NFT
Artizen, a Web3 culture-focused crowdfunding platform, introduced Thursday that it has raised $2.2 million to assist creators fund initiatives on the intersection of artwork, expertise, science, and design.
Thursday’s increase included participation from main Web3 funds, together with Consensys Mesh, Animoca Manufacturers, and Protocol Labs, in addition to from people together with Clean Road Espresso’s Dan Hill, PleasrDAO’s Matt Condon, and Juan Benet, founder and CEO of Protocol Labs.
Newbie’s Luck on Artizen. picture: Artizen
On Artizen, creators promote so-called Artifacts to fund their initiatives: distinctive artworks that reside on the Ethereum blockchain and symbolize the ethos of a venture by both teasing at its potential or showcasing a small a part of its creation course of.
Artifacts holders can even vote to resolve what future initiatives needs to be featured on Artizen, as all initiatives on the location are curated by group members. On the finish of a given Artizen “season,” the venture with probably the most offered Artifacts receives a money prize. This season’s prize will likely be $23,492.
LEADERBOARD UPDATE
$23,492 Prize // Season 2 // Ends is 7 days“Ascendant Morphology” by @renderfruit simply offered 10 Artifacts and moved as much as 1st place.
Purchase Artifacts to unlock match funding and assist this venture win the Artizen Prize: https://t.co/P9vlvzV0hV pic.twitter.com/LfEpVIhyly
— Purchase Artifacts to Fund Creativity (@ArtizenFund) Might 9, 2023
Present main initiatives on Artizen embody a digital-to-physical design studio, a brief movie in regards to the American immigration system, an animated collection exploring late-stage capitalism by way of the lens of a laundromat on line casino, and a collection of 3D animations that examine female gender efficiency.
Whereas quite a few present Web3 platforms already provide the flexibility for creators to promote NFTs to fund initiatives, Artizen co-founder René Pinnell believes his platform stands out from the remainder as a result of Artifacts are distinct and significant artworks in themselves, which may rise in worth together with the initiatives with which they’re related.
“The concept is that these artifacts will recognize in worth primarily based on how a lot actual world affect a venture has,” Pinnell informed Decrypt.
Shimmering Shadows Amusement Park on Artizen. Picture: Artizen
Whereas the co-founder doesn’t consider each Artizen venture will form world tradition, he’s assured that some may have a seismic affect on historical past and the world.
“A few of [these projects] will likely be as impactful as Leonardo da Vinci, and so folks will wish to personal these Artifacts,” he stated.
