The administration of Miami announced the launch of the NFT-project, which will aim to support technological innovation and business development in the field of digital technology. The head of the city, Francis Suarez, promised that by the end of the year it is planned to issue at least 5 thousand Ethereum NFTs.

The project includes collaboration with Mastercard and Salesforce, as well as with the management of Time USA magazine. Together, a strategy has been developed to distribute the idea of NFT work among 56 artists - one per square mile of Miami.

At this stage, there are already details on what each of the partners will be tasked with. For example, Time USA will take on media support for the project and chart its future course. Mastercard will provide token holders special conditions, such as exclusive access to all sorts of events. Salesforce will handle the initial distribution of NFT through its NFT Cloud platform.

In the management of Time said that their participation in such a project will be the first step in a full-fledged work to support other organizations involved in NFT. It is likely that there will be many more such initiatives in the future.