MoonPay Will Make Web3 Payments With Unstoppable Domains Partnership
Ivan Soto-Wright, co-founder and CEO of MoonPay, said the partnership improves the end of a user's journey by replacing complex characters with NFT domains.
New
Unstoppable Domains has partnered with crypto payment company MoonPay to integrate non-fungible token (NFT) domains into transactions within the platform. Through this collaboration, MoonPay users can send and receive digital assets using their domain names, eliminating the need to enter long and complicated wallet addresses.
In an announcement sent to Cointelegraph, Ivan Soto-Wright, co-founder and CEO of MoonPay, said the partnership would make it easier for people to enter the Web3 world.
According to Soto-Wright, while MoonPay takes care of the front-end, Unstoppable Domains improves the end of a user's journey by removing complex characters and replacing them with customizable NFT domains.
Sandy Carter, executive at Unstoppable Domains, also commented on the partnership, saying it will make Web3 more intuitive. Carter believes both seasoned and new to crypto users will benefit from the simplified experience that will result from the collaboration.
Besides payment transactions, NFT domains can also be used as a way to connect to decentralized applications (DApps), wallets, and exchanges. It also allows users to choose what data they want to give websites and apps access to.
Related: Dozens of VIP Contributors Invest $87M in Crypto Payments Startup MoonPay
Meanwhile, the demand for NFT domains continues to grow. Earlier in July, registrations for Ethereum Name Service increased by 200%. The surge in listings was driven by hype amid the second-biggest sale
Ivan Soto-Wright, co-founder and CEO of MoonPay, said the partnership improves the end of a user's journey by replacing complex characters with NFT domains.
New
Unstoppable Domains has partnered with crypto payment company MoonPay to integrate non-fungible token (NFT) domains into transactions within the platform. Through this collaboration, MoonPay users can send and receive digital assets using their domain names, eliminating the need to enter long and complicated wallet addresses.
In an announcement sent to Cointelegraph, Ivan Soto-Wright, co-founder and CEO of MoonPay, said the partnership would make it easier for people to enter the Web3 world.
According to Soto-Wright, while MoonPay takes care of the front-end, Unstoppable Domains improves the end of a user's journey by removing complex characters and replacing them with customizable NFT domains.
Sandy Carter, executive at Unstoppable Domains, also commented on the partnership, saying it will make Web3 more intuitive. Carter believes both seasoned and new to crypto users will benefit from the simplified experience that will result from the collaboration.
Besides payment transactions, NFT domains can also be used as a way to connect to decentralized applications (DApps), wallets, and exchanges. It also allows users to choose what data they want to give websites and apps access to.
Related: Dozens of VIP Contributors Invest $87M in Crypto Payments Startup MoonPay
Meanwhile, the demand for NFT domains continues to grow. Earlier in July, registrations for Ethereum Name Service increased by 200%. The surge in listings was driven by hype amid the second-biggest sale
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