Singapore firm Moonstake Forms Strategic Partnership with Unstoppable Domains to ease Crypto Transactions

By: Asia Business Outlook Team | Tuesday, 20 December 2022

Moonstake is excited to announce we have become strategic partners with the leading multi-purpose blockchain domain solution Unstoppable Domains to simplify the crypto experience across the Web3 ecosystem. With the new integration, our users can now use a single “crypto username” to make transactions to others as well as applications and services supported by Unstoppable Domains. Conveniently send and receive Bitcoin, Ethereum, Cardano, and USDT cryptocurrencies using one simple custom “name” instead of juggling between multiple complicated crypto addresses.

With a single Unstoppable Domain name, make transactions of BTC, ETH, ADA, and USDT hassle-free on Moonstake Wallet. Instead of having to share multiple long, alphameric addresses to send and receive, you can just use a simplified, easily readable domain name. Unstoppable Domains are built on the Crypto Name Service (CNS) on Ethereum, issued as ERC-721 tokens that grant user irrevocable ownership of the domains they have created. This means that users are always in full control of their domain and assets and can manage their domain from any compatible wallet, exchange, marketplace, or any other Web3 applications that support this standard.

Mitsuru Tezuka, Founder at Moonstake, says: “We are thrilled to partner Unstoppable Domains to simplify crypto transactions for users worldwide. With the human-readable, customized domain name to replace long, complex crypto addresses, Moonstake hopes to improve the experience of crypto users by eliminating user error in your everyday crypto interactions. We are happy to be a strategic partner of the Unstoppable Domains ecosystem to help deliver a frictionless Web3 experience for global users while empowering you to always be in control of your assets.”

Moonstake started the staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 18 leading PoS assets including Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs (Ethereum and Polygon), IOST, TRON, Shiden, FIO, Everscale, Oasisa and Solana.

Meanwhile, Unstoppable Domains enables seamless connection to Web3 through the use of blockchain domains. Purchasing your own Unstoppable Domain allows you to have a blockchain-connected web address that turns multiple crypto addresses into one human-readable name that can also connect with exchanges, marketplaces, and other Web3 applications. This greatly simplifies crypto interactions by eliminating user errors when handling many lengthy randomized public keys. The purchased Unstoppable Domain is also in your full control, as you can transfer, upload, and link it to any compatible services and platform, such as Moonstake.