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NFTs

Transak Backs Fiat-NFTs on VeChain, Fuels Gresini Racing’s First Crash

TokenTalk Staff

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Transak Backs Fiat-NFTs on VeChain, Fuels Gresini Racing’s First Crash

Transak, a global leader in payment and web3 integration, now allows users to convert fiat currency into NFTs on the VeChain Marketplace-as-a-Service (MaaS) platform.

Users from more than 160 countries can trade traditional currencies for NFTs, with transactions starting from one cent – ​​a notable industry achievement.

MotoGP World Championship team Gresini Racing is among the first to benefit from the Transak-VeChain partnership by releasing 10,000 NFTs in MaaS.

With Transak’s checkout solution, fans around the world can easily purchase NFTs using a variety of payment methods, offering greater accessibility and opening new avenues for fan engagement in motorsport and beyond.

Source: VeChain (Gresini market)

Driving Fan Engagement

Transak offers several services beyond its fiat transactions for NFTs, including non-custodial payment options for multiple cryptocurrencies. Its partners impressively include industry leaders such as MetaMask and Coinbase Wallet.

VeChain, on the other hand, excels in blockchain technology, providing business solutions focused on sustainability and digital innovation. Its MaaS platform is a no-code NFT marketplace that represents digital and physical products and streamlines the integration of real-world tokenized assets.

As such, this partnership also introduces the concept of ‘phygitals’, merging physical and digital assets through NFC technology. Fans can own tangible, digitally enhanced memorabilia, making the overall collecting experience more immersive and interactive.

Fuente

We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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