This is a great first! In partnership with Mastercard, the Hi platform launches its fully customizable debit card with NFT. Hi wants to be a great financial application at the forefront of the market by offering innovative offers. The company proves it with this novelty.
After the IBAN, here is Hi’s customizable Mastercard
Launched in January 2021, the Hi.com platform has set itself a goal: to become a super financial app backed by cryptocurrencies. In its design, Hi combines the features of PayPal, Robinhood and Venmo. It is both a banking app and a cryptocurrency exchange. Behind this platform are two big names in DeFi: the former marketing director of Crypto.com and the former CEO of Bitcoin.com.
The simple fact of betting on Hi’s native token (HI DOLLAR) entitles you to membership and to the numerous features of the application. A few months after its launch, Hi introduced personal IBANs for deposits and withdrawals in euros and pounds. Today it launches its only Mastercard debit card, fully customizable with an NFT. Its roadmap emphasizes innovation. And the offers / features proposed seem to go in this direction.
Customization with NFT: collections available
You should know that not all users of the platform automatically have access to this customizable card. Hi has different membership levels determined by the amount invested and the combined income. Only members of Gold level and above are eligible for this debit card. In other words, those who wagered 100,000 native tokens (HI DOLLAR) and more. They can customize their Mastercard Hi with an avatar that belongs to them.
According to Hi, customization so far supports a limited number of collections. But the most popular are part of the lot like Bored Apes and CryptoPunks. The following collections are also available for customization of the Mastercard Hi: Moonbirds, Goblin and Azukis. Users must provide proof of ownership of the work before they can use it for personalization.
A pioneer in the cryptocurrency market
With its customizable Mastercard debit card, Hi is clearly a pioneer in the market. Hi co-founder Sean Rach is also convinced that this offer will improve things. He declares: ” The flexibility to spend fiat, stablecoin or other cryptocurrencies, combined with financial rewards and an attractive lifestyle, makes us confident that our card will change the game in the market. “.
Mastercard for its part aspires to massive adoption of crypto cards by relying on this artistic strategy. In a statement, Christian Rau, Senior Vice President, Crypto and Fintech Enablement at Mastercard, said, “As consumer interest in cryptocurrencies and NFT continues to grow, we are committed to making it an accessible payment choice for communities that they want to use them. ” The Mastercard Hi will initially be available to members in over 25 countries in the EEA (European Economic Area) and the UK.
By customizing this debit card, Hi, in partnership with Mastercard, wants to increase the appeal of crypto offers to a wider audience. With an easy-to-use card (paired with an intuitive and easy-to-use app), Hi also wants to make DeFi more accessible.
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I stumbled upon the cryptosphere by chance and witnessed the birth of a new era, that of DeFi. It is about economic freedom, transparency and opportunities available to all. This is a universe that deserves to be known.