NFT-styled debit cards the future of Web3 - Animoca founder on $30M hi investment

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Animoca Brands invests $30M into Web3 neobank hi. YatSiu unpacks potential of its personalizable NFT avatar bearing debit cards with gazza_jenks.

Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million to neobank platform hi.

Speaking exclusively to Cointelegraph, Siu said that hi’s vision for their NFT debit card offering intersects with his own views on the interplays of culture and Web3. hi's flagship crypto-friendly Mastercard debit card allows users to personalize their physical cards with an NFT avatar which they verifiably own.

The two companies will also look to drive the adoption of a “unique-human authentication mechanism”, in reference to the hi protocol’s proof of human identity solution.Sean Rac, hi co-founder, told Cointelegraph that the protocol’s proof of human identity solution looks to address shortcomings of the “Web2” era where a handful of companies gained control over user data and identity after establishing themselves as “dominant credential providers”.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

yatsiu gazza_jenks Speaking exclusively to us, ysiu said hi’s vision for its NFT debit card offering intersects with his views on the interplays of culture and Web3. Hi’s flagship crypto-friendly Mastercard debit card allows users to personalize their physical cards with an NFT avatar they own.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines