Bahamas students each win $10k in NFT competition sponsored by Snoop Dogg’s son
5 college students from the College of The Bahamas every gained $10,000 for his or her digital music and artwork creations as a part of the college’s NFT Digital Arts Undertaking, sponsored by Snoop Dogg’s son Cordell Broadus.
In response to a report by Bahamas media Eyewitness Information, the College of The Bahamas introduced the coed winners of its Non-fungible token Digital Arts Tasks on Oct. 7. Every scholar receives a prize of $10,000 for his or her NFT creations.
Three college students gained awards within the Visible Artwork class, whereas two different college students gained within the Music class.
The venture is funded by the Champ Medici Arts Fund Scholarship Award at UB. The collaboration concerned Cordell Broadus, son of American rapper Snoop Dogg, and the Tezos(XTZ) Basis. The award was first established in March 2024 with an preliminary donation of $100,000.
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In an interview with Eyewitness Information, one of many college students who gained within the Music class mentioned that he was in a position to be taught extra about NFT expertise by collaborating within the competitors.
The CMAF is a $1 million philanthropic fund began by Cordell Broadus in partnership with the Tezos Basis. Their aim was to assist rising musicians and artists throughout the globe who need to construct and create new inventive and cultural works on the Tezos blockchain.
In a report by OurNews media, the CMAF mentioned that the NFT competitors was solely the start of their contribution in the direction of the college’s artwork and music applications. CMAF and Tezos Basis will even give instructional tutorials, supplies and steering for college students on how they’ll use the Tezos blockchain to mint, market and promote their NFT works.
The joint initiative additionally plans to provide the college with related tools and expertise for the scholars in order that they’ll pursue digital artwork and music initiatives sooner or later.
Tezos is a brilliant contracts proof-of-stake blockchain platform that launched in 2017 after a $232 million preliminary coin providing.
In June 2024, it introduced a brand new improve labeled “Tezos X”, which allows an built-in blockchain ecosystem that boasts higher efficiency, composability and interoperability in comparison with the outdated mannequin.
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