One of the largest payment processing institutions in the world is delving into Web3 in a brand new way. MasterCard has announced a music artist accelerator program on the Polygon blockchain.

The development was orchestrated to help up-and-coming artists utilize the power of Web3 in their careers, according to a Polygon press release. Moreover, the announcement was slated with a starting timeframe of Spring 2023.

Mastercard Announces Polygon Collaboration

They are one of the most prominent and well-known names in the financial sector, and they’re now delving into the world of blockchain technology. An announcement today has stated Mastercard is crafting a music artist accelerator program on the Polygon blockchain. Furthermore, the new Web3 protocol seeks to connect “musicians, creators, and fans to collaborate like never before.”

The press release revealed the program to provide resources for five different artists, “such as musicians DJs, and producers,” to aid in the establishment of their careers. Additionally, the release stated it is “a first of its kind curriculum” that will educate artists on building their brand” through Web3 experiences,” Polygon noted.

Among those Web3 processes, Mastercard will teach artists the process of “minting NFTs, representing themselves in virtual worlds,…