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HomeBusinessVisa Launches Creator Program To Help Digital-Age Artists Understand And Use NFTs

Visa Launches Creator Program To Help Digital-Age Artists Understand And Use NFTs

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Visa Launches Creator Program To Help Digital-Age Artists Understand And Use NFTs

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The program’s purpose is to bring together digital producers and empower them through blockchain and NFT commerce education.

Highlights

1. It is estimated that the global creator economy is worth $100 billion.
2. This program will focus on five key areas in which creators will be supported.
3. The Visa Creator immersion program will last a year.

Visa Launches Creator Program To Help Digital-Age Artists Understand And Use NFTs

Visa has launched its creator program, which was first announced in October and aims to help artists build their companies by using nonfungible tokens (NFTs). The program will run in cohorts for a year and will educate creators on NFTs and how to make the most of them, including painters, musicians, fashion designers, and filmmakers.

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Those chosen for the cohort will receive technical and product mentoring from Visa’s crypto experts, as well as access to their peers, industry thought leaders, and Visa clients and partners, as well as a stipend. In a press statement, Cuy Sheffield, Head of the Crypto,

Visa, said, “NFTs have the potential to become a tremendous accelerator for the creative economy.” “We’ve been researching the NFT ecosystem and its possible implications for business, retail, and social media in the future. We aim to enable this new breed of small and micro companies to connect to new mediums for digital commerce through the Visa Creator Program.

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Visa Launches Creator Program To Help Digital-Age Artists Understand And Use NFTs

“The creator economy, which this move is designed to focus on, is regarded as the fastest-growing category of small business, with over 50 million people, according to Influencer Marketing Hub. It is worth an estimated $100 billion (roughly Rs. 7,56,915 crore).

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To kick off the initiative, a group of artists will participate in a group-led program aimed at improving and deepening their understanding of crypto commerce and traditional payments. The goal of this pilot program is to assist creators in five critical areas.

Community building, access to thought leaders, exposure to Visa’s clients and partners, and a stipend to assist them to start their careers in the industry are among the major themes. Micah Johnson, a former professional baseball player turned NFT artist, established Visa’s creator program.

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After overhearing a conversation in which a small child inquired, “Can astronauts be black?” Johnson developed Aku, an NFT collection featuring a boy in an astronaut helmet.

Johnson hopes to provide guidance to new artists embarking on their own NFT journey through Visa’s creator program. Visa, on the other hand, hasn’t chosen how many authors it intends to teach in this program, nor has it specified a stipend range. Creators who want to participate in the program must fill out a questionnaire. After that, they’ll be interviewed for the ultimate decision.

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Surekha V A
Surekha V Ahttps://premierenext.com/
My name is Surekha Venkatesh , am from Shimoga, Karnataka. I am studying a Bachelor of commerce in Jnn college, Shimoga at Kuvempu University. I am interested in cycling, cooking and reading books. And I am capable of handling a variety of responsibilities in high-pressure situations.
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