APENFT Foundation Launches $100million ‘Art Dream Fund’

APENFT, the premier NFT foundation and fund, and TRON have announced the formal establishment of the $100million ‘Art Dream Fund’ to explore, cultivate, and support talented NFT and digital artists.

APENFT aims to collect meaningful stories and promote the fusion of finance, culture, and art in the metaverse and will do so by building three main pillars: acquisition of culturally significant NFT artworks, investment, and incubation of NFT projects, and the creation of an NFT marketplace.

The first open call of the ‘Art Dream Fund’ invites artists and creators to explore the theme of “Second Life” in the metaverse. “Second Life” is a concept closely related to the metaverse, and NFT is seen as the “ticket to the metaverse.” Since the late 1970s and early 1980s, utopian and dystopian visions of Web3.0 the Internet have been put forth, capturing the emergence of increasing complexities and variability of human life and hybrid experiences. We are now living in the digital golden age, enjoying tremendous technological and scientific progress with the accelerated development of blockchain. NFT and on-chain games are bringing people’s vision of the metaverse closer to reality than ever before.

This is an open invitation for artists to portray their dream lives and futures through digital media.

The open call aims to explore the questions that arise when our lives and social relationships become more closely intertwined with technology as social mediation. Such as; what kind of religious worship, new artistic origins, literary inspirations, and subversive scientific discoveries will be brought by humanity’s vision of the Metaverse? What does this for human consciousness, including all experiences, feelings, and emotions? What is the nature of reality? What will the future look like when artists participate in the construction of the Metaverse through digital art?

In the future, APENFT will launch support regularly through open calls, art grants, and artist in Residence programs. In addition to financing artistic creations, the ‘Art Dream Fund’ will also provide support and professional guidance to selected artists and artworks in various aspects such as marketing, PR, community building, and copyright protection in the NFT space. “Our goal is to introduce a group of incredible creators to the world of NFTs, empower them to explore new methods of creation, and share that opportunity with their communities,” said Sydney Xiong, APENFT Art director and curator.