NAGA Group AG, a fully-owned subsidiary of NAGAX, has launched a foundation to promote early-stage NFT technologies with financial and marketing support. The cryptocurrency trading platform NAGAX has announced a $100,000 fund for digital artists.
Get up to 100K to help launch your NFT collection with a crypto community of millions. 🤑
Submit your work to get in on the change where art & crypto intersect by Jul 31st.
Apply to the NAGAX Creator Fund today!🎨https://t.co/FTEg6JBspQ#NAGAX NFT Market Place coming soon👀 pic.twitter.com/5leCIyFMCR
— NAGAX (@NAGAX_Official) May 6, 2022
According to the official press release, Nagax has opened an application drive for its “NFT Creator Fund,” which is aimed at promoting a new generation of the most talented digital artists. The application period began on May 1, 2022, and will conclude on July 31, 2022. Every NFT creator is eligible to request financial and marketing assistance.
The total amount of money available to the campaign’s winners is in excess of $100,000. Participants must fill out a unique form and submit their ideas/portfolios to be considered for funding. An email will be sent to all applicants with instructions on how to finish the registration procedure using the NAGAX app for desktop and mobile devices.
In August 2022, the winners will debut their drops on NXNFT. The organisers will announce the winners on August 10, 2022. The $100,000 in prize money, as well as marketing and launch help, will be distributed to the successful candidates.
Furthermore, the winners will be able to list their work on the NXNFT Marketplace with no effort and at no cost. The new technology, which is Ethereum-compatible, allows digital artists to manufacture tokens using Metamask.
