Visa plans the introduction of an NFT program that focuses on helping youtubers

Visa plans the introduction of an NFT program that focuses on helping youtubers

The global financial service company Visa works with the NFT artist Micah Johnson to develop a program that enables creators to understand the non-fungal token industry and to use different public blockchain networks to develop and sell their digital works.

Visa To inform creators about NFTS

Visa gave the message about a. known Press release on Wednesday (October 13, 2021). The company said that it would establish a connection between creators and its network of payment partners, which would benefit the former because it would expand the reach of their audience and promote business growth.

The latest development comes almost two months after the first NFT purchase of Visa. How reported by crypto potato In August the financial service giant paid 49.5 ETH for a cryptopunk-nft, which was then estimated at $ 160,000.

Meanwhile, the company announced in the recent announcement that it will select a group of developers who should form the first class of Visa through an open application process. The US company will offer the group sponsors and advisory services.

Visas partner, Micah Johnson, was a former player of the Major League Baseball (MLB), who retired in 2018 and was NFT artist. Johnson is the creator of "Aku", a young African -American boy with a large space helmet that dreams of becoming astronaut.

The NFT character was first published in February 2021 and sold to tokens worth over $ 2 million within 24 hours. AKU later became the first NFT to be option for TV and film .

to work with Visa Johnson said:

"I am pleased about the opportunity to work with a trustworthy brand like Visa and learn from it. Through the collaboration, we would like to provide creators with the resources you need to stay at the top during this revolution."

More companies open up the NFT sector

Visa has joined the list of companies that use the growing NFT industry. In September, video sharing-social networking platform tiktok announced The start of his nft-collection contains videos of some influential creators such as Lil Nas X, Brittany Broski and Rudy Willingham.

The large US cryptocurrency exchange Coinbase recently announced plans for setting up an NFT marketplace with initial support for ERC-721 and ERC-1155 tokens. Another crypto exchange platform, FTX, started your NFT marketplace called Solana NFT marketplace for US customers.

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