TechFlow news, according to Cointelegraph, cryptocurrency infrastructure company MoonPay plans to increase investment in digital experience services for brands, aiming to launch a dedicated Web3 platform for digital interactions.
The new platform will combine MoonPay's existing offerings with new tools including crypto payments, authentication, ticketing, tokenization, and NFT minting. The market is projected to exceed $25 billion by 2029.
Discussing the company's focus on bringing brands into Web3, MoonPay co-founder and CEO Ivan Soto-Wright said: "Digital experiences are the future of consumer engagement." "Brands need security and simplicity to confidently bring new business opportunities to market."
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