Cometh
Cometh

Cometh

What is Cometh?

Cometh simplifies and secures Web3 onboarding with embedded biometric wallets, credit card NFT purchases, and custom secondary market solutions, transforming digital ownership for brands and games while managing blockchain infrastructure and security.

More about Cometh

Cometh is a comprehensive solution designed to help developers build innovative applications and platforms leveraging NFTs and marketplace features. With support for ERC721 tokens, the API provides essential features necessary to build a marketplace, ensuring a seamless experience for developers. Key API entities include Projects, which are sets of collections on specific EVM networks, each associated with an API key and secret for authentication. Collections are specific ERC721 contracts registered in the system, while Assets represent individual ERC721 tokens with associated metadata. Orders, which can be either purchase or sale orders, are based on the 0x protocol and Transfers occur when NFT ownership changes.
The simplest way to create an order is through the on-chain pre-sign operation on the 0x protocol. All orders, whether created on-chain or off-chain, will be filled or canceled with on-chain operations. User transactions generate event logs processed by the indexer, maintaining an enriched copy of evolving on-chain 0x order data that the API provides. Important fields from an order include Maker (the address that created the order), Direction (purchase or sale order), Taker (the address that filled the order), and Status (current order status). Operations available for an order include pre-signing (listing the order), canceling (permanently canceling the order), and filling (allowing a taker to fill an order, executing the final transfer of ERC20 tokens for the ERC721 token).
Each blockchain network is associated with a dedicated URL of the marketplace API, documented in its reference documentation. For instance, the Polygon network uses https://api.marketplace.cometh.io/v1, and the Polygon Mumbai network uses https://api.mumbai-marketplace.cometh.io/v1. The API can easily support networks like Ethereum (Mainnet), Ethereum (Goerli), Binance Smart Chain, Optimism, Fantom, Celo, Avalanche, Arbitrum, and Base, compatible with all EVM networks where 0x is deployed. The @cometh/marketplace-sdk facilitates using the API, grouping endpoints into services like CollectionService, AssetService, OrderService, TransferService, AnalyticsService, and ProjectService.
Each network has a set of 0x contracts implementing the entire protocol, with core functions on a main exchange proxy contract. For example, the Cometh Muster network uses the address 0x9a6204dE86443eB0914059b291f667D8953e8aE1. Creating NFT-centric applications, particularly marketplaces, involves challenges like rapid asset search capabilities, real-time information updates, and integrating an Orderbook protocol to minimize transactions and cut gas fees. Existing solutions often fall short, requiring substantial coding and logic, struggling with performance when mixing data from different sources, and facing limitations in aggregation features and analytics.
To address these challenges, Cometh Marketplace was conceived to enable users to bring their projects to life with minimal hassle. The goal is to provide end-user experiences on par with the finest Web 2 websites, with tools developed and improved based on real-life user and developer feedback. Cometh offers advanced features necessary for a production-ready product, continuously enhancing and expanding its feature set. Compared to tools like OpenSea SDK, Alchemy Tools, and The Graph, Cometh Marketplace excels in providing real-time data, ready-to-use API and SDK, integrated authentication (Cometh Connect), open-source front-end, complex filtering, detailed analytics, and optimized images.
The order flow includes statuses such as open, filled, canceled, canceled_by_transfer, and expired, ensuring data consistency even with blockchain reorgs and errors. Cometh simplifies and secures Web3 onboarding with embedded biometric wallets, credit card NFT purchases, and custom secondary market solutions, transforming digital ownership for brands and games while managing blockchain infrastructure and security. It enables users to easily create accounts and biometric wallets, facilitating secure and validated financial transactions with smart wallets, and abstracting complex backend infrastructure so teams can focus on delivering the best user experience.

Cometh’s key offerings

  • Seamless Web3 Onboarding: Cometh simplifies the process of onboarding users by providing embedded biometric wallets. This allows users to easily create accounts and manage their digital assets without the need for traditional wallets, private keys, gas fees, and smart contracts. The onboarding process is fully branded and customized within your application, enhancing user experience and engagement.
  • NFT Purchases with Credit Cards: Users can buy NFTs using credit cards, Apple Pay, or Google Pay, streamlining the checkout process. This feature significantly lowers the entry barrier for new users who may not be familiar with cryptocurrency transactions, thereby expanding the potential user base and increasing sales opportunities for NFT marketplaces.
  • Secondary Market Ownership: Cometh offers a web marketplace solution that allows businesses to deploy their own branded secondary market. This feature includes customizable rules and branding, enabling companies to maintain control over their marketplace operations and user interactions, ensuring a consistent brand experience.
  • Digital Ownership for Brands: The platform enables brands to transform their games and applications through digital ownership, product traceability, and tokenized assets. It supports the development of better loyalty programs, enhancing user retention and engagement by providing users with a sense of ownership and tangible rewards.
  • Tokenization of Assets in Video Games: Cometh allows game developers to enable users to create accounts and biometric wallets, where they can store and exchange digital assets both within and outside the game. This feature promotes interoperability and provides gamers with true ownership of in-game assets, which they can trade or use across different platforms.
  • Secure and Validated Financial Transactions: Leveraging the power of smart wallets, Cometh ensures the security of assets through spending rules and speeds up transaction processes. This enhances the overall user experience by providing secure, fast, and reliable financial transactions within the platform.
  • Simplified Web3 Integration: Cometh abstracts complex backend infrastructure and tools, allowing development teams to focus on implementing the best user experiences. By managing security, compliance, and blockchain infrastructure, Cometh reduces the technical burden on developers, enabling faster and more efficient project deployment.
  • Infrastructure and SDK Integration: The platform includes comprehensive infrastructure support and easy SDK integration (Viem, Rainbowkit, Unity). Developers can implement the SDK in minutes, focusing on building their applications instead of managing blockchain infrastructure. This results in quicker development cycles and robust application performance.
  • Scalability and Security: Cometh utilizes proven blockchain technologies like SAFE and WebAuthn, which currently secure assets worth $100 billion. The platform's robust scalability and security features ensure reliable performance even under high loads, making it a dependable choice for large-scale applications.
  • Superior User Experience: With single biometric confirmation for registration and validation, Cometh offers an optimal user experience for interacting with on-chain assets. This streamlined process reduces friction and enhances user satisfaction by making blockchain interactions as simple and intuitive as possible.
By addressing these key areas, Cometh provides a comprehensive suite of tools and features designed to make Web3 onboarding, NFT transactions, and digital asset management both simple and secure, thereby driving the next generation of applications and digital ownership solutions.

Key services & use cases powered by Cometh as a Web3 infrastructure provider

By offering a robust and scalable platform, Cometh supports a wide range of services and use cases, enabling businesses and developers to leverage the full potential of blockchain technology. Below are key services and use cases powered by Cometh;

Key Services

  • Decentralized Finance (DeFi) Solutions
    • Liquidity Provision: Cometh facilitates the creation and management of decentralized liquidity pools, enabling users to earn rewards by providing liquidity to various DeFi protocols. This service is crucial for the functioning of decentralized exchanges (DEXs) and other DeFi applications, as it ensures sufficient liquidity for seamless trading and borrowing/lending activities.
    • Staking and Yield Farming: Users can stake their digital assets to earn rewards, and participate in yield farming opportunities to maximize returns on their investments. Cometh simplifies these processes by offering user-friendly interfaces and tools, making it easier for both novice and experienced users to participate in the DeFi ecosystem.
  • NFT and Gaming Infrastructure
    • NFT Minting and Trading: Cometh provides tools and platforms for creating, minting, and trading non-fungible tokens (NFTs). This service supports artists, gamers, and creators in monetizing their digital assets by offering a decentralized marketplace where they can sell their work directly to collectors and fans without intermediaries, ensuring better control and profit.
    • Blockchain Gaming: The platform supports blockchain-based gaming applications, enabling in-game asset ownership, trade, and interactivity. This enhances gaming experiences through true digital ownership, allowing players to have real control over their in-game items, which can be traded or sold outside the game, fostering a robust in-game economy.
  • Smart Contract Deployment and Management:
    • Smart Contract Development: Cometh offers a suite of development tools for creating, testing, and deploying smart contracts on various blockchain networks. These tools streamline the development process for decentralized applications (dApps) by providing templates, debugging tools, and deployment scripts, reducing the time and complexity involved in launching new smart contracts.
    • Automated Contract Execution: Smart contracts deployed on Cometh's infrastructure can automate complex processes and transactions, reducing the need for intermediaries and enhancing operational efficiency. This automation is crucial for applications that require trustless execution, such as DeFi protocols, supply chain logistics, and automated insurance payouts.
  • Interoperability and Cross-Chain Solutions
    • Cross-Chain Bridges: Cometh supports interoperability between different blockchain networks, allowing assets and data to be transferred seamlessly across various platforms. This enhances the utility and reach of decentralized applications by enabling them to interact with multiple blockchains, thus broadening their user base and functionality.
    • Multi-Chain Asset Management: Users can manage their digital assets across multiple blockchain networks from a single interface. This simplifies asset management by providing a unified view and control over all holdings, reducing fragmentation and improving the user experience.
  • Scalability and Performance Enhancements
    • Layer 2 Solutions: To address scalability issues, Cometh integrates Layer 2 solutions that improve transaction speeds and reduce costs. These solutions offload transactions from the main blockchain (Layer 1) to more efficient secondary layers, ensuring a smoother and more cost-effective user experience, especially during high traffic periods.
    • Optimized Network Infrastructure: The platform leverages advanced technologies to optimize network performance, ensuring reliability and speed for all transactions and operations conducted on the blockchain. This includes load balancing, efficient data routing, and enhanced consensus mechanisms to support high transaction throughput and low latency.

Use Cases

  • Decentralized Exchanges (DEXs)
    • Efficient Trading: By leveraging Cometh’s liquidity pools and automated market maker (AMM) protocols, DEXs can offer efficient and cost-effective trading experiences for users. This eliminates the need for centralized intermediaries, reducing fees and the risk of censorship or manipulation.
    • Secure Transactions: With Cometh’s robust security protocols, decentralized exchanges can ensure the safety and integrity of user transactions and funds. This includes secure smart contract audits, multi-signature wallets, and real-time monitoring to prevent fraud and hacking attempts.
  • Decentralized Finance (DeFi) Applications
    • Lending and Borrowing: DeFi platforms can utilize Cometh’s infrastructure to facilitate peer-to-peer lending and borrowing. This allows users to access financial services without traditional banks, offering more inclusive and accessible financial solutions, particularly in regions with limited banking infrastructure.
    • Automated Investment Strategies: Cometh supports automated investment strategies through smart contracts. This enables users to engage in sophisticated financial activities like automated trading, rebalancing, and portfolio management, all executed in a trustless and transparent manner.
  • Blockchain-Based Games
    • In-Game Economies: Game developers can use Cometh’s infrastructure to create robust in-game economies where players can earn, trade, and own assets securely on the blockchain. This not only enhances player engagement but also provides real economic value to players’ efforts within the game.
    • Player-Owned Assets: By integrating NFTs, Cometh enables games to offer player-owned assets that can be traded and utilized across different gaming platforms. This promotes a vibrant secondary market for in-game items, further engaging players and driving the value of digital assets.
  • Digital Identity and Verification
    • Secure Identity Management: Cometh provides tools for creating and managing digital identities on the blockchain. This ensures secure and verifiable identities for users in various applications, including financial services, e-commerce, and social media, protecting against identity theft and fraud.
    • Verification Services: Through decentralized identity solutions, Cometh enables secure and efficient verification processes. This is crucial for services that require Know Your Customer (KYC) compliance, access control in both digital and physical spaces, and other identity-dependent processes.
  • Supply Chain Management
    • Transparency and Traceability: Cometh’s infrastructure can be used to create transparent and traceable supply chains. This ensures the authenticity and origin of goods through immutable blockchain records, helping to combat counterfeiting and ensuring compliance with regulatory requirements.
    • Smart Contracts for Automation: Supply chain operations can be automated using smart contracts. This reduces delays and errors while improving efficiency and trust among stakeholders, as all transactions and changes are recorded on the blockchain, providing a single source of truth.
By providing a robust and versatile infrastructure, Cometh empowers a wide range of Web3 applications, enhancing functionality, security, and user experiences across the decentralized ecosystem.

Cometh Resources