The world of gaming is constantly evolving, and with the rise of blockchain technology, the possibilities are endless. Boba Network is a revolutionary platform that is changing the way gamers make transactions. With the addition of NOWPayments Fiat On-Ramp, Boba Network is taking gaming to the next level. In this article, we’ll explore what Boba Network is, how it works, and how you can use it to level up your gaming experience.
Introduction to Boba Network and NOWPayments Fiat On-Ramp
Boba Network is a blockchain-based platform that enables fast, secure, and low-cost transactions. Boba Network is built on the Binance Smart Chain and Ethereum, which are known for their speed and scalability. Boba Network allows users to make transactions quickly and easily, without the need for intermediaries. Boba Network’s goal is to provide a seamless payment experience for users, and with the addition of NOWPayments Fiat On-Ramp, they are achieving that goal.
NOWPayments is a cryptocurrency payment gateway that allows merchants to accept cryptocurrency payments. NOWPayments Fiat On-Ramp feature extends the variety of use cases and payment options for both merchants and users, including credit cards and bank transfers. Thanks to our Fiat On-Ramp feature, there’s no need to deal with exchanges and buy crypto — from now on, gaming projects can allow users to integrate fiat payments into their flow seamlessly.
What is Boba Network and How Does It Work?
Boba Network is a multichain Layer 2, built on Ethereum and BNB. Boba Network uses a combination of smart contracts and off-chain payment channels to facilitate fast and secure transactions. Boba Network’s payment channels allow users to make transactions without the need for intermediaries, which reduces transaction fees and increases transaction speed.
Boba Network also has its own token, BOBA. BOBA is an ERC-20 token that is used for transactions on the platform. BOBA can be used to pay transaction fees, and users can also earn BOBA by staking their tokens. BOBA can also be traded on a variety of cryptocurrency exchanges.
Boba Payments and the Gaming Industry
The gaming industry is one of the biggest industries in the world, and it’s no surprise that it has caught the attention of the blockchain community. Boba payments can be specifically designed for the gaming industry. With the help of NOWPayments, you make transactions quickly and easily. Thanks to the Fiat On-Ramp feature provided by our fiat provider Guardarian, your gaming project can not only accept cryptocurrencies but easily accept credit cards.
Boba payments via NOWPayments are designed to be user-friendly, and it integrates seamlessly with gaming platforms. They are also secure, thanks to the use of smart contracts and off-chain payment channels. Payments in Boba can definitely become a game-changer for the gaming industry, and it’s just the beginning.
Gaming Projects in Boba Network
The iGaming industry is rapidly growing and evolving, and blockchain technology is poised to play a major role in its future. One platform that has been gaining attention in the iGaming space is the Boba Network, a decentralized, cross-chain infrastructure designed to enable fast, secure, and low-cost transactions. Boba Network has partnered with several iGaming projects, including Futuructa, Foxtrot Command, and Megaworld, to provide them with a reliable and efficient payment solution.
Futuructa is an innovative iGaming project that leverages blockchain technology to create a decentralized platform where players can bet on the outcomes of future events. By partnering with Boba Network, Futuructa is able to offer its users a fast and secure payment solution that allows them to make bets using their favorite cryptocurrencies. With Boba Network’s cross-chain capabilities, users can easily move funds between different blockchain networks, making it a convenient option for players all around the world.
Foxtrot Command is another iGaming project that has partnered with Boba Network. Foxtrot Command is a multiplayer game that combines elements of strategy, role-playing, and real-time combat. With Boba Network’s fast and reliable payment solution, players can easily purchase in-game items and upgrades using their favorite cryptocurrencies. Boba Network’s cross-chain capabilities also ensure that players can easily move funds between different blockchain networks, making it a seamless experience for players.
Megaworld is a virtual world platform that allows users to build and create their own virtual spaces using blockchain technology. By partnering with Boba Network, Megaworld is able to offer its users a fast and secure payment solution that allows them to purchase virtual land and assets using their favorite cryptocurrencies. With Boba Network’s cross-chain capabilities, users can easily move funds between different blockchain networks, making it a convenient option for users all around the world. Overall, Boba Network’s partnership with these iGaming projects is a testament to the platform’s commitment to providing fast, secure, and low-cost payment solutions for the rapidly growing blockchain gaming industry.
Leveling Up Your Gaming Experience with Boba Network and NOWPayments Fiat On-Ramp
Boba Network and NOWPayments’ Fiat On-Ramp are a match made in heaven for gamers. With BOBA, gamers can make fast and secure transactions, and with NOWPayments On-Ramp, gamers can pay with credit cards. Together, Boba Network and NOWPayments On-Ramp are changing the way gamers make transactions.
On-Ramp is powered by Guardarian – an EU-based trusted partner of NOWPayments. The service has been successfully providing fiat services for ChangeNOW, our parent company, for years. It helps users buy crypto for fiat and then directs the funds to you via NOWPayments.
To use Boba Network and NOWPayments Fiat On-Ramp for gaming, follow these steps:
- Set up an account on NOWPayments.
- Provide send a request to [email protected] to enable the fiat-on ramp feature.
- You will pass a KYB verification for Guardarian.
- Congratulations! Now you can let your players pay with a credit card and receive BOBA!
The On-Ramp flow in a nutshell
Fiat payments are processed in two stages:
- Guardarian charges users with fiat. Customers pay the necessary amount and cover the fee: 1.5% + 2 USD. The service converts fiat to crypto and sends it to NOWPayments.
- NOWPayments processes crypto received from Guardarian. At this step, the merchant pays a standard service fee of 0.5%.
How to use On-Ramp in BOBA API
- Create a new payment in the NOWPayments API. Set the fiat currency ticker in the “pay_currency” field.
- The API will send you the fiat provider’s payment link in the response.
- Send this link to your user, just like you’ve been sending the other payment links before.
- When a user opens this link, they have to pass a KYC check and pay Guardarian with fiat. While the payment is processed, you will see the “Processing” status in your Personal Account.
- Once Guardarian receives fiat money from the user, the funds are converted into BOBA (or any other crypto of your preference) and sent to NOWPayments. Please note that our fiat provider picks a coin based on the first wallet address in your Payout Wallet list (see Settings – Payment Settings).
- NOWPayments receives BOBA from Guardarian and sends it to your account’s Custody (if it has been activated previously) or your crypto wallet (the first one in the Payout Wallet list).
How to use On-Ramp in BOBA invoices
- In your Personal Account, head on to Settings – Coins Settings and enable fiat currencies that you would like to accept.
- Create a new payment: go to Payment Tools – Payment link, and click the “Create payment link” button. You will see the list of the chosen fiat currencies in the “Pay currency” field.
- Now, you can pick one of the currencies, and the user will be redirected to Guardarian right after they open your invoice. Or, you can choose “All currencies”, and the user will be able to choose how they want to pay. If they select a fiat currency, they will be redirected to our fiat provider.
- The user completes a KYC check and makes a payment.
- Once Guardarian receives fiat money from the user, the funds are converted into BOBA and sent to NOWPayments. Please note that the service picks a coin whose wallet address is the first in your Payout Wallet list (see Settings – Payment Settings).
- NOWPayments receives BOBA from Guardarian and sends it to your Personal Account’s Custody (if it was activated previously) or your crypto wallet (the first one in the Payout Wallet list).
- You can share this payment link multiple times.
With these simple steps, you can start using Boba Network and NOWPayments Fiat On-Ramp to level up your gaming experience.
Boba Network and NOWPayments Fiat On-Ramp are revolutionizing the gaming industry. With Boba Network, gamers can make fast and secure transactions. Together, Boba Network and NOWPayments Fiat On-Ramp are changing the way gamers make transactions. If you’re a gaming project, now is the time to level up your gaming experience with Boba Network and NOWPayments Fiat On-Ramp.