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
Trump Appoints Tech Leaders to Presidents Council of Advisors on Science and Technology

President Trump has appointed notable tech leaders to the Presidents Council of Advisors on Science and Technology.

Bank of America Reinstates Buy Rating for Oracle Stock

On March 24, Bank of America analyst Tal Liani reinstated a Buy rating for Oracle stock with a price target of $200, indicating a potential upside of 30%.

Regulatory Measures Intensify as South Korea Targets Crypto Outflows

South Korean authorities are intensifying regulatory measures to combat illegal overseas crypto transactions and prevent capital flight, including new cooperation agreements and an AI-driven monitoring system.

South Korea Sees Massive Crypto Outflows Amid Regulatory Crackdown

South Korea's Financial Services Commission reports significant outflows of crypto assets to overseas exchanges amidst increased regulatory scrutiny.

Ireland's Criminal Assets Bureau Seizes 500 BTC from Convicted Drug Dealer's Wallets

Ireland's Criminal Assets Bureau has accessed a Bitcoin wallet containing approximately 500 BTC, valued at around 34 million euros, marking a significant breakthrough in recovering assets from a convicted drug dealer.

Hostplus Pension Fund Considers Bitcoin Investment Options

Hostplus, a major Australian pension fund, is exploring the possibility of offering Bitcoin and other digital assets to its members due to high demand.

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