NFTs Are Coming to Mastercard Cards
Mastercard has introduced personalized nonfungible token (NFT) debit cards, which allow those cardholders who possess avatars from specific NFT collections to add the artwork to the payment's card. The debit cards are made accessible because of a cooperation announced on 26th of September with the European cryptocurrency trading site "hi," which allows its gold customers to customise their debit cards with an NFT they verifiably possess. Gold membership on the network is achieved by staking a minimum of 100,000 hi Dollars (HI), the platform's native currency, which is about 4,600 USD.
The cards will allow users to spend fiat money, stablecoins, or any cryptocurrency they own and will be accepted everywhere Mastercard is accepted. Other advantages of specific membership tiers include hotel credits, cash back incentives, and refunds on Netflix and Spotify subscriptions. CryptoPunk, Moonbirds, Goblintown, Bored Ape, and Azuki are among the NFT collections that will be supported; owners of these NFTs will need to become gold members with hi and authenticate their NFT ownership with the platform to obtain their unique cards.
The cards are exclusively available in 25 European Economic Area (EEA) nations and the United Kingdom.
Sources:
https://cryplogger.com/bored-apes-and-moonbirds-to-appear-on-nft-friendly-mastercard-debit-cards/
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