Visa, a financial technology company and the authorized payment associate of FIFA, has joined with Crypto.com to offer NFTs themed on football. The two companies have combined football, artwork, and NFT to generate unique NFTs. Visa announced its successful agreement with Crypto.com to introduce NFTs in a 1 November media statement. The Visa Master of Movement NFT series is up for sale through November 9 on the Crypto.com marketplace.
The Visa Master of Movement NFT series contains tokenized, one-of-a-kind art works influenced by historical FIFA World Cup goals scored by Jared Borgetti, Tim Cahill, Carli Lloyd, Michael Owen, and Maxi Rodriguez. Visa expects to bring the Visa Master of Movement NFT series to reality on an engaging field during the heavily hyped FIFA Fan celebration from November 19 to December 18 in Doha, Qatar.
During this time, Visa will let cryptocurrency and football enthusiasts to make digital artworks influenced by their distinctive gestures and convergenerate them on crypto.com, the authorized cryptocurrency trading portal and patron of the FIFA World Cup Qatar 2022.
Andrea Fairchild, senior vice president and chief of sponsorships at Visa, stated regarding the NFT venture, “We want to start celebrating football, art, and innovation through the eyepiece of what tends to make the FIFA World Cup so unique – wildly passionate fans, iconic athletes, and the capability to bring the universe together in a distinctively linked manner for a couple of weeks.”
Visa has been the authorized payment processing partner of FIFA since 2007. In this context, the fintech company plans to leverage its NFTs to deliver services that bring consumers near the action, regardless of whether they are one of the 1 million fans expecting to take part in the event in Qatar or the 5 billion spectators slated to watch it online.
Also during FIFA Fan Festival, spectators will get the chance to understand about novel methods Visa supports global funds flow, including technological innovations such as cryptocurrency as well as other digital services that give more people an easy access to the global marketplace. Notably, the novel NFT initiative debuted just days after Mike Kondoudis, the intellectual property (IP) attorney, disclosed that Visa had lodged two trademark applications with the United States Patent and Trademark Office pertaining to NFT and Metaverse.
The fintech company presented intentions to provide online services, including the management of virtual assets, the creation of cryptocurrency wallets, and the provision of digital ecosystems, as per the data filed. Until November 9, 2022, Visa Master of Movement NFT series are up for sale. Visa reports that all revenues from NFT sales would support the British charity Street Child United.
