Visa creates program to help content creators to develop NFT'sThe launches a global program to prepare artists in an immersive one-year program.

ByEntrepreneur Staff

This article was translated from ourSpanish edition.

Tony Stock | Shutterstock

Millions of people and small businesses create content for their social networks every day. Some bet that this is their main source of income and Visa has launched a program in the United States to support them. According to the financial services multinational, there are around 50 million artists (musicians, photographers, videographers, fashion designers and filmmakers) who participate in a market estimated at $100 billion dollars. Additionally, content creators are one of the fastest growing small business categories each year.

Analyzing an environment that changes every day (did someone say metaverse?) Visa has identified an opportunity: to provide knowledge to content creators through strategic mentoring. Cuy Sheffield, head of crypto at the financial firm explained: "NFTs have the potential to become a powerful accelerator for the creator economy. We have been studying the NFT ecosystem and its potential impact on the future of commerce, the retail and socialmedia.Through the Visa Creator Program, we seek to help this new generation of small and micro-businesses to take advantage of new means for digital commerce".

The year-long program will help creators accelerate the growth of their businesses using NFTs and is open to artists from around the world. The areas that the program covers are: creation and understanding of NFT's, digital commerce, cryptocurrencies, web3 and business growth.

该公司将选择particip几创造者ate in the program. If you are interested in participating or learning more about it, you can find more information here.

Although NFT's seem to be everywhere, the reality is that not everyone knows what they are. Recently astudyrevealed that in the United States only one in four people can accurately explain what it is. For creators who want to generate income from their content, it is crucial to understand the world of the metaverse, NFTs, block chains and cryptocurrencies, and this can be a great opportunity to do so.

Entrepreneur Staff

Entrepreneur Staff

Editor

Related Topics

Growing a Business

LeRoy and Lewis Barbecue Built a Community of 50K Followers. Here's How.

LeRoy and Lewis Barbecue co-owner and pitmaster Evan LeRoy on building an online audience, leveraging digital storytelling, and making Patreon videos.

Starting a Business

How a Side Hustle Taking People on 'Urban Hikes' Became a Lucrative Business

Kansas City native Lisa Peña shows tourists and locals parts of the city they'd never see by car.

Business News

This U.S. City Is One of the Most Desirable Places to Retire — and No, It's Not in Florida

A recent ranking conducted by Moody's Analytics broke down the top spots for retirees.

Business News

Inside Barbara Corcoran's $1 Million California Trailer: 'Everything's Little'

The Pacific Palisades home boasts stunning ocean views.

领导

Is Someone Using Subtle Power Moves on You? Here's What You Need to Know — and How to Regain Equal Footing.

Sometimes, it can be hard to figure out a person's intentions, especially if you've just met them.