Bahamas students each win $10k in NFT competition sponsored by Snoop Dogg’s son

5 College of the Bahamas college students gained $10,000 every for his or her digital music and artwork creations as a part of the college’s NFT Digital Arts Challenge, sponsored by Snoop Dogg’s son Cordell Broadus.

That is evident from a report from media within the Bahamas Eyewitness NewsThe College of the Bahamas introduced the coed winners of its non-fungible token Digital Arts Tasks on October 7. Every scholar will obtain a $10,000 prize for his or her NFT creations.

Three college students gained prizes within the Visible Arts class, whereas two different college students gained within the Music class.

The undertaking is funded by UB’s Champ Medici Arts Fund Scholarship Award. The collaboration concerned Cordell Broadus, son of American rapper Snoop Dogg, and the Tezos(XTZ) Basis. The award was first established in March 2024 with an preliminary donation of $100,000.

In an interview with Eyewitness Information, one of many college students who gained within the Music class mentioned that collaborating within the competitors allowed him to study extra about NFT know-how.

The CMAF is a $1 million philanthropic fund based by Cordell Broadus in partnership with the Tezos Basis. Their objective was to assist rising musicians and artists world wide who need to construct and create new inventive and cultural works on the Tezos blockchain.

In a report by Our news mediaCMAF mentioned the NFT competitors was only the start of their contribution to the college’s arts and music applications. CMAF and Tezos Basis may even present instructional tutorials, supplies and steering for college students on learn how to use the Tezos blockchain to mine, market and promote their NFT works.

The joint initiative additionally plans to supply the college with related tools and know-how for the scholars in order that they will pursue digital artwork and music initiatives sooner or later.

Tezos is a proof-of-stake blockchain platform for good contracts that launched in 2017 after an preliminary coin providing of $232 million.

In June 2024, it introduced a brand new improve referred to as “Tezos