Transak and Cometh have joined forces to pioneer the first-ever direct fiat-to-Layer 3 blockchain onboarding solution, a rapid offering to market.
This partnership allows users and players to purchase crypto directly on Cometh via credit card. The integration speeds up the process for Cometh’s Cosmik Battle players to purchase Ethereum (ETH) and participate in the NFT marketplace on Muster without intermediaries.
In the past, a user had to navigate through many loopholes to pay or upload money to Cometh’s Arbitrum Orbit, Muster. This partnership eliminates the need for intermediary crypto tokens and complex bridging processes, making the gaming experience and customer transactions much simpler and more efficient, according to a press release from Cometh.
In the game Cosmik Battle, developed by Cometh and deployed on Muster, players can buy crypto with a credit card. This allows them to acquire cards from other players in the game’s marketplace.
The Transak and Cometh partnership simplifies buying crypto with fiat by eliminating middlemen. This collaboration aims to address the issue faced by dApp developers and Layer 3 blockchains by providing a direct method of interaction at the protocol level.
How it works
Users must have a Muster wallet for purchases, but here is the three-step process outlined in the press release.
- Users can buy ETH on Muster L3 directly in Cosmik Battle with Transak One.
- Transak sends the ETH to the user’s smart wallet on Muster via Cometh’s Arbitrum One smart contract.
- The transaction is completed in less than two minutes, giving users quick access to their funds for marketplace activities on Muster.
To interact with the NFT marketplace, users previously had to purchase cryptocurrency on a Layer 2 solution and bridge it to Muster’s chain. This complicated process prevented many users from participating.
About Transak and Cometh
Transak is a leading provider of Web3 payment infrastructure, serving millions of users in 160 countries and supporting more than 350 digital asset transaction platforms.
Cometh is a leading blockchain company that offers a Web3 development platform for embedding Web3 capabilities into games and apps. Their products include SDKs for a biometric wallet, marketplace, NFT checkout, and web3 games like Cosmik Battle.
