Mastercard Starts Web3 Artist Accelerator Program

Mastercard does not want to fall behind and starts a web3 musical artist accelerator program on the Polygon Blockchain. Initially, this program will help five music industry artists, like DJs or Producers, launch their artwork in the blockchain. The program will give them all the necessary tools, education, and access to special events and music releases. Unfortunately, there are only five spots for emerging artists.

This is the opportunity many artists have been waiting for. The Mastercard Accelerator Program will help out five lucky souls launch their products as NFTs and become part of the emerging industry of Web3. The program will provide everything artists might need, like the tools, skills, and education to mint their artwork as NFTs or represent themselves and their brand in digital economies. Besides this, they will also get access to special Web3 events where they can connect and learn with other musicians.

There will be an online platform where each artist can learn and interact with other community members to expand his knowledge of digital art. The program will then reach its highest point with a live-stream artist showcase.

Why Polygon?

At the same time, this will be beneficial for the Polygon Blockchain which will get more exposure, new collections, and new users. Polygon, besides being a green blockchain, already includes a few music dapps like Royal and Bolero Music. This made it the perfect network to launch the Mastercard Artist Web3 Accelerator Program.

Ryan Wyatt, CEO of Polygon Studios, commented: “Web3 has the potential to empower a new type of artist that can grow a fanbase, make a living, and introduce novel mediums for self-expression and connection on their own terms” and “The Mastercard Artist Accelerator not only shows the power of brands embracing this new space, it provides tools that can educate consumers on how to participate. This is an important step forward in opening up the benefits of Web3 to more people.”

How To Be Part of the Program?

To be part of the program you have to stay tuned on the Mastercard Web3 Artist Accelerator Program official website. Head there a click on “Sign In” to receive all the latest announcements and sneak peeks.

I also recommend that you check regularly the Polygon Blog Post and tune in with their socials to make sure you do not miss anything. Soon they should release more information regarding the program.

Last Thoughts

This is great news for every crypto enthusiast. Mastercard already dipped its toes in Web3 before by making crypto accessible to all its users. But now, they are increasing their exposure by launching such a program. I believe this will create pressure and a FOMO (Fear of Missing Out) feeling in other payment systems and large companies.

With giants like Mastercard launching programs and adopting crypto, Instagram and Facebook launching NFTs on their platforms, Square Enix betting hard in NFT Gaming, step by step, web3 is going from a “degen” and underground industry into a trend that no one will resist to follow.