Thanks to a new partnership between Dapper Labs, the developer of the famous CryptoKitties game and known for building accessible sports, entertainment, and consumer experiences on blockchain technology, and Circle, a leading global financial technology firm, fans can now buy and sell digital collectibles using credit and debit cards.
Circle announced the news in a blog post published on Tuesday, September 15. According to the announcement, through this partnership, Dapper Labs will add support for credit and debit card payments that will be settled in USD Coin (USDC), a fully-reserved and regulated digital dollar stablecoin developed. The traditional payment option will initially be supported for NBA TopShot.
According to Circle, this is for the first time that credit and debit card payment options are added to popular decentralized apps, collectibles, and marketplaces with global settlement in USD Coin (USDC). The addition of traditional payment options will remove friction in onboarding new users and mainstream adoption of Dapper’s products like NBA TopShot.
Jeremy Allaire, CEO, and co-founder of Circle, about the partnership, commented:
“Dapper is a true pioneer in media and entertainment seizing decentralized blockchain technologies to provide consumers with experiences never before possible. We are proud to be part of the story, enabling Dapper customers to fully participate in unique and highly engaging digital game economies with familiar methods of sending and receiving payments, while also getting the benefits of digital currency.”
All these functionalities are made possible by Dapper Labs’ new blockchain platform Flow. As Crypto Economy reported, Dapper Labs launched Flow blockchain in March 2020 to address the challenges that it encountered on Ethereum, with CryptoKitties causing unprecedented network congestion on the Ethereum network when it launched on mainnet.
Flow blockchain features Flow Playground, an interactive web interface that lets developers code smart contracts and dapps for Flow blockchain. The Flow Alpha feature of Flow also provides some exclusive features for developers in the network where they can access to a unique Discord channel to collaborate with blockchain’s top builders.
Roham Gharegozlou, CEO and co-founder of Dapper Labs, commented:
“We’re proud to work with Circle in building an amazing payments experience for all our customers on Flow, starting with NBA Top Shot. Circle’s payment technology combined with the performance of our new network, Flow, means any developer can build crypto-enabled applications without sacrificing user experience.”
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