Mastercard lets users set NFT as their profile picture

Mastercard has launched a new customizable debit card that allows some cardholders to own avatars from collections NFT Selectively have their artwork added to the payment card.

Mastercar's new debit card made available through a partnership on September 26th with the platform crypto Hi from Europe, allows members of the card's "Gold" level to place orders NFT as an avatar on the card. Gold membership with this platform can be obtained by staking a minimum of 100,000 HI tokens, which corresponds to an amount worth approximately 4,600 USD at press time.

NEWS! Today @hi_com_official launch the world's first debit card featuring NFT Customization, allow cardholders to personalize the face of their card with an NFT Avatar. Read more herehttps://t.co/awNVowcsuG pic.twitter.com/A5xFsHlX0w

— Mastercard Europe (@MastercardEU) September 26, 2022

The tokens will allow users to spend in fiat currency, stablecoins or any coin cryptocurrency they hold and are accepted at any Mastercard payment location. Other features like hotel credits, cashback offers, and discounts on Netflix and Spotify subscriptions are also introduced as benefits of certain membership levels.

A limited number of NFT collections will be supported including CryptoPunk, Moonbirds, Goblintown, Bored Ape Yatch Club (BAYC), and Azuki. Owners of these NFTs will have to become a Gold member and verify their ownership of the NFT with the platform in order to receive custom tokens. In addition, the card is only available in the 25 countries of the European Economic Area (EEA) and the UK.

In fact, with the broader downturn in the market cryptocurrency Over the past few months most of the “blue chip” NFT collections have seen a sharp drop in price, however according to NFTGo data, the performance of “blue chip” NFTs has been growing steadily since September 12th. .

On the part of Mastercard, the company that is becoming a rare traditional financial "giant" in the world is becoming more and more user-friendly. crypto for helping to make crypto payments more popular especially NFT with enthusiastic support in all aspects such as partnership with Immutable X, The Sandbox to integrate NFT payments and handshakes Coinbase enhance the NFT buying experience.