Mastercard, a multinational financial services corporation, has jumped on the NFT bandwagon. Non-fungible tokens (NFT) have continued to gain popularity among mainstream industries. The most recent addition to the NFT world is the global payments leader. Related Reading | Visa Describes NFTs As Promising Means To Engage With The Fans On Thursday, September 16, the company announced that it had created its first-ever NFT in partnership with the renowned football coach José Mourinho, who is also a Mastercard global ambassador. This unique NFT is an animated digital football with José’s signature on one of the panels. The company’s U.K. branch made this announcement. It included a raffle for cardholders in the United Kingdom to win the company’s first NFT. According to the company, the experience will be in English and is free to book, and is available until September 30. Cardholders based in the U.K. can sign up from now till that date for a chance to win. Additionally, only one winner will be selected as there will be only one NFT. Details of how to receive the NFT will be shared by Mastercard’s sponsorship team, via email after the prize draw. The NFT will be hosted on a server owned by the company and backed by their proprietary technology. MasterCard And Its Digital Assets Journey The Financial Services company entered the crypto space last year. Since then, it has made big moves in crypto and blockcha...
