Ivan Soto-Wright, CEO of MoonPay, joined Cantor’s Josh Siegler for a fireside chat. Ivan covered MoonPay’s business, his thoughts on the industry overall, and what the future of crypto will look like.

• MoonPay is a #web3 infrastructure company allowing consumers to buy & sell cryptocurrencies and NFTs using traditional payment methods like debit/credit cards. In contrast to typical cryptocurrency exchanges, MoonPay does not hold consumer funds. Instead, the company provides an easy-to-use interface for consumers to access the crypto economy and create their own crypto wallets

• Ivan highlighted how businesses serving as “on-ramps” to the crypto economy are becoming more common and less differentiated. As a result, MoonPay differentiates its solution by diversifying into NFTs with HyperMint. HyperMint is a self-service platform that enables anyone to create and deploy NFT smart contracts at scale from a single platform. The NFT space has suffered from a lack of user-friendly NFT infrastructure, which MoonPay believes has restricted usage

• HyperMint can act as a platform for users to utilize NFT technology in the same way that Amazon Web Services enables access to cloud computing. With HyperMint, MoonPay has teamed up with entertainment properties, including a major Brazilian soccer team

• Ivan compared the current NFT infrastructure to Netflix before the streaming service released hit shows. The infrastructure for widespread NFT adoption is in place, and the company believes it just needs popular content to attract a massive audience

#Cantorconferenceseries #Cantor #Crypto #DisruptiveFinance #FinTech #Cantorfitzgerald