It seems like Ramp Network and Games for a Living (GFAL) have entered into a strategic collaboration to facilitate the integration of Ramp’s payment solutions into GFAL’s Web3 gaming ecosystem. This integration aims to simplify the process of onboarding players by allowing them to purchase native cryptocurrency tokens within the gaming environment using traditional fiat currencies.
Ramp Network specializes in creating payment solutions that bridge the gap between cryptocurrency and the global finance system. Their services cover a wide range of geographies, spanning over 150 countries, and offering access to more than 100 assets. The goal is to extend the reach of Web3 infrastructure to a broader consumer base by providing on- and off-ramp products that streamline digital asset trading through API-based tools.
One significant aspect of Ramp’s offerings is the improvement of user experience and the reduction of complexity for users who can now seamlessly acquire crypto directly within the gaming ecosystem. The integration is designed to eliminate the need for users to go to external platforms to obtain cryptocurrency. Additionally, Ramp Network holds registrations with regulatory bodies such as the U.S. Financial Crimes Enforcement Network (FinCEN) and the U.K.’s Financial Conduct Authority (FCA), indicating compliance with financial regulations.
The collaboration with GFAL is positioned to strengthen Ramp Network’s presence in the rapidly evolving blockchain gaming sector. In the realm of blockchain games, players have the opportunity to earn real-life rewards through cryptocurrencies and in-game collectibles. However, the challenge lies in making crypto accessible to players, particularly those who are new to Web3 games.
GFAL, founded by industry veterans including Manel Sort, the former vice president of Activision Blizzard, and Trip Hawkins, the founding CEO of Electronic Arts, is a AAA-quality video game development and publishing studio. The partnership with Ramp aims to make GFAL’s games more accessible to new gamers by enabling them to purchase crypto directly within the gaming environment, using a variety of assets and payment methods.
The CEO and co-founder of GFAL, Manel Sort, highlighted the importance of Ramp’s contribution to their vision, emphasizing an alternative blockchain games approach that focuses on the enjoyment of the game and natural income generation, rather than prioritizing revenue as the main focus.
To achieve this integration, Ramp will facilitate the direct purchase of $GFAL tokens within GFAL’s gaming ecosystem. Users can conveniently acquire tokens using fiat currencies through payment methods such as credit/debit cards, bank transfers, Apple Pay, and more. This approach aims to make GFAL’s games accessible to a wider audience, including those who may not be familiar with cryptocurrencies.