MoonPay is pleased to announce a new strategic partnership agreement with Base, a layer two solution and project incubated by Coinbase. Its mission is to improve the digital payments ecosystem on Base. Users and developers should be able to enjoy a seamless, secure and reliable purchasing experience as a result of this coordination, which is expected to transform the way traditional marketplaces – such as OpenSea, the world’s largest peer-to-peer NFT marketplace – transact .
A plethora of benefits aimed at reducing the stress of acquiring digital artifacts are accomplished through the integration of MoonPay Checkout into the Base ecosystem, which significantly improved the user experience. Traders will now be able to complete their transactions in a short time with better security protocols and support from various coin houses that are compatible ensuring a high success rate for the tasks. Moreover, MoonPay accepts USDC and ETH, indicating that it supports many cryptocurrencies and can serve a broader customer base.
Base has generated a lot of attention, and for good reason. Base is a new blockchain entry that aims to democratize the development of decentralized apps (Aapps), making it more affordable and accessible for anyone to enter the dApp production arena, regardless of their location. This fully aligns with MoonPay’s goal to make web3 technology easy for users by simplifying the landscape and offering the platform to global users.
MoonPay will gain access to the long-standing partnership created to facilitate seamless entry into the evolving Base NFTs market through the OpenSea partnership. With OpenSea as the market leader in NFT and Ethereum’s Base at the forefront of Layer-2, web3 technology has a chance to gain widespread adoption.
Collectively, MoonPay, OpenSea and Base represent a force that would drive mass adoption of web3 technology. They will break down barriers and create new opportunities for creators, programmers and users around the world. This partnership not only reflects the shared goals and genuine commitment of all individuals involved to be innovative and push the boundaries of the digital market, but also highlights the prospect of such collaboration in shaping the future of the digital economy.