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Home»NFT»Artizen Fund raises $2.2 million to create NFT cultural artifacts
NFT

Artizen Fund raises $2.2 million to create NFT cultural artifacts

2023-05-11No Comments2 Mins Read
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NFT


Artizen, a culture-focused web3 crowdfunding platform, announced Thursday that it has raised $2.2 million to help creators fund projects at the intersection of art, technology, science and design.

Thursday’s raise included participation from leading Web3 funds, including Consensys Mesh, Animoca Brands and Protocol Labs, as well as individuals including Dan Hill of Blank Street Coffee, PleasrDAO‘s Matt Condon, and Juan Benet, founder and CEO of Protocol Labs.

Beginner’s luck on Artizen. image: artist

On artistcreators sell so-called Artifacts to fund their projects: unique works of art that live on the Ethereum blockchain and represent a project’s ethos by teasing its potential or demonstrating a small part of the creation process.

Artifact holders can also vote to decide which future projects should appear on Artizen, as all projects on the site are curated by community members. At the end of a given Artizen ‘season’, the project with the most sold artifacts will receive a cash prize. This season’s price is $23,492.

LEADERBOARD UPDATE
Price $23,492 // Season 2 // Ends in 7 days

@renderfruit’s “Ascendant Morphology” just sold 10 artifacts and moved up to 1st place.

Buy artifacts to unlock match funding and help this project win the Artizen Prize: https://t.co/P9vlvzV0hV pic.twitter.com/LfEpVIhyly

— Buy ​​Artifacts to Fund Creativity (@ArtizenFund) May 9, 2023

Current leading projects on Artizen include a digital-to-physical design studio, a short film about the US immigration system, an animated series exploring late-stage capitalism through the lens of a laundromat casino, and a series of 3D animations exploring female gender performance.

While some existing Web3 platforms already offering creators the ability to sell NFTs to fund projects, Artizen co-founder René Pinnell believes his platform stands out from the crowd because Artifacts are separate and meaningful works of art in their own right, which would increase in value along with the projects. can rise they are associated.

See also  A sonic revolution in the NFT world

“The idea is that these artifacts will increase in value based on how much impact a project has in the real world,” Pinnell said. Decrypt.

Shimmering Shadows amusement park at Artizen. Image: Artizen

While the co-founder doesn’t believe every Artizen project will shape world culture, he is confident that some will have a seismic impact on history and the world.

“Some of [these projects] will have as much impact as Leonardo da Vinci, and so people will want to own these Artifacts,” he said.




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