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Mastercard launches its first NFT with Jose Mourinho

Sat 18 Sep 2021 ▪ 17h00 ▪ 2 min read — by Mary Anderson

On 17th September, payment giant Mastercard, together with the head coach of FC Roma, Jose Mourinho, announced its first non-fungible token (NFT) launch. A lucky person from the UK will receive a unique NFT with a digital signature of a football legend at the upcoming lottery.

The NFT and Jose Mourinho

A short YouTube video shows the first NFT by Mastercard, an animated digital soccer ball with Jose’s signature. The NFT will be awarded via a sweepstake to a Mastercard cardholder from the UK. Those who meet the requirements can apply for the sweepstake until 30th September.

Jose Mourinho takes part in the NFT fever for a reason. In 2021, he received the position of head coach at the Italian football club “Roma”. His teams have won club championships in Italy, Portugal and England. Jose is considered one of the world’s leading football coaches. In addition, he is a global ambassador of Mastercard.

Mastercard in the crypto industry

Mastercard is actively working to obtain patents in the field of cryptocurrencies and blockchain technology, for example, the technology of multi-currency blockchain systems and a method of accelerated processing of cryptocurrency transactions. In addition, in February 2019, Mastercard, together with Ripple and Barclays, became one of the investors of the SendFriend payment startup, which offers a solution for international money transfers using XRP tokens.

In 2021, the payment giant started working with several cryptocurrencies as part of its international payment system.

Such giants as Visa and Mastercard don’t stay away from the latest trends. Visa recently bought an NFT CryptoPunk for $150,000 (~£108,000), plunging headlong into the rapidly developing industry.

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Mary Anderson avatar
Mary Anderson

I am sure that crypto assets are a new type of economy. We are at the origins of the crypto revolution. Right now, it is worth studying what cryptocurrencies and the blockchain are in order to make the most of this knowledge and these skills in the future.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

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