Blockchain-based domain name provider, Unstoppable Domains today announced its partnership with MoonPay to make it easier to buy crypto. Through this partnership, investors can now buy and send crypto from MoonPay to their wallets using their unstoppable domains. With this decision, Unstoppable Domains hopes to simplify crypto transactions for the general public. Here’s everything you need to know about the Unstoppable Domains x MoonPay partnership.
About the Unstoppable Domains x MoonPay partnership
As mentioned earlier, the Unstoppable Domains x MoonPay partnership aims to simplify crypto transactions. How exactly does he do that?
To explain, to make a crypto transaction, you need to use your crypto wallet address. Now this address is a single long string of numbers and letters. For example, something like “0xAB25FF3F5A8S45792668A2SFA096545FLS3A695E”.
Imagine remembering those confusing addresses every time you need to make a transaction! Not only are these addresses confusing and difficult to remember, but they have also been the cause of losses due to minor errors. NFT domains help avoid all of these issues by turning wallet addresses into a simple, easy-to-remember name.
With the latest partnership, users can simply enter their Unstoppable Domains username, for example, brad.crypto, while using MoonPay. According to Unstoppable Domains, by eliminating the need for complicated wallet addresses, companies are making crypto transactions as easy as sending an email.
Additionally, to celebrate the partnership, the company is offering all MoonPay users a $40 credit to get their first unstoppable domain. You can head to the MoonPay website to start!
Increase access to Web3
“MoonPay’s fiat on-ramps have made starting the Web3 journey – buying digital assets – simple and elegant,” said MoonPay co-founder and CEO Ivan Soto-Wright. “And Unstoppable Domains’ ability to remove the need for people to remember complex public wallet addresses by replacing them with custom domains has made the end of the journey – taking custody – easier than ever.
“Working together, our new partnership will make browsing Web3 a seamless experience,” added Ivan.
Sandy Carter, SVP of Business Development at Unstoppable Domains, also commented on the partnership. “Whether someone is new to web3 or a seasoned cryptopian, our partnership with MoonPay will simplify their experience.”
About Moon Pay
Moonpay is a leading Web3 infrastructure provider founded in 2018 by Victor Faramond and Ivan Soto-Wright. Essentially, the company is lowering barriers to crypto adoption. It achieves this through a simple software solution that allows users to buy and sell crypto using regular payment methods. This includes debit and credit cards, local bank transfers, Apple Pay, Google Pay and Samsung Pay.
In addition, recently, MoonPay launched a new NFT platform, HyperMint to help large companies, brands and accretive agencies create and create NFTs. The platform has a stellar lineup of launch partners, including Fox Corporation, Universal Pictures, Selfridges, and music producer Timbaland’s Beatclub.