Ethereum (ETH)-Based Gaming Blockchain Ronin (RON) Inks Partnership To Simplify NFT and Crypto Purch

A gaming blockchain built over Ethereum (ETH) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets.

According to a new press release, play-to-earn gaming platform Ronin (RON) is inking a partnership with Transak, a platform that lets investors purchase NFTs and the ecosystem’s tokens using debit and credit cards, just like they would purchase anything else online.

“Transak’s fiat-to-crypto infrastructure is now live on Ronin, offering users a seamless way to purchase RON, USDC, WETH (Wrapped Ethereum) and SLP (Smooth Love Potion) directly with fiat currencies using credit cards, debit cards, and various localized payment methods…

In addition to fiat on-ramping, Transak’s NFT Checkout is now integrated into Mavis Market, Ronin’s official NFT marketplace. NFT enthusiasts can purchase digital assets directly using their preferred fiat payment methods, bypassing the need for pre-purchased crypto.

This feature makes the experience as straightforward as any traditional e-commerce transaction – simply select your desired NFT, click ‘Purchase with Card,’ and complete the payment securely through Transak.”

Furthermore, Transak offers other features, such as the ability to purchase NFTs in bulk and in-game microtransactions of NFTs that could be as low as $0.01.

As stated by Transak CEO Sami Start in the press release,

“At Transak, we believe that buying NFTs should be as intuitive as shopping online. That’s why we built the most advanced NFT Checkout in the industry that is specifically useful for the Web3 gaming industry and platforms like Ronin.”

News of the collaboration had little impact on RON as the digital asset is trading for $1.86 at time of writing, a 1.3% decrease on the day.

Featured Image: Shutterstock/WWWoronin/Natalia Siiatovskaia