On October 27th, the inaugural Blockchain Infrastructure Alliance dinner was hosted by Alchemy Pay.
Alchemy Pay CEO, John Tan, said that they will work with six globally renowned NFT artists to launch a series of virtual crypto-linked cards. The artists will design limited edition card faces for Alchemy Pay’s crypto-linked virtual Visa cards. The first artist will be China’s NFT artist, Song Ting, who is currently the nation’s NFT sale record-holder.
The cards issued by Alchemy Pay can be connected with digital wallets such as Google Pay and PayPal and support more than 40 cryptocurrencies. They will be accepted by millions of merchants on the Visa and MasterCard networks, as well as Amazon, eBay, and other e-commerce platforms. The NFT co-branded cards will add many new rights to those mentioned above.
The VVIP cardholders will be able to access premium perks such as 24-hour butler service, global airport first-class lounges, and hotel courtesies. They can also enjoy a limited period of cryptocurrency and fiat currency exchanges without transaction fees. Other privileges include priority experience of Alchemy Pay products and access to NFT artworks and purchase advice.
Each virtual bank card requires users to stake 360,000 ACH, which can be redeemed upon the termination of the card. This integration of blockchain technology and art is the first time that NFT art and finance have been merged to realize the practical use of NFTs.
At the time of this publication, over 100 NFT collectors around the globe have expressed interest in Song Ting’s collection of crypto-linked cards.
Disclaimer: This is a paid post and should not be treated as news/advice.