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  • Guides
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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

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    Hype fades as NFT platforms lose users

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    ChatGPT vs X: Who Sees Crypto Narratives First?

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    Why AAA Game Studios Will Eventually Embrace NFTs

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    Blazpay and Onmi AR Unite to Elevate Web3 Gaming Experience

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    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

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Home Gaming

Transak NFT Checkout Now Powers Multi-NFT Buys on Sequence Marketplace Solutions

October 1, 2024
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Transak NFT Checkout Now Powers Multi-NFT Buys on Sequence Marketplace Solutions
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The partnership between Transak and Sequence has been deepened to enhance user experience and streamline the process of buying NFTs in the Web3 gaming space. With Transak’s NFT Checkout, users of the Sequence Marketplace can now purchase multiple NFTs in one transaction and can check out with traditional fiat currencies.

Lowering Barriers to NFT Adoption in Gaming

The spotlight has been shining on NFTs in the gaming sector for their potential to deliver real ownership and one-of-a-kind assets in Web3 gaming. NFTs unlock huge possibilities in gaming: true ownership of digital assets, rare in-game items, and economies designed by players themselves.

READ ALSO

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Why AAA Game Studios Will Eventually Embrace NFTs

But for many people, buying an NFT has been a somewhat complicated affair, with technical obstacles and an often complicated purchasing process discouraging many gamers from trying this new tech.

The partnership between Transak and Sequence seeks to address this issue by offering an easier and faster way to buy gaming NFTs.

Transak’s Integration with Sequence

Sequence is an all-in-one platform designed to help developers integrate Web3 into games, offering solutions for onboarding, monetizing, and retaining players.

With Transak’s NFT Checkout, Sequence Marketplace solutions can bring simplicity and ease to the NFT buying process, giving users the ability to use traditional payment methods like credit/debit cards and bank transfers without holding cryptocurrency. They hope this new kind of user experience will push wider adoption of digital assets in gaming.

As with many NFT checkout solutions, purchasers could only buy one NFT per transaction. Inevitably, this meant that anyone buying multiple NFTs had to pay multiple sets of fees like gas and platform fees. But that’s not the case with Transak’s NFT Checkout. When you buy several NFTs at once with that service, you pay only one set of fees for the whole batch.

See also  BeraTone NFT Avatars Are Now Minting Live on OpenSea

Taylan Pince, Chief Technology Officer of Sequence, commented, “Web3 games desperately need to streamline the NFT acquisition process if they want to reach a mainstream audience. With Transak NFT Checkout, we’re eliminating the friction and complexity, making NFTs accessible to everyone. This is a game-changer for the Web3 gaming industry.”

Transak NFT Checkout Features

What sets this new system apart is that users can now buy lots of NFTs at once, much like adding a collection of items to the cart in an e-commerce store. 

Transak’s NFT checkout offers many additional advantages, such as the multi-tiered verification of Know Your Customer (KYC) compliance, which ensures that the platform’s users are properly vetted and that the NFT marketplace itself is protected from illicit activity. 

For those buying NFTs on the Transak platform in authorized regions, there is also an easy-access KYC option that requires only the user’s name and email address. Additionally, Transak’s system allows for low purchase limits—starting at just $0.01.

Yeshu Agarwal, Co-Founder and CTO of Transak, shared his thoughts on the integration, saying, “We’re thrilled to empower Sequence Marketplace users with the ability to seamlessly acquire multiple NFTs using their preferred currency, all in a single transaction. This is an underrated functionality that would benefit users more than they might realize.”

Enhancing Accessibility in Web3 Gaming

Transak has served over 5 million users across 160 countries and is pushing ever more strongly into its Web3 payments infrastructure. With Transak offering the main fiat-to-NFT flow for Sequence Marketplace, both companies view this collaboration as a step forward for digital assets and accessibility.

See also  The study of the NFT market and integration with gaming

Previously, Transak had integrated its crypto on-/off-ramp into Sequence Kit, which allows any decentralized application (dApp) built with Sequence Kit to benefit from fiat-to-crypto onboarding.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

  • Jason Newey

    Jason Newey is a seasoned journalist specializing in NFTs, the Metaverse, and Web3 technologies. With a background in digital media and blockchain technology, he adeptly translates complex concepts into engaging, informative articles.

    View all posts

Tags: buysCheckoutMarketplaceMultiNFTNFTpowersSequencesolutionsTransak

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Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024

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EDITOR'S PICK

BTC & ETH options expiry triggers $2.63B shakeup amid market pullback

BTC & ETH options expiry triggers $2.63B shakeup amid market pullback

December 21, 2024
Why Bitcoin’s short-term holders may drag price down to $61K

Why Bitcoin’s short-term holders may drag price down to $61K

August 27, 2024
Bitcoin: A surge in US money supply the key for BTC’s next big move?

Bitcoin: A surge in US money supply the key for BTC’s next big move?

June 4, 2024
Why Ethereum’s 77K inflows can spell trouble for ETH

Why Ethereum’s 77K inflows can spell trouble for ETH

April 17, 2025

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