The Worldwide Asset eXchange now supported in the US - MoonPay

MoonPay will now enable the purchase of WAXP with fiat currency in the US.

The Worldwide Asset eXchange now supported in the US

We’re excited to share that <a href="https://on.wax.io/wax-io/">WAX</a> (WAXP) is now available for purchase for MoonPay customers in the US!
WAX (Worldwide Asset eXchange) is an environmentally friendly, purpose-built blockchain designed for dApps (decentralised applications), NFTs, gaming, virtual worlds, and collectibles. 
The WAX blockchain makes it incredibly easy for creators to build, launch, and distribute NFTs to a global participant pool. Brands that have built on WAX include Topps x MLB, Capcom, Atari, Funko, and Lionsgate, to name a few.
The blockchain is also known for being certified carbon neutral. Besides running on an eco-friendly delegated proof of stake system, WAX also has features that allow it to slash CO2 emissions. For example, users can trade NFTs digitally or redeem them for physical collectibles on WAX’s vIRL (virtual in real life) NFT marketplace. The blockchain is able to cut down on environmental waste by only allowing items to be redeemed once in the physical world. 
<figure class="kg-card kg-image-card kg-card-hascaption">
 <img src="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/5K9DSpbvaoeSE0rHb4tTwyllSZZD5DnTdUoRcbIkWkLq-67l6yOO_uoCERxd1qN-BnsG3yNYKAid-cQ2_B8NaVVajQGyBuHQA6MXTiQMdTKPGF1OvPuY_pD3TaRm2rEfLkWzREMs=s0-3.png" class="kg-image" alt="A graphic illustrating WAX’s delegated proof of stake system.">
 <figcaption>
 WAX’s delegated proof of stake system makes it the most climate-friendly blockchain and NFT ecosystem (
 <a href="https://on.wax.io/wax-io/">Image source</a>)
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 MoonPay has made the buy flow significantly faster and we now offer a fixed quote, guaranteeing the amount of crypto you will receive.
Due to regulatory reasons, WAXP purchases are available in every state except Hawaii, New York, Rhode Island, and the US Virgin Islands.
We’re thrilled to be working with this leading NFT network and can’t wait to see what else is in store!
You can <a href="https://www.moonpay.com/buy/wax">buy WAXP</a> now through MoonPay.

We’re excited to share that <a href="https://on.wax.io/wax-io/">WAX</a> (WAXP) is now available for purchase for MoonPay customers in the US!

MoonPay partners with leading wallet Blocto - MoonPay

Blocto is now the first crypto wallet in the Flow ecosystem to have a full on-ramp capability.

MoonPay partners with leading wallet Blocto

In yet another trailblazing collaboration, we’re partnering with crypto wallet provider Blocto to enable an industry-first wallet with a fiat on-ramp into the <a href="https://www.moonpay.com/blog/flow-blockchain">Flow ecosystem</a>! 
The partnership will offer easy access to NFT marketplaces such as online role-playing game <a href="https://chainmonsters.com/">Chainmonsters</a>, one of the most popular games on Flow’s ecosystem.
“Our mission at MoonPay has always been to make fiat-to-crypto transactions as simple as possible,” said MoonPay co-founder and CEO Ivan Soto-Wright. “As blockchain-based games such as Chainmonsters become increasingly popular, &nbsp;we’re excited to be partnering with Blocto to offer a new and easy experience for fuelling blockchain games.” &nbsp;
Hsuan Lee, CEO of Blocto, added: “The key to ensuring blockchain’s mainstream’s adoption is a two-part process: creating exciting DApps such as Chainmonsters, but then also making sure they are easily accessible. We’re pleased we can collaborate with a like-minded partner like MoonPay to offer users a new and easy experience for blockchain games.” 
Blocto’s integration with MoonPay means it will be the first crypto wallet in the Flow ecosystem to have a full on-ramp capability. Users can now use traditional payment methods like debit cards or Apple Pay to convert their US dollars into <a href="https://www.moonpay.com/buy/flow">FUSD</a> when making purchases.
We can’t wait to see what new developments will come of this exciting collaboration!

In yet another trailblazing collaboration, we’re partnering with crypto wallet provider Blocto to enable an industry-first wallet with a fiat on-ramp into the <a href="https://www.moonpay.com/blog/flow-blockchain">Flow ecosystem</a>!

The soul of MoonPay: A values statement - MoonPay

Every company needs a set of values to shape its culture and guide it forward. MoonPay’s values will be at the heart of everything we do.

The soul of MoonPay: A values statement

MoonPay’s <a href="https://www.moonpay.com/blog/the-moonpay-mission">mission</a> has been clear from the start: provide the next billion people access to cryptocurrency. Everything we’ve done in our first two years has been directed towards that goal, because we believe wholeheartedly in the future of crypto and its power to democratize finance. 
But while we’ve been clear about our mission, we haven’t set out our values. We’ve lived them, but until now we haven’t defined them. 
Our values inspire us to do better and become the best we can be. While they’ll help us on our mission, they’re more than just a means to an end—they establish who we are and what we stand for. Our values are our soul, and without them we’d be adrift. 
After much consideration, we’ve arrived at the acronym “BLOCK” to define our core values: 
B - Be humble
L - Lead with empathy 
O - Own it
C - Communicate with clarity
K - Kaizen 
<h2 id="be-humble">Be humble</h2>
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</figure>
They say that pride is concerned with who is right, whereas humility is concerned with what is right. As a company, we’re not going to solve complex problems with individual egos—everything we do is a collaborative process. 
For us, the three core elements of humility are:
1. Celebrating wins as team efforts 
We celebrate wins by acknowledging the teamwork involved to achieve them.
2. Learning from mistakes
We use mistakes as an opportunity to grow. 
3. Embracing feedback
When feedback is given, it’s respectful and with the intent to help our colleagues improve. When it’s received, it’s embraced. 
<h2 id="lead-with-empathy">Lead with empathy</h2>
<figure class="kg-card kg-image-card">
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</figure>
When things are unclear, or the potential for conflict arises, we seek to understand each other’s perspective first. Empathy and humility are interlinked—they’re the glue that holds us together and ensures we see ourselves as a team and not just a collection of individuals. 
Leading with empathy means: 
1. Being empathetic in each interaction
We use empathy as a guide for understanding each other, and we assume positive intent in each interaction.
2. Understanding how actions affect others
We take action that is respectful and in the best interest of our team, users, and partners.
3. Being ready to give and receive help
When someone needs help, we give it willingly. When we need help, we ask. 
<h2 id="own-it">Own it</h2>
<figure class="kg-card kg-image-card">
 <img src="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/04-Own-Oct-09-2021-06-31-54-66-PM.png" class="kg-image" alt="" srcset="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/04-Own-Oct-09-2021-06-32-04-62-PM.png 600w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/04-Own-Oct-09-2021-06-32-00-72-PM.png 1000w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/04-Own-Oct-09-2021-06-32-03-83-PM.png 1600w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/04-Own-Oct-09-2021-06-31-54-66-PM.png 2048w" sizes="(min-width: 720px) 720px">
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This value is twofold. Firstly, everyone who works at MoonPay owns a piece of the pie and is empowered to make the company a success. We drive innovation by seeking ways to improve our products, metrics, and culture, regardless of level or title.
But more importantly, every decision is made and executed with accountability. We take intelligent risks and accept responsibility when they don’t work out. If a mistake is made, we own up to it.
To “own it” means to: 
1. Act like an owner
Each of us plays a part in making MoonPay a success. 
2. Take responsibility 
We hold ourselves accountable for every decision we make.
3. Acknowledge mistakes
When things don’t work out, we take responsibility for our mistakes then work out the right corrective action.
<h2 id="communicate-with-clarity">Communicate with clarity</h2>
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 <img src="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/05-Community-Oct-09-2021-06-32-03-03-PM.png" class="kg-image" alt="" srcset="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/05-Community-Oct-09-2021-06-31-58-26-PM.png 600w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/05-Community-Oct-09-2021-06-32-07-11-PM.png 1000w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/05-Community-Oct-09-2021-06-31-53-32-PM.png 1600w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/05-Community-Oct-09-2021-06-32-03-03-PM.png 2048w" sizes="(min-width: 720px) 720px">
</figure>
Communication is at the core of everything we do. In order for communication to be clear and effective, it must be: 
1. Direct, honest, and constructive
Ambiguities and points of disagreement are resolved swiftly and efficiently.
2. Delivered in real time
There should be a maximum of one working day in which something goes unresolved owing to a communication issue.
3. Respectful
In order for ideas to be shared openly and without fear of negative consequences, there should be mutual respect and the assumption of good intent. 
<h2 id="kaizen">Kaizen</h2>
<figure class="kg-card kg-image-card">
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</figure>
Kaizen in Japanese literally means “change for better”. With Kaizen, a 1% improvement compounded daily over a year can translate to 3,700% growth. We want to reap big gains through small tweaks. 
Kaizen means we’re: 
1. Always improving
We seek to get better every day. 
2. Inspiring excellence 
Through small steps, we ultimately attain the highest possible standard.
3. Finding more efficient ways to do everyday tasks
Even at the most mundane level we’re never satisfied with the status quo. We look for improvements in everything we do and challenge one another to think big and push boundaries.
These values weren’t chosen arbitrarily, but with much deliberation. We wanted something that was both a good fit for our culture as it stands and that we can aspire to as we progress. And we aren’t just paying lip service to the BLOCK values: they’re currently being embedded in our operations, from interview procedures and management training to career progression plans, so that we practice what we preach. 
MoonPay has come a long way in a very short time. We’ve matured quickly and continue to grow at a tremendous pace. In such a fast-changing, high growth environment, values are more important than ever. If our mission is like a ship’s rudder, pointing us in the right direction, our values are the ballast keeping us stable. We intend to apply them as best as we can so that, in the spirit of Kaizen, we’ll get better every day.

MoonPay’s <a href="https://www.moonpay.com/blog/the-moonpay-mission">mission</a> has been clear from the start: provide the next billion people access to cryptocurrency. Everything we’ve done in our first two years has been directed towards that goal, because we believe wholeheartedly in the future of crypto and its power to democratize finance.

Elrond eGold now supported in the US - MoonPay

MoonPay will now enable the purchase of Elrond eGold (EGLD) with fiat currency in the US.

Elrond eGold now supported in the US

We’re delighted to share that Elrond eGold (EGLD) is now live for purchase for MoonPay customers in the US!
Elrond is a fast and secure blockchain for digital payments, distributed apps (DApps), and enterprise use cases built for the new internet economy. The network runs on minimal fees (as low as $0.001 per transaction), which are used to support security and transaction speed.
<figure class="kg-card kg-image-card kg-card-hascaption">
 <img src="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/ect37ne6jtM7bckxPzsXqz0xXHgwBSyNz_pnn8dDZTtTcVEWJkBiz8J_VvoQwSTBMTn-FsHvxeb-otuHpDCrGoV7fpwNWcK0hZ5eNRT9mXSAngUP8OQEhlVyxVC3Xfh1lpF_Di6R=s0-3.png" class="kg-image" alt="A picture of the Elrond ecosystem">
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 A snapshot of the fast-growing Elrond ecosystem (
 <a href="https://pbs.twimg.com/media/EdN_CmkX0AMVOrd?format=jpg&amp;name=large">Image source</a>)
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</figure>
Due to regulatory reasons, Elrond purchases are available in every state except Hawaii, New York, Rhode Island, and the US Virgin Islands.
EGLD is available for purchase via MoonPay or through <a href="http://maiar.com">Maiar</a>, a completely decentralised and <a href="https://www.moonpay.com/blog/how-to-choose-a-crypto-wallet">non-custodial</a> wallet. Maiar, which also allows users to store Binance (BNB), Ethereum (ETH) and Bitcoin (BTC), rewards EGLD through staking, delegating, or running a validator node.
MoonPay has made the buy flow significantly faster and we now offer a fixed quote, guaranteeing the amount of crypto you will receive.
We couldn’t be more excited about providing US users access to Elrond’s global digital economy!
You can <a href="http://buy.moonpay.com">buy EGLD now</a> through MoonPay or with your <a href="https://maiar.com/">Maiar</a> wallet.

We’re delighted to share that Elrond eGold (EGLD) is now live for purchase for MoonPay customers in the US!

We must take environmental concerns seriously - MoonPay

While the media’s portrayal of crypto’s environmental impact is often misleading, the industry still has a responsibility to take these concerns seriously.

We must take environmental concerns seriously

In light of MoonPay’s ambitious <a href="https://www.moonpay.com/blog/the-moonpay-mission">mission to bring crypto to the next billion people</a>, I'm often asked about the impact this will have on the environment. The media is daily churning out stories that paint a near apocalyptic picture. Headlines like “Why Bitcoin is bad for the environment” and “NFTs are destroying our planet” abound. Some have called Bitcoin a “dirty currency.” For the casual observer, there’s no debate: crypto harms the planet and to support it is to be complicit in environmental degradation.
Forget the countless ways that crypto is transforming the way we bank and do business. Put aside how blockchain technology is fundamentally changing how we hold governments and legacy institutions accountable. The impact of crypto on the environment, considered on its own, simply isn’t what the doomsayers would have us believe.
When we talk about crypto’s environmental impact, what we really mean is mining, the energy-intensive means by which a blockchain ledger is maintained. Mining is the real culprit here, and critics are right: mining does use a lot of energy. But as Bitcoin expert Andreas Antonopulos has pointed out, to argue that this energy usage is excessive per se would be like arguing that electric cars harm the environment more than gas-powered cars because the coal-fired electricity plants that run them use more energy. This, of course, is a fallacy: it conflates energy production with energy consumption (which, for gas-powered cars, includes the distribution of oil across the world and the emissions of billions of vehicles). Mining does use a lot of energy, but purely at the level of production—energy usage does not increase linearly with consumption. Companies like ours, which facilitate crypto payments, are more like the tires on a car rather than its exhaust fumes.
But still, mining does use a lot of energy at the level of production, so how do we address that? Miners aren’t oblivious to their carbon footprint and have long made efforts to move towards renewable sources of energy. This isn’t just out of the goodness of their hearts—since mining can happen anywhere in the world, it’s well-suited for renewables. CoinShares’ <a href="https://coinshares.com/insights/majority-of-btc-energy-sourced-from-hydro-wind-solar">Bitcoin Mining Report</a> predicts the Bitcoin mining industry will soon be heavily driven by alternative energy sources such as hydro, wind, and solar. It currently estimates that the proportion of renewable energy used by the industry is already four times the global average energy mix.
Of course, these counterarguments shouldn't be taken too far. Many crypto proponents are quick to wave aside environmental concerns by pointing out that crypto’s energy usage pales in comparison to other essential services we use in our everyday lives. Bitcoin mining consumes less than one-fifth of the energy that banks and ATMs do, for example.
These rebuttals are overly dismissive. Notwithstanding the media’s tendency to exaggerate and sensationalise, environmental concerns must be taken seriously. The industry has a long way to go, and its impact—not just on the environment but on society as whole—must be constantly interrogated.
Nevertheless, there are good reasons to be hopeful. The future of cryptocurrency will be cleaner, partly because there will be a shift to proof-of-stake mechanisms like ETH2, which don’t require high-cost computational problem solving. There will also be many breakthroughs in the next decade that will help us use crypto as a vehicle for environmental initiatives. A 2019 <a href="https://www.sustainablefinance.hsbc.com/mobilising-finance/blockchain-gateway-for-sustainability-linked-bonds">HSBC report</a> details how issuing Green Bonds on the blockchain, for example, could scale this relatively new asset and therefore significantly increase the number of green projects. As the space continues to mature, it is my hope that we can have thoughtful and sometimes difficult conversations regarding the future we wish to build.
MoonPay will continue to work to improve each and every day to bring crypto to the masses, ignoring the noise when necessary and moving the needle where it matters most. We have some of the smartest and most ambitious people in the world devoting their lives and careers to this new and exciting technology, and we’re proud to play a role in leading the way.
As part of our ongoing effort to minimize our environmental impact, we’ve pledged to be carbon neutral by 2025—an ambitious goal that we’ll achieve by offsetting unavoidable emissions and investing in measures to reduce our carbon footprint. We’ve already begun taking steps in this direction by ensuring our energy consumption is powered by renewable sources, and, as a remote company, we’ll always remain 100% paperless. These efforts are just a start, however, and we’ll continue to look for ways to be greener.
Although crypto is not the environmental bogeyman it’s often made out to be, that doesn’t absolve the industry of its responsibility to do its part. We must take environmental concerns seriously—it’s the right thing to do.

In light of MoonPay’s ambitious <a href="https://www.moonpay.com/blog/the-moonpay-mission">mission to bring crypto to the next billion people</a>, I'm often asked about the impact this will have on the environment. The media is daily churning out stories that paint a near apocalyptic picture. Headlines like “Why Bitcoin is bad for the environment” and “NFTs are destroying our planet” abound. Some have called Bitcoin a “dirty currency.” For the casual observer, there’s no debate: crypto harms the planet and to support it is to be complicit in environmental degradation.

ICYMI: We have a new website! - MoonPay

We’ve just launched our new website. MoonPay.com now has a sleek new layout and easier navigation.

ICYMI: We have a new website!

We’re excited to introduce the new <a href="http://www.moonpay.com">MoonPay.com</a>! 
While our services remain the same, we now have a new and improved layout for easier usability and navigation. 
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 <img src="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/Screenshot-2021-09-14-at-13_20_43-Oct-09-2021-06-33-16-36-PM.png" class="kg-image" alt="" srcset="https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/Screenshot-2021-09-14-at-13_20_43-Oct-09-2021-06-33-17-89-PM.png 600w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/Screenshot-2021-09-14-at-13_20_43-Oct-09-2021-06-33-15-64-PM.png 1000w, https://f.hubspotusercontent20.net/hubfs/14494874/Imported_Blog_Media/Screenshot-2021-09-14-at-13_20_43-Oct-09-2021-06-33-16-36-PM.png 1193w" sizes="(min-width: 720px) 720px">
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We’ve clearly separated our personal and business journeys so that anyone visiting our homepage can go straight to the pages most relevant to them. Whether you’re a business looking to integrate our widget or an individual looking to buy or sell cryptocurrency, you’ll know where to go. 
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We also have a new <a href="https://www.moonpay.com/about-us">About us</a> page that gives a brief history of MoonPay’s founding, and a dedicated <a href="https://www.moonpay.com/careers">Careers</a> page so we can attract the best talent in the world. 
But we won’t give it all away—take <a href="http://www.moonpay.com">a look for yourself</a> and see what you think.

We’re excited to introduce the new <a href="http://www.moonpay.com">MoonPay.com</a>!

MoonPay Blog