The blockchain payments provider Wyre has entered into a strategic partnership with Celer Network, enables users to purchase and use crypto directly on Celer’s layer-2 mobile application CelerX, states an official press release that was shared with iHodl.
The technical integration will significantly reduce user friction for both platforms and help expose millions of users to interactive dApps with zero gas fees.
The integration is slated for release in Q3, 2019.
The Wyre CEO, Micahel Dunworth, says lining all the pieces up, it's hard to argue that gaming will not be one of the next channels to attract large audiences into cryptocurrencies.
"Celer has tunnel vision when it comes to adding value through technology, to an audience that is technology savvy, global, and heavily community driven. Supporting DAI directly into CelerX gives dApps all the opportunity to execute on their core competencies & avoid busy work reaching their TAM (total addressable market)," Dunworth added.
The partnership will reportedly allow CelerX’s users to directly purchase cryptocurrencies to their layer-2 wallet addresses on Celer Network instead of to layer-1 blockchain addresses. Therefore, users will be able to immediately use purchased ERC-20 tokens, such as DAI stable tokens, to play fun games and send payments.
Earlier, another large blockchain ecosystem ICONLOOP (ICX) announced that South Korean financial top regulator the Financial Services Commission (FSC) included ICONLOOP's blockchain-based ID service into the "Innovative Financial Services and Regulations Sandbox."
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