{"id":292542,"date":"2024-04-30T06:21:00","date_gmt":"2024-04-30T00:51:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=292542"},"modified":"2024-04-30T06:21:00","modified_gmt":"2024-04-30T00:51:00","slug":"transak-enables-fiat-purchases-on-vechains-nft-marketplace-service-supports-gresini-racings-first-collection-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/transak-enables-fiat-purchases-on-vechains-nft-marketplace-service-supports-gresini-racings-first-collection-crypto-news\/","title":{"rendered":"Transak Enables Fiat Purchases on VeChain’s NFT Marketplace Service, Supports Gresini Racing’s First Collection – Crypto News"},"content":{"rendered":"
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Transak\u2019s<\/a> NFT Checkout has made its way on VeChain\u2019s Marketplace-as-a-Service (MaaS)<\/a> (MaaS) platform. The partnership and consequent integration opened fiat-to-NFT purchases for the platform in over 160 countries and at a low purchasing limit of just $0.01 \u2014 an industry first rate. On the heels of the partnership, Gresini Racing<\/a> offered the team\u2019s NFTs<\/a> on the platform, as a part of its collaboration with Transak.<\/p>\n

The partnership with Transak ensures the most simple and seamless checkout solution for Gresini Racing\u2019s largely web2-native community. The combination of VeChain and Transak\u2019s technologies are helping to streamline the use and adoption of blockchain tools, by abstracting away the technical nuances that would otherwise be necessary to perform an NFT transaction.<\/p>\n

MaaS was recently announced<\/a> by VeChain as a new platform that fulfills an important role within the digital asset space \u2014 a no-code NFT marketplace platform that represents both digital and physical products, for use by both individuals and businesses. The platform\u2019s launch is a response to the growing demand for tools that facilitate the onboarding of tokenized real-world assets, streamlining the process for those unfamiliar with blockchain intricacies.<\/p>\n

For sports clubs and racing teams like Gresini Racing, the advent of MaaS coupled with Transak\u2019s Web3-gaming-focused NFT Checkout solution is a game-changer. It opens up new avenues for fan engagement and monetization, allowing them to offer exclusive, tokenized content to a global audience.<\/p>\n

Alessandro Raboni, Head of Growth at Transak, said: \u201cWe are thrilled to partner with Gresini Racing and for their new NFT marketplace launch on VeChain. This collaboration represents a significant leap in Web3 innovations as it effectively connects the world of motorsports with the new ownership-driven internet economy.<\/p>\n

With Transak\u2019s NFT Checkout solution, fans worldwide can now effortlessly purchase NFTs using their preferred payment methods, from as little as one cent to up to seventy-five thousand dollars per transaction. This integration enhances accessibility and promotes a new dimension of fan engagement in motorsports.\u201d<\/p>\n

The partnership also brought into play the concept of \u2018phygitals\u2019, a blend of physical and digital assets made possible through NFC technology. This means fans can own a piece of memorabilia that is both tangible and enhanced with digital features, creating a more immersive and interactive experience.<\/p>\n

Ben Moran, Product Manager at the VeChain Foundation, noted: \u201cThe launch of Marketplace-as-a-Service is a huge achievement for our team, representing a powerful new addition to our tool suite \u2013\u00a0 we can\u2019t wait to see it deployed by users even more widely in the coming years.<\/p>\n

This collaboration with Transak as NFT checkout service provider, allows us to greatly streamline the ease of use for Gresini Racing\u2019s Motorsport fans, and make the whole experience a simple and enjoyable one.\u201d<\/p>\n

About Transak<\/strong><\/p>\n

Transak is a global web3 payment and onboarding infrastructure provider, facilitating seamless transitions between traditional finance and crypto assets. Web3 platforms using Transak can embed the best way to onboard users by enabling them to buy or sell crypto assets from 160+ countries, as Transak abstracts away the complexity of user KYC, risk monitoring, compliance, payment methods and customer support.<\/p>\n

Transak\u2019s product suite includes robust fiat-to-crypto services (On\/Off-Ramps), a fiat-to-smart-contract solution (Transak One), and a fiat-to-NFT checkout solution. As a regulated, non-custodial payments layer, Transak supports onboarding to 170+ crypto assets across 75+ blockchains. Trusted by over 350+ applications, including MetaMask and Coinbase Wallet, Transak is making web3 applications more accessible.<\/p>\n

For more information, visit https:\/\/transak.com\/<\/a> or follow us on https:\/\/twitter.com\/Transak<\/a>.<\/p>\n

About VeChain<\/strong><\/p>\n

VeChain, headquartered in San Marino, Europe, is the curator of VeChainThor, a world-leading smart contract platform spearheading the real-world adoption of blockchain technology.<\/p>\n

By leveraging the capabilities of \u2018trustless\u2019 data (information without intermediaries), smart contracts, and IoT technologies, VeChainThor has enabled enterprise solutions across a wide array of fields. VeChain now turns its attention to the greatest challenge of all \u2014 building digital ecosystems to drive sustainability and digital transformation at global scale.<\/p>\n

Learn more about VeChain on vechain.org<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Transak\u2019s NFT Checkout has made its way on VeChain\u2019s Marketplace-as-a-Service (MaaS) (MaaS) platform. The partnership and consequent integration opened fiat-to-NFT purchases for the platform in over 160 countries and at a low purchasing limit of just $0.01 \u2014 an industry first rate. On the heels of the partnership, Gresini Racing offered the team\u2019s NFTs on […]<\/p>\n","protected":false},"author":2,"featured_media":292544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-292542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/292542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=292542"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/292542\/revisions"}],"predecessor-version":[{"id":292546,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/292542\/revisions\/292546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/292544"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=292542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=292542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=292542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}