06.12.2021

Visa Corporation bought NFT-token for $ 150,000 and indicates great prospects for NFT

The head of the cryptocurrency department of the company, Kai Sheffield, in a comment to The Block called the collection “historical”, and the NFT technology – the future of trade and entertainment. According to him, “this is just the beginning.”

The multinational finance corporation Visa has spent $ 150,000 on a non-fungible token (NFT) to “learn” how to use the technology.

The purchase of NFT CryptoPunks was carried out through the Anchorage Digital service using traditional currency. Visa has previously partnered with Anchorage as part of a payment service using the USDC stablecoin on the Ethereum blockchain.

“We thought CryptoPunks would be a great addition to our collection of artifacts that can track the past, present and future of commerce,” Sheffield said.

He also noted that Visa was more interested not in any specific character, but in the project as a whole, given its historical significance. The company sees NFT as an important business element and compares it to early e-commerce services that helped small businesses bring products and services to consumers around the world. NFTs, in turn, enable the creation of digital goods with instant delivery capabilities.

“We can imagine a future in which a cryptocurrency address will be as important as a postal address,” Sheffield added.

In addition, the company is seeing significant interest in NFTs from merchants, brands and content platforms and intends to offer them mechanisms to participate in the new economy.

Binance, the world’s leading crypto exchange, has launched the largest NFT marketplace for buying and selling non-fungible tokens. Binance’s NFT marketplace offers an open marketplace for artists, creators, crypto enthusiasts, NFT collectors and fans of the creative industry around the world with the best liquidity and lowest fees.

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