Visa Program to Help Creatives Build Their Businesses With NFTs

2 years ago

Payments elephantine Visa (V) unveiled a Creator Program wherever selected tiny concern owners successful fields similar music, manner and movie volition beryllium supported successful expanding their operations done the usage of non-fungible tokens (NFT).

  • “NFTs person the imaginable to go a almighty accelerator for the creator economy,” Cuy Sheffield, Visa’s caput of crypto, said successful a statement. “Through the Visa Creator Program, we privation to assistance this caller breed of tiny and micro businesses pat into caller mediums for integer commerce.”

  • According to Visa, the Creator Program is simply a one-year immersion into the satellite of NFTs, with enactment focused successful method and merchandise mentorship, assemblage building, entree to thought leaders, vulnerability to Visa clients and partners, and a one-time stipend.

  • The alleged creator system has an estimated marketplace size of implicit $100 billion, according to Visa, citing information from Influencer Marketing Hub.

  • One of the archetypal Creator Program participants is erstwhile Major League Baseball 2nd baseman Micah Johnson, who launched his NFT quality Aku past year.

  • The quality comes a week aft the company’s crypto merchandise lead near for a caller accidental successful Web 3 payments.

DISCLOSURE

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Michael Bellusci is CoinDesk's crypto payments reporter.


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