APENFT Foundation and TRON launch $100 million Art Dream Fund for NFT creators
The TRON network and the APENFT Foundation have launched the Art Dream Fund, a $100 million initiative aimed at assisting digital artists through various means such as grants, residencies, and open calls. This fund provides financial support, marketing resources, community engagement, and copyright safeguards for NFT endeavors. An open call themed 'Second Life' is open for submissions until 27 November 2021, with winners to be revealed on 10 December 2021. Prizes include a $20,000 grant, $10,000 for the most creative entry, and $5,000 for the best category. Judging will be conducted by Justin Sun, Sydney Xiong, and three unnamed NFT specialists. Established on 29 March 2021, the APENFT Foundation tokenizes art via Ethereum and TRON blockchains, boasting a collection worth over $46 million.
Key facts
- APENFT Foundation and TRON established a $100 million Art Dream Fund
- Open call for digital creators on theme 'Second Life' with submissions due 27 November 2021
- Awards include $20,000 grant prize, $10,000 best creativity, $5,000 best category
- Winners announced 10 December 2021, judged by Justin Sun, Sydney Xiong, and three anonymous experts
- APENFT Foundation collection includes Picasso, Warhol, Beeple, Pak works valued over $46 million
- APENFT sponsored Christie's 'Art + Technology' Summit in New York
- TRON has over 58 million users and 2.5 billion transactions, partnering with Samsung and others
- APENFT uses Ethereum and TRON blockchains with Bittorrent File System support
Entities
Artists
- Picasso
- Andy Warhol
- Beeple
- Pak
- Justin Sun
- Sydney Xiong
- Warhol
- Giacometti
- FEWOCiOUS
- Mitchell F. Chan
- Marisa Kayyem
Institutions
- APENFT Foundation
- TRON
- Christie's
- Bittorrent File System (BTFS)
- Ethereum
- Samsung
- Opera
- Poloniex
- Swisscom Blockchain
- LiveArt
- Sotheby's
- Art Dream Fund
- APENFT Art Museum
- Cryptovoxels
Locations
- New York
- United States
- Singapore