had to engage in a complicated process of buying cryptocurrency on a Layer 2 solution and bridging it to Muster's chain to access the NFT marketplace, discouraging many from participation. Transak, a key player in Web3 payments infrastructure, serves users across 160 countries and powers digital asset transactions on numerous platforms. Cometh, a leading blockchain company, offers a Web3 development platform enabling the integration of Web3 capabilities into games and applications, including SDKs for a biometric wallet, marketplace, NFT checkout, and Web3-enabled games like Cosmik Battle.
Innovative Partnership between Transak and Cometh

by Giorgi Kostiuk
2 years ago

Other news
Drift Protocol Exploit Raises Alarms Over North Korean Infiltration

The recent $280 million exploit of Drift Protocol has been linked to a North Korean state-affiliated group, highlighting ongoing infiltration tactics.

US Equity Futures Decline Amid Market Uncertainty

US equity index futures declined as market participants reacted to escalating geopolitical tensions and awaited critical economic data.

Concerns Rise as North Korean Developers Infiltrate DeFi Projects

Concerns rise as North Korean-linked developers infiltrate over 40 DeFi projects, raising insider risk issues.

Wells Fargo CEO Assesses US Economic Strength Amid Iran Conflict

Wells Fargo CEO Charles Scharf assesses the strength of the US economy amid the ongoing war in Iran, highlighting strong consumer spending, employment, and wage growth.

Kite Shows Signs of an Emerging Bull Run

Kite is showing signs of a potential breakout that could lead to significant price increases.

Chainlink Reserve Expands, Tightening LINK Supply

The Chainlink Reserve has significantly increased, adding over 137,004 LINK valued at $117 million, tightening the supply and potentially supporting price movement.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter