Announcing our partnership with PlasmaPay to enable retail access to the CSPR token and provide wallet infrastructure to users.
Today, we are announcing our partnership with PlasmaPay to advance retail access to the Casper network and CSPR token through fiat ramps, chain integration, and wallet infrastructure. The partnership between CasperLabs and PlasmaPay is a milestone in our ability to open up access to the Casper network to broader audiences following mainnet launch.
PlasmaPay is a global digital payment platform enabling seamless entry into decentralized finance. PlasmaPay provides industry-leading UX, crypto/fiat wallets, and fiat on/off ramp services. Plasma.Finance is PlasmaPay’s DeFi dashboard which aggregate the most popular DeFi protocols from different blockchains and allows users to manage their DeFi portfolio in one simple interface.
The partnership between CasperLabs and PlasmaPay will work together on three initial solutions:
Interoperability. Together, the development teams of both companies will work on integrating PlasmaPay’s PlasmaChain with the Casper network. PlasmaChain is the first blockchain built and customized for the financial needs not only of crypto projects and companies, but also for traditional finance and internet companies. The integration between PlasmaChain and Casper will provide users of the fiat on/off ramp and the wallet solution with a seamless, low-cost experience when moving assets between PlasmaPay and Casper.
Fiat On/Off Ramp. In Q1 2021, the Casper mainnet is launching along with a public sale of the network’s native token CSPR. PlasmaPay will establish a fiat on and off ramp to allow retail users access to buy and sell the token following the public sale. PlasmaSwap, the PlasmaPay’s decentralized exchange will provide millions of users with secure and compliant access to tokens around the world, and we are excited to partner with them to create a robust and distributed token holder community.
Wallet Infrastructure. PlasmaPay provides infrastructure for secure, non-custodial cryptocurrency wallets for popular assets, including BTC, ETH and 3000+ ERC20 tokens. After mainnet launch, PlasmaPay will extend wallet infrastructure for the Casper network. The non-custodial CSPR wallet will allow CSPR token holders to securely store and manage their tokens - including easy use with decentralized applications built on the Casper network.
We are excited to be building with the incredible team at PlasmaPay, and look forward to the product launches taking place immediately after mainnet launch and beyond.