Ronin Network, a sidechain designed for the Axie Infinity game, has partnered with the Transak platform. Players can now purchase non-fungible tokens (NFTs) and in-game assets using traditional currencies. Familiar payment methods, including credit cards and Apple Pay, are supported.
How It Works
The integration of Transak into Ronin overcomes the challenges associated with purchasing cryptocurrency. Previously, users had to buy crypto assets first and then use them to pay for NFTs or in-game tokens. This new approach eliminates that step, making the process more accessible and user-friendly.
Transak has reportedly implemented its NFT Checkout service on Ronin’s Mavis Market. This allows users to buy RON tokens, USDC stablecoins, wrapped Ether (wETH), and Smooth Love Potion (SLP) tokens with fiat. The process is simplified to the maximum: select the asset, provide your Ronin wallet address, and pay using a convenient method.
Benefits for Players
With a minimum purchase limit of just $0.01, players can easily make microtransactions. This is particularly relevant for games where in-game items and bonuses often cost small amounts. The new feature also allows users to buy multiple NFTs in a single transaction.
Etienne Gandon, Transak’s Partner Manager, highlighted that collectible tokens enhance player engagement and demonstrate digital ownership of assets. He sees this as a vital step in popularizing NFTs, which he believes are still undervalued by the broader audience.
The Development of the Ronin Ecosystem
Ronin Network, developed by Sky Mavis, continues to grow as a blockchain platform for gaming. With over 680,000 active wallets daily and NFT transaction volumes exceeding $4 billion, the network is solidifying its position as a leader in Web3 gaming.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.