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.
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.
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.
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.
