Wyre x GameStop Official Integration
Wyre is thrilled to announce its official integration with GameStop to facilitate fiat-to-ETH transactions on their brand new NFT marketplace. The partnership empowers users to buy and sell NFTs on Ethereum’s L2 blockchain, Loopring using ETH.
As of today, the GameStop’s NFT marketplace will utilize transactions through ETH and will have the security and comfortability of Ethereum. By also leveraging Loopring, a Layer-2 protocol that’s optimized to help lower blockchain transaction fees for users. Individuals will be able to convert fiat to ETH with Wyre’s technology with a couple of clicks and also minimal friction.
“GameStop’s NFT marketplace is a pioneer in many ways,” says Ioannis Giannaros, co-founder and CEO of Wyre. “By utilizing Wyre’s cryptocurrency transaction infrastructure, and building on the secure and accessible Loopring blockchain, we’re able to create a fully customized solution that fosters a non-exclusionary environment for content creators to join the NFT marketplace and buy, sell and create.”
The GameStop NFT marketplace is another step forward in Wyre’s mission to bring crypto to the masses. In addition, Wyre’s custom solution allows for users to onboard to the Loopring blockchain in a scalable and efficient way, breaking down barriers for the users. And also providing an NFT experience that is sure to set a new standard. By utilizing different aspects of Wyre’s ecosystem, they have been able to work hand in hand with the GameStop team. To drive accessibility and inclusivity as more individuals can enter the world of Web3.
About Wyre
Wyre provides a wide variety of world class payment APIs to power any fintech based application. It offers a powerful JSON REST API that supports a range of financial, cryptocurrency, and identity services. It can move money around, broker exchanges, validate KYC/AML information, and transfer to/from traditional banking systems all while remaining compliant.
SOURCE: WYRE BLOG
