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- Visa made an announcement stating that there will be an introduction of a program to bring out the artists into the NFT realm
- Visa has also mentioned that it will be funding a small group of innovators who are headed by Micah, in order to teach and educate them on how to create and sell digital assets by making use of blockchain facilities and techs
- This happened presumably in an attempt to capitalize on the current surge in its popularity
Visa made an announcement stating that there will be an introduction of a program to bring out the artists into the NFT realm. Micah Johnson. A former MLB player who is also a digital artist, presently will be collaborating with the firm to demonstrate the benefits of NFTs and the tech related to it, to the world. Micah, a developer of Aku, which is a character based on NFT has also used NFT to create a community around the character and its creation which is present around it. Johnson has mentioned about NFT in an interview, stating that NFT has given him the opportunity to create a community of individuals who care about his works and it is in a way that goes beyond merely just sharing or enjoying it.
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Visa has also mentioned that it will be funding a small group of innovators who are headed by Micah, in order to teach and educate them on how to create and sell digital assets by making use of blockchain facilities and techs. The businesses will also advise these artists on how to commercialize their work using both conventional and digital payment systems. Visa falls under one of the several corporations that have opened an NFT research titled as NFT’s engaging today’s fans in Crypto as well as commerce. It is one of the several corporations that have hopped on NFT this year.
This happened presumably in an attempt to capitalize on the current surge in its popularity. Recently, in August it had announced the purchase of Cryptopunk which happens to be a well known NFT collectible brand. It was purchased in ETH, at around 165,000 dollars. The above mentioned crypto and commerce platform could be used invasively to engage and boost fans and also in improving customer relationships. It can also uncover the new income streams for the existing firms.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
