Share this article
BTC
$82,415.91
+
8.20%ETH
$1,644.11
+
14.67%USDT
$0.9996
+
0.04%XRP
$2.0356
+
14.09%BNB
$577.75
+
5.72%SOL
$117.70
+
12.88%USDC
$0.9999
-
0.01%DOGE
$0.1582
+
12.17%TRX
$0.2386
+
4.37%ADA
$0.6228
+
12.27%LEO
$9.3780
+
3.24%LINK
$12.47
+
15.21%TON
$3.1201
+
4.73%AVAX
$18.29
+
13.01%XLM
$0.2388
+
8.07%SUI
$2.1996
+
14.25%HBAR
$0.1697
+
15.75%SHIB
$0.0₄1185
+
11.70%OM
$6.7696
+
8.21%BCH
$303.06
+
12.70%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Tron Foundation, APENFT Launch $100M Fund for NFT Projects
The fund will offer artists support and guidance as well as advice on copyright protection and other legal aspects.
Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) marketplace, to launch a $100 million fund to support NFT projects and digital artists.
- The Art Dream fund aims to collect “meaningful stories and catalyze financial and cultural inclusion in the metaverse,” said APENFT, which operates on the Tron blockchain founded by Sun.
- The metaverse is an environment generated by the convergence of virtual worlds, augmented reality and internet services.
- Artists will receive support and guidance from the Tron Foundation and APENFT, including advice on copyright protection and other legal aspects.
- The first theme for submissions is “Second Life.” The fund is calling for digital talents to apply by creating digital artworks exploring the Second Life in a digital parallel universe.
- The two firms have cooperated before: In August, the Tron Foundation announced it had partnered with APENFT and WINKLink to launch the $300 million Tron Arcade fund, which will invest in so-called GameFi projects over the next three years.
Read more: Tron Foundation Launches $300M Fund to Invest in GameFi Projects
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
