CJ - Cryptocurrency Enthusiast
Business figures show that about 50 million people worldwide are dedicated to creating and disseminating fresh forms of information as a means of making money.
According to Visa, SMEs and microbusinesses will be the main drivers of future growth in digital commerce.
The 'Visa Creator' initiative was developed by Visa with the goal of assisting artists, singers, fashion designers, and filmmakers who are devoted to creating virtual works of art.
According to the corporation, the expansion of NFTs will be advantageous for small businesses. Visa will pick groups of innovators who are interested in studying the Bitcoin investment industry. The company's study indicates that some 50 million people generate and distribute content as a means of making a living on a full or part-time basis.
According to a survey by Influencer Marketing Hub, the overall market size of the NFT creative economy is already more than $100 billion. Small businesses are growing at the fastest rate in this sector.
NFTs are digital assets created with blockchain technology in the form of films, music, photos, or software that can be verified for ownership and authenticity just like any other production or work of art.
The Creator Economy's Potential for NFTs
Before launching the service, Micah Johnson, a former professional athlete and the creator of the NFT line, teamed up with the payment company. The first artist to take part in the Visa Creator program, Johnson said, "Early in my NFT career, I was backed by a network of NFT professionals and enthusiasts who helped me establish myself in this new environment."
"NFTs have the potential to become a tremendous accelerator for the creative economy," says Cuy Sheffield, director of Visa's cryptocurrency group.
To get yourself involved with NFT’s culture the best place to start is by investing in cryptocurrency. Trusted Bitcoin companies such as BC Bitcoin offer crypto asset management and counselling along the way.