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
NYDIG in Talks to Acquire Alcoa's Massena Smelter for Bitcoin Mining

NYDIG is in advanced negotiations to acquire the Alcoa Massena East smelter site for Bitcoin mining, expected to close in mid-2026.

Digital Firms Acquire Retired Industrial Sites for New Operations

The trend of repurposing retired industrial sites for digital operations is gaining momentum, with companies like TeraWulf and NYDIG acquiring shuttered smelters.

Poland's Parliament Fails to Override Presidential Veto on Crypto Legislation

Poland's Parliament failed to override President Karol Narcowski's veto on cryptocurrency legislation, deepening tensions between the legislative branch and the presidency.

Bitcoin Shows Divergence Between Institutional and Retail Investors

A recent analysis by XWIN Research Japan highlights a significant divergence in Bitcoin investment behavior between institutional players and retail investors, suggesting potential for price growth.

Geopolitical Tensions Impacting Crypto Market Amid US-Iran Conflict

The ongoing US-Iran conflict has led to instability in the geopolitical landscape, affecting global financial markets and the cryptocurrency market.

Surge in Online Investment Fraud in Hong Kong

Surge in online investment fraud cases in Hong Kong, with over 80 reported in a week and losses exceeding HK80 million.

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