One of the leading payment institutions MasterCardmade a new announcement for Web3 works. In the statement made by the company, a program to support “music artists” will be launched using the Polygon blockchain.
According to Polygon’s statement, the new program launched will offer support to promising artists via Web3. The project is scheduled to start in March 2023.
Collaboration from Polygon and Mastercard
As Koinfinans.com reported, payment and banking giants, especially Visa and Mastercard, are accelerating their Web3 efforts.
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In the new statement, Mastercard said, polygon officially announced its program to support music artists using blockchain. With this program, fans will be able to support their artists directly.
Web3 “NFT printing, representation in virtual worlds, community building” etc. Many possibilities will be offered. With this program, fans will be able to support artists directly.
Raja Rajamannar, Director of Marketing and Communications at Mastercard, stated that the collaboration expands the understanding and connection between music and Web3. Rajamannar:
We’re expanding reach with Mastercard Artist Accelerator and further strengthening connectivity with the latest Web3 technology.