ENS Partners with MoonPay

ENS Partners with MoonPay

Ethereum Name Service (ENS) is teaming up with MoonPay to simplify the process of purchasing and registering .eth domain names without needing Ethereum or a crypto wallet. The story was first reported by CoinDesk

The Deets

  • ENS and MoonPay working on collaboration
  • Fiat on-ramp for .eth domain purchases
  • Bypasses need for Ethereum and crypto wallet
  • Simplifies process for non-tech-savvy users

❗Why It Matters

This is one step closer to simplifying the onboarding into Web3 and making the world of Web3 more accessible to a broader audience. By eliminating the need for Ethereum and a crypto wallet, ENS and MoonPay are lowering the barriers to entry, encouraging more people to participate in the decentralized web and the broader crypto ecosystem - something the promise of ENS names already provides. 

🔜 What's Next

The groups are actively working on the fiat on-ramp, which does not have a scheduled release date.

 

 

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