Mastercard, the second-largest payment-processing corporation worldwide, has launched its Web3-based Mastercard Artist Accelerator program.
According to a press release, the Mastercard Artist Accelerator is designed to help “connect artists from around the world with notable mentors and a dynamic fanbase as they learn and create in Web3.” The program will culminate in a live-streamed artist showcase later in 2023.
Beginning in spring 2023, five emerging artists will be selected by the Mastercard Artist Accelerator. They will be provided with the tools, skills, and access needed to begin forging their musical paths in the digital economy. Each artist will be given exclusive access to special events and music releases.
The new platform will be hosted on the Polygon network, a layer-two scaling solution for the Ethereum network that offers fast transaction times and low costs.