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
Ethereum Price Sees Major Reversal but Smart Money Remains Active

Ethereum's price has reversed most of its gains from April, finding support just above $2,000, while smart money investors remain active in accumulating tokens despite market downturns.

Bitcoin Spot ETFs Face Record Withdrawals Amid Market Losses

Bitcoin Spot ETFs faced significant net outflows totaling 126 billion last week, marking the heaviest withdrawals since January.

Decline in XRP Whale Activity Signals Market Compression

XRP whale activity has significantly decreased, indicating a potential market compression phase.

Concerns Surrounding Ethereum Foundation Spark Debate

Concerns about the Ethereum Foundation's management have led to increased FUD, but development continues through various contributors.

Ethereum Enters a Period of Stabilization Amid Market Instability.

Ethereum has entered a rangebound structure following a strong rally, allowing the market to absorb gains and establish new support levels.

Lingrid Identifies Ideal Buy Zone for Ethereum Amid Market Dip

Crypto expert Lingrid highlights a 'Kill Zone' for Ethereum, suggesting optimal entry points for traders.

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