- It’s called NFT Showdown
- Participants will compete in creating avatar collections
The Solana Foundation has announced a new contest for aspiring digital artists, “NFT Showdown.”. It’s a competition for the best idea for avatar collections.
So, contestants must develop comprehensive business plans that will bring real value to the fashion, gaming and entertainment industries.
These are the industries in which NFTs are most commonly used.
“NFT brands are a great way for seasoned entrepreneurs to start their business plans and build strong communities.
Do you have a creative concept and business presentation you’re passionate about? Take this chance to access and use Solana’s many new tools for flexibility and scalability.”
Applications can be submitted between June 5 and 9. These should include the following points:
- Purpose audience.
- The problems the product addresses.
- The business model and market development strategy (product launch, case studies, etc.).
- Hort term and long term plans for community engagement and retention.
- Comprehensive layout of the art concept for the collection.
- Advanced information (perhaps some tricks to speed up the project).
Winners will receive support from the Solana Foundation. It includes advice and help from industry experts.
Solana recently introduced a plugin for ChatGPT. This would allow them, in theory, to become the first “smart” blockchain.