Saturday, October 16, 2021
Home Crypto News Market Visa Is launching An NFT Program To Help Digital Artists

Visa Is launching An NFT Program To Help Digital Artists

- Advertisement -

International bank card operator Visa has announced a partnership with NFT’s creator, artist Mika Johnson, to launch a new social project to help NFT creators.



According to the company’s press release, the collaboration aims to create a learning project that will help NFT creators better understand the non-fungible token industry and teach them how to use various public blockchain networks to develop and sell their digital works.

Visa will provide a link between the creators of the NFT and its network of payment partners. This will benefit digital artists as it expands their reach and drives business growth.

The decision to launch the training project was made two months after the company acquired NFT CryptoPunk #7610 for 49.5 ETH, which at the time of purchase was about $150,000.

Any author can apply for participation in the program. The American payment service is ready to sponsor the group and offer consulting services.

 

Visa’s new NFT education partner is former Major League Baseball (MLB) player Mika Johnson. After finishing his sports career in 2018, he became an artist.

Johnson created NFT Aku featuring an African American boy in a large space helmet who dreams of becoming an astronaut. NFT Aku was sold in February 2021 within 24 hours for more than $2 million.

Mika Johnson believes that the project’s mission is very important for the development of the NFT industry. “I am delighted to have the opportunity to work and learn from a trusted brand like Visa. Together, we want to give NFT creators the resources they need to stay at the forefront of this revolution.”

As a reminder, the Chinese company Alibaba recently launched an NFT marketplace. The American division of the FTX cryptocurrency exchange has created a platform for buying and selling NFTs. Recently Coinbase also announced to launch their NFT marketplace.

Read: In Less Than 24 Hours Coinbase NFT Waitlist Tops 1,000,000 Signups

ReadCoinbase Is launching Its Own NFT Marketplace

 

- Advertisement -
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Realvision Founder Raoul Pal, “You Can Be Angry At Central Banks, Governments Or You Can Be Optimistic And Migrate To The New World Of...

RealVision founder Raoul Pal made important statements on digital currencies on Twitter. window.coinzilla_display = window.coinzilla_display || ; ...

El Salvador President, Nayib Bukele Says Citizens Are Using More USD To Buy Bitcoins

El Salvador President Nayyib Bukele shared two facts about the cryptocurrency wallet Chivo. window.coinzilla_display = window.coinzilla_display ||...

SEC Tacitly Approves First Bitcoin Futures ETF

The US Securities and Exchange Commission (SEC) has approved the ProShares application to launch the Bitcoin Futures ETF. Trading starts on Monday, October 18th. Also...

Bitcoin Above $60K After Twitter CEO, Jack Dorsey Said Square Is Considering Building A Bitcoin Mining System

Jack Dorsey says that Square is “considering” building its own Bitcoin mining system using custom silicon and open-source software. Read: Vladimir Putin: “Cryptocurrencies Have A Right...

CFTC Fined Bitfinex And Tether To Pay $42.5 Million Over USDT Backing

The United States Commodity Futures Trading Commission (CFTC) has settled claims against Tether and Bitfinex, ordering the company to pay fines totaling $ 42.5...

Bank Of Japan: “The Digital Yen Should Be Compatible With All Payment Services”

Executive Director of the Bank of Japan, Shinichi Uchida, believes that the digital Yen should be as simple and convenient to use as possible,...

Morgan Stanley CEO: “I Don’t Think Crypto Is A Fad, I Don’t Think It’s Going To Go Away”

Morgan Stanley CEO James Gorman said that the bank's clients show little interest in cryptocurrencies, but expressed confidence that digital assets will remain for...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.