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Moonpay partners with MetaMask for fiat deposits and launches NFT minting service platform "HyperMint"

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Moonpay partners with MetaMask for fiat deposits and launches NFT minting service platform "HyperMint"

MetaMask has integrated with the third-party payment institution Moonpay, becoming its third fiat payment partner; MoonPay is also expanding into the NFT field, launching the NFT minting service platform HyperMint, aiming to become the AWS of the NFT industry.

MetaMask Fiat Deposit

MetaMask has integrated fiat on-ramp solutions such as Transak, a fiat aggregator, and Wyre, a cross-border payment fintech company, in March and April this year respectively, enabling users to purchase cryptocurrencies via Apple Pay, Google Pay, credit cards, and other methods.

Based on the supported regions by MoonPay, payment options for users in the United States are limited to 1-3:

  1. Credit/Debit Cards (MasterCard, Visa, and Maestro)
  2. Apple Pay
  3. Google Pay
  4. SEPA and SEPA Instant (limited to euro payments in eurozone countries)
  5. UK Faster Payments (limited to GBP transactions within the UK)

NFT Minting as a Service

Moonpay has previously collaborated with various celebrities to offer concierge services for purchasing popular NFTs like Bored Ape Yacht Club, with endorsements from big names such as talk show host Jimmy Fallon, as well as investments from superstars like Justin Bieber and Snoop Dogg.

In January this year, they introduced NFT Checkout, allowing users to buy NFTs with debit/credit cards, and in early April, integrated NFT Checkout with OpenSea.

While MoonPay has not disclosed information about "HyperMint" on Twitter, their job postings broadly describe the platform's capabilities, aiming to provide an easy NFT issuance service for businesses, brands, and creators, including large-scale deployment, management, and issuance.

Currently, HyperMint is seeking Solana and Ethereum developers, foreseeing a promising future in the NFT space. In their announcement, HyperMint stated:

We're breaking the complexity of deploying NFTs and token strategies apart, reducing the issuance time from months to weeks, or even just a few days, envisioning an AWS version of NFT service platform.

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