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Tron Foundation, APENFT Launch $100M Fund for NFT Projects

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Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) market, to launch a $100 million fund to help NFT tasks and digital artists.

  • The Art Dream fund goals to gather “meaningful stories and catalyze financial and cultural inclusion in the metaverse,” stated APENFT, which operates on the Tron blockchain based by Sun.
  • The metaverse is an atmosphere generated by the convergence of digital worlds, augmented actuality and web companies.
  • Artists will obtain help and steerage from the Tron Foundation and APENFT, together with recommendation on copyright safety and different authorized features.
  • The first theme for submissions is “Second Life.” The fund is asking for digital abilities to use by creating digital artworks exploring the Second Life in a digital parallel universe.
  • The two companies have cooperated earlier than: In August, the Tron Foundation introduced it had partnered with APENFT and WINKLink to launch the $300 million Tron Arcade fund, which is able to spend money on so-called GameFi tasks over the following three years.

Read extra: Tron Foundation Launches $300M Fund to Invest in GameFi Projects

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