MV FUEL incubates Kasta: Removing Barriers to Cross-Border Payments

PAID NETWORK
4 min readNov 24, 2021

We’re delighted to announce MV FUEL’s latest incubation — Kasta!

Kasta harnesses the power of blockchain technology to provide practical solutions for cross-border payments. Their comprehensive, integrated platform includes a fiat on-ramp aggregator, fiat off-ramp services, and multiple payment avenues, all combining for a simplified worldwide payments experience.

MV FUEL is an industry leader and disruption provider with a focus on discovering breakthrough ideas. When teams work with us, their ideas are our priority. We have the experience and resources to take on any challenge — big or small! By offering support for the growth of projects into powerful platforms, our incubations provide excellent value accretion as they evolve into powerhouse businesses.

Kasta normalizes easy cross-border payments

Consumer payment and spending habits are changing and, in parallel, their expectations of payment services providers. With a rapidly evolving and globalized world, where everyone’s needs are changing at an accelerated pace, the desire for fast, cheap, and convenient payments is a necessity.

The popularization of blockchain technology has enabled cryptocurrencies to become a viable and resolute medium of exchange.

Free from the barriers of legacy intermediaries such as banks and financial institutions, crypto facilitates the normalization of payments through P2P methods fairly and transparently.

Introducing Kasta

Through its layer-2 solution, Kasta is removing barriers to free, efficient, and personalized payments and cross-border transactions. As we further integrate into a crypto-based economy, the Kasta platform uses its easy swap engine to receive payments in the user’s preferred choice — fiat or crypto. Through the synchronization of multiple features, including yield multiplication, fees reduction, and ‘Buy Now, Pay Later,’ Kasta aims to help consumers globally without compromising service quality or security.

Kasta is ready to blast into the crypto public consciousness with already confirmed partnership and advisory services from cryptocurrency heavyweight names, including TheMoonCarl, Ivan on Tech, That Martini Guy, and CryptoBirb.

MV FUEL provides the synergy for sustained success

MV FUEL will provide invaluable support to Kasta’s journey to success. Our strong list of partners and industry experience enables Kasta to enjoy a highly valued network through the

partnership. Kasta joins a line of projects with previous incubation benefits from MV FUEL, all of which enjoyed massive success.

Some of the ecosystem benefits from the incubation process include:

  • World-class advice from the sharpest minds within Master Ventures
  • An unrivaled network of influencers and community growth via the PAID Network
  • IGNITION platform’s esteemed reputation for launching only the most cutting-edge projects within the crypto space
  • A passionate and engaging community of long-term supporters

The MV Fuel team looks forward to incubating Kasta and facilitating all aspects of its growth. We can’t wait for the full launch and are incredibly excited to see how our loyal communities respond!

We’ve recently announced MV FUEL is incubating Trickle. Learn more about the benefits of the partnership and why Trickle is the next step in accessible smart contract services.

About Kasta

Kasta is a blockchain alternative to mainstream mobile payment services. Our platform makes P2P payments easy, simple, and accessible. As we transition into a crypto-based economy, Kasta provides the market convenience necessary for cross-border payments on a global scale. Through our platform, we aim for globalized cryptocurrency adoption and to improve the functionality of financial services.

For the latest Kasta news and developments as they arrive, visit their:

Website | Twitter | Medium | Telegram

About Master Ventures

Master Ventures is a blockchain-focused venture studio helping to build the next generation of blockchain-based Web 3.0 system innovations within the crypto industry. Launched in 2018 by Founder and CEO Kyle Chassé, the company’s ethos can best be summarized in the acronym #BeBOLD: Benevolent, Open, Love, Decentralized.

Master Ventures co-creates with entrepreneurs and businesses worldwide to turn the best ideas into innovative and disruptive products. They do this by investing as strategic partners through offering advisory services to the projects they believe in. To date, Master Ventures has invested in over 40 crypto projects, including the likes of Kraken, Coinbase, Bitfinex, Reef, DAO Maker, Mantra DAO, Thorchain, and Elrond.

For any questions, please feel free to reach out to us on:

MV Website | MV Telegram | MV Twitter

About PAID

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID technology leverages Astar to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building Smart Agreements through smart contracts to execute DeFi transactions and business agreements seamlessly.

PAID streamlines backend legal operations with Smart Agreements, so that projects can focus on making their brand bigger and better.

For any questions for the PAID network, please feel free to reach out to us on our:

Website | Telegram | Twitter | Medium

--

--