Try our mobile app
--News Direct--
Uplift DAO, the cross-chain crypto launchpad offering crowdfunded support for disruptive web3 projects, has announced an integration with MoonPay, the leading web3 infrastructure company. The partnership will make it simpler for users to invest in new and exciting web3 initiatives using traditional payment methods.
Working together, Uplift and MoonPay are breaking down one of the major barriers for investors joining the web3 space. While web3 and cryptocurrency have moved out of infancy, the process of entering web3 and using cryptocurrency can still be incredibly complex for outside users. Many would be investors — retail and institutional — who look at challenges such as high entry barriers and ease of use and decide to invest in projects that use traditional fiat or more accessible payment methods, keeping out of Web3 completely.
With MoonPay, Uplift is setting a new standard for investing in crypto and Web3 projects, providing a simple on-ramp for anyone to buy and sell crypto using familiar fiat payment methods. MoonPay’s payments infrastructure provides a seamless and easily understood experience to investors. MoonPay converts between fiat, cryptocurrency and non-fungible tokens (NFTs), supporting all major payment methods, including debit and credit cards, local bank transfers, Apple Pay and Google Pay.
Through this partnership, Uplift makes it possible for people to buy and stake to purchase 100+ virtual assets natively on the platform with minimal fuss and, enabling them to invest in dozens of the exciting, early-stage IDO projects on Uplift’s launchpad. What’s more, users can get involved with Uplift’s projects with as little as $100, further lowering the barrier to entry into the world of web3 early investing.
“Our industry needs capital to continue to evolve. Our partnership with Uplift will make it even simpler for people to get involved in financing projects they believe in and reap the benefits of the growth of web3," said Oliver Jeffcott, senior business development manager at MoonPay.
“At Uplift DAO one of our core missions is to lower the barrier of entry to Web3 investment opportunities, whilst simultaneously raising the standard of usability for our users. By integrating MoonPay onto our platform, this is a key step towards web3 scalability not only for us as an IDO launchpad but for the future of web3 investing.” Irina Berezina, Growth Lead at Uplift.
Through Uplift’s unique Price Protection Promise, the company works closely with the industry’s leading due diligence experts to ensure each project it backs is not only of the highest quality, but also offers strong potential. The Price Protection Promise is based on Uplift’s Key Performance Indicator Protected Funding mechanism, wherein it maintains a set of KPIs for each project. Should a project fail to meet those performance indicators, investors will be given the opportunity to receive a refund.
Uplift’s Price Protection Promise is designed to establish trust between its projects and their communities, protecting users during times of uncertainty and ensuring they are protected when investing.
About Uplift DAO
Uplift DAO is a launchpad positioned to become the leading platform for disruptive projects and retail investors to come together. Uplift DAO has set a goal to become the first launchpad with a massive community of 1 million active participants. The platform is backed by Ikigai Ventures – an early-stage venture capital fund unlocking the growth potential of startups scaling in Blockchain, Esports, Fintech, and Gaming. Having raised 550,000 BUSD in its first two IDOs, the Uplift platform incubates, launches, and accelerates the most promising projects in the DeFi space.
Follow here for more updates.
About MoonPay
MoonPay is the world’s leading web3 infrastructure company. Its suite of on-and-off-ramp products provides a smooth experience for converting between fiat currencies and cryptocurrencies using all major payment methods, including debit and credit cards, local bank transfers, Apple Pay and Google Pay. MoonPay is active in more than 160 countries and is trusted by 450+ partners, including leading wallets, websites, and applications.
Dan Edelstein
View source version on newsdirect.com: https://newsdirect.com/news/uplift-dao-teams-up-with-moonpay-to-simplify-investing-in-web3-projects-639111348
