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Mastercard has launched its own customizable NFT debit cards, allowing some NFT holders of the CryptoPunk, Moonbirds, goblintown, Bored Ape and Azuki collections to add the work to the payment card.
Debit cards are made available through a partnership with the European cryptocurrency exchange platform hi. In order to customize your card, you need a Gold membership, which is obtained by paying a minimum of 100,000 hi Dollars (HI), the platform’s native token, a sum worth about $4,600.
The cards will allow you to spend in any cryptocurrency and will be accepted wherever Mastercard is accepted.
Mastercard’s vice president for enabling cryptocurrencies and financial technologies, Christian Rau, said that, with consumers’ interest in NFTs and the growth of cryptocurrencies, the payment service provider has “committed to making them an affordable payment choice for communities.”
The cards are only available in 25 European Economic Area (EEA) countries and the United Kingdom.
With the largest decline in cryptocurrency markets in recent months, most NFT blue chip collections have suffered a price shock, but NFTGo data shows the performance of NFT blue chips growing steadily since September 12, perhaps bringing renewed interest in larger collections.