(MENAFN- News Direct) --News Direct--Ramp Network , the financial technology company building payment rails connecting crypto to the global financial system, announced that today it is integrating its on- and off-ramp products with the blockchain gaming development studio Games for a Living (GFAL). With the integration, GFAL's Web3 games can provide a simplified onboarding experience for new gamers by making it simple to buy its native Cryptocurrency tokens via fiat payment methods.
As one of the leading fintech infrastructure providers in the crypto space, Ramp is paving the way for millions of consumers to access the Web3 infrastructure through its industry leading on- and off-ramp products that simplify the digital asset purchasing process. Its API-based tools enable decentralized application developers to integrate simple crypto on-ramps and off-ramps directly within their products. Ramp's products are fast, seamless and globally available in 150+ countries and 100+ assets, helping improve the user experience and reduce the complexity for users who no longer have to go elsewhere to obtain their crypto first. What's more, Ramp is registered with the U.S. Financial Crimes Enforcement Network (FinCEN) and the U.K.'s Financial Conduct Authority (FCA).
Jose Jimenez-Mancha - Chief Commercial Officer at Ramp said“We are excited about partnering with GFAL, marking a new era in gaming and crypto integration. This collaboration simplifies crypto access for gamers, merging traditional gaming with the play-to-earn blockchain world. With our on- and off-ramp solutions, gamers can now effortlessly purchase $GFAL tokens and other cryptocurrencies within the games. This partnership represents our commitment to innovation and a more inclusive financial future. We're thrilled to lead the way in redefining gaming experiences.”
The integration with GFAL will enable Ramp to bolster its presence in a rapidly growing blockchain gaming industry. With blockchain games, players can earn real-life rewards in the shape of crypto and in-game collectables that are paid out when they complete daily tasks and win head-to-head matches against other human opponents. However, it's necessary for users to obtain crypto in order to take advantage of these play-to-earn capabilities.
Obtaining crypto has traditionally always been a roundabout task, with gamers required to create an account with a traditional exchange, set up a wallet, and finally transfer those assets to the dApp. GFAL's integration with Ramp therefore makes its games significantly more accessible to new gamers, allowing them to purchase crypto with 100+ assets available on their on-ramp and 40+ available for off-ramp from anywhere in the world and see those assets deposited directly into their wallets, all without having to leave the game.
Ramp will enable GFAL to offer users the direct purchase of $GFAL tokens directly, with more tokens available soon in a few simple clicks, using fiat currencies and payment methods such as credit/debit cards, bank transfers, Apple Pay, Google Pay, Pix and more. In this way, it's paving the way for thousands of new gamers to enter and explore GFAL's expanding ecosystem of blockchain games.
GFAL is a pioneering video game development and publishing studio, founded by seasoned industry experts including the former vice president of Activision Blizzard, Manel Sort, and the founding CEO of Electronic Arts, Trip Hawkins, among others . It's dedicated to developing AAA-quality video games that leverage the capabilities of blockchain and crypto to provide more rewarding and engaging experiences to gamers. Through GFAL's games, players have the unique opportunity to have fun while monetizing the time they spend competing against others and trade the in-game assets they own.
Manel Sort, CEO and co-founder at GFAL: "Ramp will help GFAL make its vision come true, which is to promote an alternative blockchain games approach. We emphasize that earning income naturally accompanies the enjoyment of the game and contributes to a unique immersion. This stands in contrast to the prevailing trend in web3 games, which often prioritize revenue generation as their main focus.".
Anyone accessing GFAL's games for the first time will benefit from a simple onboarding experience that enables them to use fiat to purchase the crypto they need to get started playing in just seconds. It means GFAL has a way to expand beyond its traditional, crypto-native audience and offer its full experience to gamers of all kinds. With Ramp's simple onboarding and verification process, GFAL can process fiat transactions almost instantly, allowing them to get started playing without delay.
About Ramp
Ramp is a financial technology company building solutions that connect the crypto economy with today's global financial infrastructure. Through its core on- and off-ramp products, Ramp provides businesses and individuals across 150+ countries with a streamlined and smooth experience when converting between cryptocurrencies and fiat currencies. Ramp is fully integrated with the world's major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more.
About GFAL
GFAL , led by prominent figures in the global gaming industry including Manel Sort, former First Vice President at Activision Blizzard King, the studio behind Candy Crush, and Trip Hawkins, the founding CEO of Electronic Arts, is a video game development studio that leverages blockchain and different deep-tech solutions to produce AAA-quality video games. By harnessing the power of blockchain and combining creativity with cutting-edge technology, their games are designed to offer a level of enjoyment previously thought impossible in the web3 gaming industry. With immersive gameplay, players can generate value and monetize their time while competing against others and trading in-game assets with fellow players.
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