NEW YORK – Monday, June 3, 20240 – Financial technology company MoonPay said on May 28 on its Newsroom that it is expanding offerings with a new platform designed to streamline Web3 integration for brands seeking to create immersive digital experiences for their customers.1
The announcement, made on May 28, 2024, highlights MoonPay’s Web3 Tools, an all-in-one suite aimed at simplifying Web3 adoption for businesses.
The new platform builds upon existing MoonPay services, like their user-friendly fiat-to-crypto payments. It expands this functionality with a suite of new features designed specifically for Web3 applications.
These features include user authentication and identity verification to ensure secure interactions, ticketing systems for managing access to exclusive events or experiences, and the ability to tokenize assets and mint NFTs, which can be used for loyalty programs, digital collectibles, or other creative marketing initiatives.
This suite of tools empowers brands to leverage the potential of Web3 for deeper customer engagement and the creation of interactive experiences. MoonPay points to a market estimated to reach over $25 billion by 2029, underscoring the growing importance of Web3 solutions for brands.
MoonPay is not new to the Web3 space. The company has already collaborated with notable brands like Adidas, Gucci, Puma, and Mastercard to facilitate their forays into the world of cryptocurrency and digital collectibles.
- moonpay.com: https://www.moonpay.com/newsroom/web3-tools[↩]
