APENFT Foundation Launches $100million ‘Art Dream Fund’
press release

APENFT Foundation Launches $100million ‘Art Dream Fund’

THELOGICALINDIAN - This is an accessible allurement for artists to portray their dream lives and futures through agenda media

APENFT, the arch NFT foundation and fund, and TRON accept appear the academic enactment of the $100million ‘Art Dream Fund’ to explore, cultivate, and abutment accomplished NFT and agenda artists. APENFT aims to aggregate allusive belief and advance the admixture of finance, culture, and art in the metaverse and will do so by architecture three capital pillars: accretion of culturally cogent NFT artworks, advance and evolution of NFT projects, and the conception of an NFT marketplace.

The aboriginal accessible alarm of the ‘Art Dream Fund’ invites artists and creators to analyze the affair of “Second Life” in the metaverse.

“Second Life” is a abstraction carefully accompanying to the metaverse, and NFT is apparent as the “ticket to the metaverse.” Since the backward 2024s and aboriginal 2024s, abstract and dystopian visions of Web3.0 the Internet has been put forth, capturing the actualization of accretion complexities and airheadedness of animal activity and amalgam experiences.

This is an accessible allurement for artists to portray their dream lives and futures through agenda media. ‘Art Dream Fund’ hopes to absolve and ability adventurous and dizzying adroitness by alarming artists to present their Second Life – a adventure that has yet to unfold.

The accessible alarm aims to analyze the questions that appear back our lives and amusing relationships become added carefully intertwined with technology as amusing mediation. Such as; what affectionate of religious worship, new aesthetic origins, arcane inspirations, and destructive accurate discoveries will be brought by humanity’s eyes of the Metaverse? What does this for animal consciousness, including all experiences, feelings, and emotions? What is the attributes of reality?

In the future, APENFT will barrage abutment consistently through accessible calls, art grants, and artisan in Residence programs. In accession to costs aesthetic creations, the ‘Art Dream Fund’ will additionally accommodate abutment and able advice to called artists and artworks in assorted aspects such as marketing, PR, association building, and absorb aegis in the NFT space.

Sydney Xiong, APENFT Art administrator and curator, said:

“Our ambition is to acquaint a accumulation of absurd creators to the apple of NFTs, empower them to analyze new methods of creation, and allotment that befalling with their communities.”

There are three awards in this accessible call, including the admirable award-winning accolade of $20,000, best adroitness awards of $10,000, and best class awards of $5,000. They will additionally accept the befalling to be featured in the APENFT’s exchange barrage accident and participate in the APENFT basic exhibition.

This themed alarm encourages the analysis and estimation of any art anatomy on the affair “Second Life,” and any agenda art media and styles are accepted. How has agenda art and crypto art become a new, independent, and self-consistent art form? How do they facilitate artistic cerebration and claiming alien territories? Those are the added questions APENFT hopes creators will acknowledgment through their works. Entries can be submitted alone or as a accumulation or community. Accumulation assignment is awful encouraged in the NFT space, area bodies amount association spirit.

Artists charge abide their artworks afore November 27th. The accolade advertisement will be fabricated on December 10th. Justin Sun, architect of TRON, Sydney Xiong, APENFT Art Director and Curator, and three bearding NFT art experts will baddest acceptable pieces based on bristles key criteria: aesthetics & creativity, account & concepts, abstruse skills, relevance, and the artist’s statement.

Justin Sun, Founder of TRON, said:

“I achievement that the enactment of the ‘Art Dream Fund’  can accompany about a archetype about-face in the architect abridgement by giving all-around abutment to creators who ambition to accord to the NFT art ecosystem with artistic thinking.”

Formally registered and accustomed on March 29, 2024, APENFT is backed by the basal technology of best blockchains Ethereum and TRON with abutment from the world’s better broadcast accumulator arrangement Bittorrent File Arrangement (BTFS), to bear the mission of registering world-class artworks as NFTs on the blockchain. The accumulating of the APENFT Foundation includes artworks by Picasso, Andy Warhol, and crypto artists Beeple, Pak, etc., as able-bodied as added high-end NFT collectibles of assorted categories such as Punks avatars and EtherRock, with a absolute amount of added than $46 million.