According to ChainCatcher, according to The Block, blockchain payment infrastructure company MoonPay announced the launch of Web3 Tools, a platform designed to help brands provide consumers with a simplified Web3 experience. Web3 Tools provides a full range of features, including identity authentication, token gating, ticketing, and insights, enabling brands to build communities, cultivate loyalty, and unlock new sources of revenue. The new platform has assisted global brands such as Adidas, Gucci, Puma, and Mastercard in implementing Web3 plans.
MoonPay said it developed Web3 Tools using technology acquired through its acquisition of NFT solution ethpass, as well as previously undisclosed acquisitions of Plex Labs and Nifty’s.
