Polygon and Hi launch Web3 debit NFT Debit Mastercard

The Polygon project has launched a Web3 platform to personalise debit cards NFT Debit Mastercard from the Hi financial app.

«We are pleased to introduce a new {{AOPEN_?}}Polygon-based? wait no; The content says \”new Polygon-based platform\”; We’ll keep as: \”We are pleased to introduce a new Polygon-based platform that will allow Hi participants to create NFTs using their favourite image — whether a holiday photo, a beloved pet, or an online profile — and use it to customise the look of Web3– Mastercard cards», according to the statement.

The NFT Debit Mastercard allows users to spend cryptocurrency and fiat money at more than 90 million points of sale worldwide. The card offers up to 10% cashback and a number of other benefits, the partners noted.

Initially, the product is available in 25 European countries, as well as the United Kingdom.

The partnership with Hi marks another step for Polygon in expanding its presence in the non-fungible token space.

In early December, the Starbucks launched on the project’s platform a beta version of an NFT-based loyalty program.

Polygon also expanded its collaboration with the largest NFT marketplace built on Solana — Magic Eden.

1/ @0xPolygon, welcome to the garden of @MagicEden 💜

Buy, sell, and mint Polygon NFTs with $MATIC, $WETH, and $USDC on Magic Eden pic.twitter.com/C4MhtVBNJX

— Magic Eden 🪄 (@MagicEden) December 15, 2022

In the second week of December, NFT trading volume on Polygon stood at $10.24 million. By this measure the network trailed only Ethereum ($117.8 million) and Solana ($12.2 million), according to The Block.

As a reminder, NFT monthly trading volumes in November continued to decline, according to ForkLog’s analytical report.

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