Elacity Partners with the Metaverse Bank to Bring Seamless Payments and NFTs to the World’s Creators
Elacity, the global marketplace foruser-generatedd content on the Elastos Smart Chain (ESC), has partnered with the Metaverse Bank to provide a new model for seamless payment of user-owned content fees and royalties, allowing them to be moved freely between crypto and fiat currencies. Elacity’s unique marketplace and digital rights management system allow users to take ownership of their content and monetize. Through the partnership, Metaverse Bank is making its Enigma stable coin payment engine available to content developers, enabling them to seamlessly transfer crypto earnings into any fiat currency around the world. Sash Mitchell, CEO of Elacity, describes the partnership as a’milestone’ for 99% of the creator community, which has traditionally remained subordinate to multiple other interests when attempting to protect the integrity and value of their work. This empowerment of content offers a new inclusive economic model for content creators, allowing them to define, receive, and share royalties automatically with key partners, co-creators, and other stakeholders in the form and format of their choice.
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