MoonPay and Fox start a new NFT Platform
6/22/2022, 01:05 AM
Crypto payments startup MoonPay has partnered with Fox Corporations, Universal Pictures and Death Row Records to create an irreplaceable chip platform. Dubbed HyperMint, this feature will enable companies and individuals to mint millions of digital collectibles per day using blockchain technology.
Ivan Soto-Wright, CEO of MoonPay, believes that the potential of NFTs is not limited to collection; is a utility. "Basically, over time, you can program anything into these NFTs, so we decided to focus on this new product offering," he said in an interview with CNBC. "This makes this change truly possible, not limited to the harvesting potential of these NFTs and the usefulness of the program." Above all, the partners of MoonPay benefit from the initiative: the film studios Fox Corporations and Universal Pictures as well as Death Row Records. 1991 DR. The band Death Row, formed by Dre and other musicians, has released rap icons such as 2Pac and Tha Dogg Pound. Earlier this year, Snoop Dogg acquired the label with the intention of reviving its former glory.
For its part, MoonPay allows customers to buy and sell cryptocurrency via bank transfer, credit card or mobile wallets such as Apple Pay or Google Pay. Despite the currently bleak state of the digital asset market, Soto-Wright remains optimistic about the future of cryptocurrencies: “It's been a rough couple of months for cryptocurrencies... But I've already seen a lot of these different cycles. I saw that movie... There will always be periods of volatility, [but] it's a new asset class [with] a new subset of that asset class, the NFT.
Ivan Soto-Wright, CEO of MoonPay, believes that the potential of NFTs is not limited to collection; is a utility. "Basically, over time, you can program anything into these NFTs, so we decided to focus on this new product offering," he said in an interview with CNBC. "This makes this change truly possible, not limited to the harvesting potential of these NFTs and the usefulness of the program." Above all, the partners of MoonPay benefit from the initiative: the film studios Fox Corporations and Universal Pictures as well as Death Row Records. 1991 DR. The band Death Row, formed by Dre and other musicians, has released rap icons such as 2Pac and Tha Dogg Pound. Earlier this year, Snoop Dogg acquired the label with the intention of reviving its former glory.
For its part, MoonPay allows customers to buy and sell cryptocurrency via bank transfer, credit card or mobile wallets such as Apple Pay or Google Pay. Despite the currently bleak state of the digital asset market, Soto-Wright remains optimistic about the future of cryptocurrencies: “It's been a rough couple of months for cryptocurrencies... But I've already seen a lot of these different cycles. I saw that movie... There will always be periods of volatility, [but] it's a new asset class [with] a new subset of that asset class, the NFT.