Cryptocurrencies

    MoonPay introduces Web3 tools for mainstream digital commerce

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    MoonPay, a Web3 infrastructure firm, has launched Web3 Tools, aiming to simplify digital ownership and commerce experiences.

    The platform offers authentication, identity verification, token-gating, ticketing, and insights to streamline Web3 interactions.

    Notable brands like Mastercard, Gucci, Puma, and Adidas have already leveraged MoonPay's platform for various initiatives, including digital artwork bidding, digital twin collections, and exclusive commerce experiences.

    MoonPay's CEO, Ivan Soto-Wright, emphasised the importance of safety and simplicity in realising the full potential of digital ownership.

    The Web3 Tools platform seeks to address the challenges of a fragmented Web3 landscape, fostering trust and accessibility in the $81.5 billion digital ownership market.

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