Mastercard Launches NFT-Gated Artist Accelerator Program

Mastercard, a legacy company rooted in traditional finance, has been actively involved in Web3 initiatives in recent years. On April 12, the company announced its latest venture, a new artist accelerator program. However, this time, it added a Web3 twist. The program is nonfungible token (NFT)-gated and therefore only accessible to holders of its Mastercard Music Pass NFT.
According to the announcement, the NFT is limited-edition and free until the end of the month for both musicians and fans. Mastercard has collaborated with Polygon to offer free access to educational materials, unique artificial intelligence (AI) tools, and other experiences as …
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