Visa, one of the world’s largest payment intermediaries, announced that it has taken an important step in the world of crypto money. According to the statements made by the company, businesses will now be supported to transact with NFTs. The program will be in the testing phase for a while; It will enable selected small businesses working in industries such as music, fashion and film to enter the world of NFT.
With the program created according to the statements made by Visa, participants will be provided with assistance on creating NFT, reaching communities, how to do NFT and other technical issues. The one-year process will pave the way for businesses to create and market their own NFTs.
“100 billion dollar market”
Cuy Sheffield, the number one name of Visa’s crypto currency unit, made some statements on the subject. Saying that he believes NFTs are a very powerful accelerator for the content production economy, Sheffield stated that they will help small-scale businesses to lead to innovative opportunities with the program they have created.
Visa also touched upon the data released by market research company Influencer Marketing Hub. According to Visa’s statements, the content creation economy has become a $100 billion market and this cannot be ignored any longer. But at this point you may be wondering why Visa prefers NFTs. Because a company like Visa could serve small businesses in many areas. The reason for such a situation is that the company cares about the cryptocurrency world. In fact, Visa has recently taken a decision and started providing consultancy services to its customers on cryptocurrencies.
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