MoonPay Partners with Universal, Fox and Death Row Records

Crypto platform MoonPay is partnering with Universal Pictures, Fox Corporation and Snoop Dogg’s Death Row Records, with the goal being to launch HyperMint, a new NFT platform. The platform will allow major brands and entities to mint a large number of NFTs and distribute them.

In a Nutshell:

• MoonPay will be partnering with Universal Pictures, Fox Corporation, Snoop Dogg’s Death Row Records, and other brands to help them release “millions of NFTs.”
• The platform will be formally announced at the NFT.NYC event starting on Jun. 23.
• CEO Ivan Soto-Wright wants to include everything from digital fashion to tokenized stocks.

What it Means:

• This could be a huge break for MoonPay, as brands like Universal and Fox are sitting on huge mountains of intellectual properties. This trove of IPs could result in a huge influx of users.