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.

In line with a report from Bahamas media Eyewitness Information, the College of The Bahamas introduced the scholar winners of its non-fungible token Digital Arts Initiatives on October 7. Every pupil 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.

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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 expertise.

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

In a report by OurNews media, the CMAF mentioned the NFT competitors was only the start of their contribution to the college’s arts and music applications. CMAF and Tezos Basis will even present instructional tutorials, supplies and steerage for college kids on use the Tezos blockchain to mine, market and promote their NFT works.

The joint initiative additionally plans to offer the college with related gear and expertise for the scholars in order that they’ll 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

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