To eliminate the pain points associated with cryptos like misunderstanding, trepidation, and fear, Unstoppable Domains has collaborated with Fantom to make transactions simpler and easier.
Fantom, a layer-1 blockchain platform, expects the strategic partnership to trigger a frictionless and unified crypto ecosystem. Per the announcement:
“Unstoppable Domains will support the Fantom network, and allow Fantom’s more than 3.5 million users to benefit from the simplified movement of digital assets via human-readable wallet addresses.”
Unstoppable Domains is a top platform for Web3 digital identity whose NFT domains act as a payment hub comprising human-readable addresses.
Through the partnership, the Fantom network will benefit from simplified crypto transactions, user verification, and identity ownership.
Michael Kong, Fantom CEO, noted:
“Unstoppable Domains has been at the forefront of decentralized domains for years, and is a pioneer in the Web3 space. We are thrilled to work alongside Unstoppable Domains to bring these domain names to the Fantom Network, and to further simplify the movement of digital assets for our users.”
On his part, Sandy Carter, SVP and channel chief of Unstoppable Domains stated:
“The number of use cases for NFT domains continues to grow. We are excited to work with Fantom Foundation to help improve crypto payments, and bolster the wider Web3 landscape.”
The Fantom network recently incorporated automatic audits into decentralized applications (dApps).
Meanwhile, Unstoppable Domains recently introduced an easier way for users to purchase cryptocurrencies on MoonPay, Blockchain.News reported.
The partnership between MoonPay and Unstoppable Domains is intended to resolve the loss of crypto funds once sent to the wrong addresses because it is nearly impossible to recover. Furthermore, the collaboration also intended to make the onboarding of mass users into the Web3.0 space more realistic.
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Source: https://blockchain.news/news/unstoppable-domains-partners-with-fantom-to-make-crypto-transactions-easier