Payments Giant Visa starts NFT program to support digital artists-

15. Oktober 2021

Krypto News Österreich

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Visa, one of the leading credit and payment companies, has announced the creation of a program that enables artists to understand how they can use new technologies such as NFTS. According to Visa, NFTS have the potential to compensate for the field for artists and enable them to close the gap between art and their potential consumers. The company will sponsor a group of artists and advise you on the importance of these cryptographic technologies.

Visa wants artists to learn more about NFTS

Visa has To introduce it into the world of the NFTs. The company works with the former MLB player Micah Johnson, who is now a digital artist, to show the advantages of the non-fungal token (NFT) technology. Things like new markets for art creations and at the same time close the gap between consumers and art providers.

Micah, the creator of AKU, an NFT-based character, used NFTS to breathe life into a community around its creation. Johnson said about the possibilities that the NFT world can offer:

nfts opened me the opportunity to build up a community of people who are interested in supporting my work - in a way that goes far beyond mere liking or parts

VISA will sponsor a small group of creators under the direction of Johnson to teach artists, use blockchain-based tools to produce and sell digital goods. The company will also advise these artists on how to use digital and traditional payment methods to monetize their work.

The NFT season is brandy

VISA is one of the many companies that have jumped into the NFT train this year and may try to use the popularity of these instruments that has recently been achieved. Es announced the purchase of a cryptopunk nfts in August for 165 000 US dollar in Ethereum ( eth ). Cryptopunks is a popular NFT collectible brand on the market that distributes hundreds of derivatives over several blockchains.

then Visa issued an NFT-report Today’s fans in Crypto and Commerce ”, in which the various possibilities are explained how NFTS can be used to increase fan engagement, better manage customer relationships and find new potential sources of income for current companies. The report shows that Visa NFTS sees as a serious project to expand its market and include new businesses that can be combined with its current payment services.

What do you think of Visa and your current interest in NFTS? Tell us in the comment area below.

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