Fiat-to-Crypto Onramp Business Thursday Moonpay has announced a multi-year partnership with Lookrare, a non-fungible token (NFT) marketplace. According to the deal, Lookrare will allow marketplace users to buy and sell crypto assets through his Moonpay service.
Moonpay and Looksrare Collaborate to Streamline NFT Transactions
Moonpayis a fiat-to-crypto service founded in 2019 In partnership with NFT Marketplace Looksrare. Launched in August 2022, Looksrare will be the first NFT Marketplace to actively reward traders with unique tokens LOOKSOne of the places. According to dappradar.com stats on February 9, 2023, Luxlare in the NFT market has recorded sales of $1.7 billion.
Moonpay is introducing his NFT checkout integration with Lookrare, allowing anyone to purchase his NFTs with a credit card, according to an announcement sent to Bitcoin.com News. . According to Moonpay’s announcement, “Checkout is available for all primary and secondary sales on Lookrare.” “The NFT checkout integration will allow Lookrare users to easily purchase NFTs using a debit or credit card, eliminating the need to acquire cryptocurrency first.”
Moonpay of Senior Business Development Manager Oliver Jeffcott said in a statement Thursday: “From day one, we wanted Moonpay to be the platform that would improve access and usability for his Web3 community. This partnership is another step he takes to further that vision,” he said. added Jeffcott.
NFTs will make a comeback in 2023, and in the last 30 days he has recorded $1.067 billion in sales among 342,452 of his NFT buyers.. Luxrare is just behind Opensea in terms of sales so far, but has faced increasing competition since the launch of X2Y2 and Blur. Blur is the highest-grossing NFT to date, with him making $1.19 billion and X2Y2 making $1.11 billion in sales since its inception.
Image Credits: Shutterstock, Pixabay, Wiki Commons