Transaka world leader in web3 payment and onboarding, users can now convert fiat currency to 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 just one cent: a remarkable achievement in the industry.
Gresini Racing, a MotoGP World Championship team, is one of the first to benefit from the Transak-VeChain partnership by launching 10,000 NFTs on the MaaS.
Transak’s payment solution allows fans around the world to seamlessly purchase NFTs using a variety of payment methodsto offer greater accessibility and opening new avenues for fan engagementtin motorsport and beyond.
Source: VeChain (Gresini marketplace)Drive fan engagement
Transak offers several services in addition to 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 and offers business solutions with focus about sustainability and digital innovation. The MaaS platform is a no-code NFT marketplace that represents both digital and physical products and streamlines the onboarding of tokenized real-world assets.
As such, this partnership also introduces the concept of ‘phygitals‘, merging physical and digital assets through NFC technology. Fans can own memorabilia that is both tangible and enhanced with digital features, making the overall collecting experience more immersive and interactive.