Innovative Partnership between Transak and Cometh

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Google Cloud's New Service Enhances Key Management Security

Google Cloud's new Multiparty Compute service aims to mitigate risks related to key management in digital asset custody by splitting signing authority among independent participants.

user avatarKofi Adjeman

Google Cloud Launches New Service for Digital Asset Custody

Google Cloud has launched a new Multiparty Compute service to enhance institutional digital asset custody, addressing custody risks and potentially lowering barriers for firms in the digital asset market.

user avatarNguyen Van Long

ACI Worldwide and Circle Launch USDC Settlement Pilot in Colombia

ACI Worldwide and Circle announced a collaboration to demonstrate USDC settlement integration into existing bank payment systems.

user avatarSatoshi Nakamura

Binance Wallets Drained in Major Security Breach

Wallets linked to Binance were drained of at least $55 billion, raising concerns about the security of decentralized exchanges.

user avatarJesper Sørensen

Decentralized Exchanges Facilitate Fund Swaps in Binance Hack

Decentralized exchanges like Uniswap and Aave are being used to swap frozen stablecoins for Ethereum following the Binance wallet draining incident, complicating recovery efforts.

user avatarRajesh Kumar

Bron Joins Hashgraph Association's Global Membership Program

Selfcustody platform Bron has joined the Hashgraph Association's Global Membership Program to enhance its connection with the Hedera ecosystem.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.