Visa Dispatching NFT Program to Support Digital Craftsmen

Visa is dispatching a non-fungible token (NFT) support program to assist craftsmen with joining the advanced craftsmanship space.

The monetary administrations goliath is banding together with previous Major League Baseball player turned NFT craftsman Micah Johnson to construct a program that will uphold specialists who need to utilize NFTs to sell their work, Visa said in an official statement.

Visa will choose a little gathering of makers through an application interaction and afterward assist them with finding out about the crypto and blockchain industry.

“We believe that we are at the beginning of a digital renaissance in the world of art and content creation,” Visa’s Head of Crypto Cuy Sheffield wrote on Twitter. “New technologies emerging in the crypto ecosystem, like NFTs, have the potential to lower the barrier to entry for digital creators across the world to build their own small businesses.”

An enormous number of NFT commercial centers have dispatched as of late. On Tuesday, digital currency trade Coinbase turned into the furthest down the line association to join the pattern. As per a report by the information investigation organization DappRadar, the NFT market passed $10 billion in deals volume in the second from last quarter.

Johnson joined the advanced workmanship space in 2020 and is the maker of Aku, an enlivened dark space explorer character, which has turned into the principal NFT to be optioned for a component film. Aku was delivered in February 2021 on Nifty Gateway and sold more than $2 million in NFT tokens in 24 hours.

“Working together [with Visa], we want to arm creators with the resources they need to stay at the forefront of this revolution,” Johnson said in an assertion.