Cometh partners with Transak to allow crypto purchases on layer 3 blockchain

Transak and Cometh have joined forces to pioneer the first direct fiat-to-Layer 3 blockchain participation solution, a market-fast offering.

This partnership allows users and players to purchase crypto directly from Cometh via credit card. The integration speeds up the process for players of Cometh’s game Cosmik Battle to purchase Ethereum (ETH) and participate in the NFT market on Muster without intermediaries.

In the past, a user had to go through many loopholes to make a payment or upload funds to Cometh’s Arbitrum Orbit Muster. According to Cometh’s press release, 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.

In the Cosmik Battle game developed by Cometh and deployed in Muster, players can purchase crypto with a credit card. This allows them to buy cards from other players in the gaming market.

Transak and Cometh partnership makes it easier to buy crypto with fiat by eliminating intermediaries. This collaboration aims to solve the problem faced by dApp developers and Layer 3 blockchains by providing a method of interaction directly at the protocol level.

How does it work

Users must have a Muster wallet to make purchases, but here is the 3-step process outlined in the press release.

Users can purchase ETH from Muster L3 directly within Cosmik Battle using Transak One. Transak sends 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 market activities on Muster.

To engage with the NFT market, users previously had to purchase cryptocurrency through the Layer 2 solution and connect it to the Muster chain. This complex process prevented many users from participating.

About Transak and Cometh

Transak is a leading Web3 payment infrastructure provider serving millions of users in 160 countries and powering more than 350 platforms for digital asset transactions.

Cometh is a leading blockchain company that offers a Web3 development platform for integrating Web3 capabilities into games and applications. Its products include biometric wallets, marketplaces, NFT payments, and SDKs for web3-enabled games like Cosmik Battle.