Share this article
Payments giant Visa has announced a program to help content creators make and sell non-fungible tokens (NFTs).
Visa Will Work With Micah Johnson
Visa plans to select a group of creators, sponsor that group, and provide consulting services to them.
It will also build connections between those NFT creators and its own network of payment partners. Visa’s Head of Crypto, Cuy Sheffield, noted that the firm will help participants “navigate both crypto and traditional payment infrastructure.”
Visa will partner with former MLB player Micah Johnson, creator of the Aku NFT series, to run the program. The series sold $2 million of tokens in a 28-hour auction this year. Its main character, a young Black astronaut with an oversized space helmet, was optioned for film and TV in April.
Johnson noted that “NFTs unlocked an opportunity for me to build a community of people interested in supporting my work — in a way that goes way beyond simply liking or sharing.”
Other NFT Efforts
Visa recently purchased a CryptoPunks NFT for its own collection of financial artifacts for $150,000. That announcement hinted that Visa would introduce new NFT services such as the one announced today.
The news also comes shortly after crypto exchange Coinbase announced that it will create an NFT marketplace.
Other companies including Ripple and TikTok have also announced their own NFT plans.
Disclaimer: At the time of writing this author held less than $75 of Bitcoin, Ethereum, and altcoins.
Share this article
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
See full terms and conditions.
Visa Is Building a Hub for Cross-Chain Crypto Payments
Visa is launching a universal crypto payments hub, allowing for the interoperability of digital assets across different blockchain networks and payment channels. Visa Plans For More Crypto Integration Financial services…
Visa’s CryptoPunk Purchase Sparked Over 300 Sales
VISA revealed that it had purchased a CryptoPunks token today. The announcement spurred interest in the non-fungible token series from other investors as sales volumes surged. More Than 300 Tokens…
Visa Has Handled $1 Billion in Cryptocurrency This Year
Leading payments firm Visa stated that it has processed more than a billion dollars in cryptocurrency during the first half of 2021. $1 Billion in First Half of 2021 “With…
What is Impermanent Loss and How can you avoid it?
DeFi has given traders and investors new opportunities to earn on their crypto holdings. One of these ways is by providing liquidity to the Automated Market Makers (AMMs). Instead of holding assets,…
Be the first to comment