Visa launches program to help small creators expand their businesses using NFTs
Categories: Crypto News
Payment service provider Visa has launched a ‘Creator Program”—aimed at educating small entrepreneurs to understand and leverage non-fungible-tokens (NFTs) to expand their businesses further. According to Visa, its new program will help digital-first artists, musicians, fashion designers, and filmmakers strengthen their small businesses using non-fungible tokens (NFTs) to navigate through the new category of commerce. “NFTs have the potential to become a powerful accelerator for the creator economy,” said Cuy Sheffield, Head of the Crypto, Visa. “We’ve been studying the NFT ecosystem and its potential impacts on the future of commerce, retail and social media. Through the Visa Creator Program, we want to help this new breed of small and micro businesses tap into new mediums for digital commerce.” In the Visa’s creator program, small entrepreneurs will be offered an opportunity to exchange ideas with a community of creators in various stages of their NFT journey and will also be provided access to leading-edge thinkers and researchers working across digital commerce, web3, crypto, and payments.Further, the company said it will help these creators with companies across Visa’s network of clients and partners. And also give creators one-time stipend to help them kickstart the next phase of growth.