According to Mastercard, the next big stage for the music industry is the metaverse.

Mastercard announced Friday the Mastercard Artist Accelerator, which will connect artists with mentors and other technology experts to learn how to use Web 3.0, the metaverse and related technology.

Financial services companies are still in the early stages of use Internet 3.0, which in general terms refers to development on decentralized networks; and the metaversean immersive internet experience that you often use virtual reality. While the Mastercard program is aimed at all demographics, the card brand sees the music business as an opportunity to gain insight into how it can apply emerging innovation in the real world; and how you can potentially connect your bank issuers and merchants with youth…