• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Innovative Partnership between Transak and Cometh

user avatar

by Giorgi Kostiuk

2 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Internet Computer Unveils Improved Privacy and Security Capabilities.

chest

The Internet Computer has introduced new privacy features, including vetKeys and improved user authentication methods.

user avatarElias Mukuru

Ostium Secures $20 Million Series A Funding to Expand Trading Protocol

chest

Ostium Labs has raised $20 million in Series A funding to enhance its decentralized trading infrastructure.

user avatarMaria Fernandez

Ostium Launches Decentralized Exchange for Perpetual Futures Trading

chest

Ostium has launched a decentralized exchange for trading perpetual futures contracts on various real-world assets on the Arbitrum blockchain.

user avatarDiego Alvarez

SEC Greenlights 21Shares' 2x Leveraged SUI ETF.

chest

The SEC has approved a 2x leveraged exchange-traded fund tied to the SUI token, marking a significant regulatory milestone.

user avatarMohamed Farouk

Optimism Fuels Significant Cryptocurrency Transactions.

chest

Optimism's infrastructure supports 15% of all cryptocurrency transactions, enhancing efficiency across multiple chains.

user avatarKenji Takahashi

Silk Road Wallets Transfer $314 Million in Bitcoin After a Decade

chest

Dormant Silk Road wallets have reactivated, transferring $314 million in Bitcoin to an anonymous address, raising questions about market impact and ownership.

user avatarGustavo Mendoza

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.