Cryptoknowmics
2022-07-13 12:13:15

MoonPay to Make Web3 Payments with Unstoppable Domains Partnership

Unstoppable Domains has partnered with cryptocurrency payment company MoonPay for platform transactions using nonfungible token (NFT) domains. Through the partnership, customers of MoonPay can send and receive digital assets using their domain names instead of lengthy, complex wallet addresses. Ivan Soto-Wright, the co-founder and CEO of MoonPay, stated in a statement that the alliance would make it simpler for consumers to enter the Web3 realm. Welcome to a simpler web3 🌙 We’re stoked to announce our partnership with @moonpay to make buying crypto even easier 🤝 Try it out ➡️ https://t.co/nT3xr7s6zB pic.twitter.com/bfgz4yL3BB — unstoppable.nft (@unstoppableweb) July 13, 2022 Soto-Wright claims that while MoonPay handles the front end of a user’s journey, Unstoppable Domains improves the back end by eliminating the complicated characters and substituting customized NFT domains. Collaboration Will Improve Web3’s Usability According to Sandy Carter, an executive of Unstoppable Domains, this collaboration will improve Web3’s usability. Carter thinks that the streamlined experience that will arise from the partnership will be advantageous to both experienced and new crypto consumers. The NFT domains can be used to log into decentralized applications (DApps), wallets, and exchanges, in addition to payment transactions. Additionally, users can choose which information they want to grant websites and applications access to. NFT Doma...

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