On Thursday, fiat-to-crypto access business Moonpay announced a multi-year partnership with non-fungible token (NFT) marketplace Looksrare. Under the agreement, Looksrare will allow users of the marketplace to buy and sell crypto assets through Moonpay services.
Moonpay and Looksrare join forces to streamline NFT transactions
moon paymentfiat-to-crypto service founded in 2019, revealed that it has partnered with the NFT marketplace, It looks weird. Launched in August 2022, Looksrare was one of the first NFT marketplaces to actively reward traders with their own token. ASPECT. According to dappradar.com statistics on February 9, 2023, since its inception, the NFT Looksrare marketplace has registered $1.7 billion on sale.
According to an announcement sent to Bitcoin.com News, Moonpay is introducing an NFT payment integration with Looksrare that allows anyone to purchase NFTs with a credit card. “Payment will be available for all primary and secondary sales on Looksrare,” according to Moonpay’s announcement. “With the NFT payment integration, Looksrare users will be able to easily purchase an NFT with a debit or credit card, eliminating the need to purchase cryptocurrency first.”
“We are excited to become an exclusive partner of Looksrare and offer its users more opportunities to buy and sell their cryptocurrency,” Oliver Jeffcott, Moonpay’s senior business development manager, said in a statement Thursday. “Since day one, we have wanted Moonpay to be a platform that increases access and ease of use for the Web3 community and this partnership is another step in furthering that vision,” added Jeffcott.
NFTs have experienced a resurgence in 2023 and in the last 30 days, $1.067 billion has been sold. Recorded among 342,452 NFT buyers. Looksrare, in terms of all-time sales, is just below Opensea, but has faced increased competition since the release of X2Y2 and Blur. Blur has recorded $1.19 billion in all-time NFT sales to date, and X2Y2 has recorded $1.11 billion in sales since its inception.
What do you think of the partnership between Moonpay and Looksrare? Let us know what you think about this topic in the comments section below.
image credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or a solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
