Solana Woos Creators With $5M Fund for Artists and Musicians
The Solana Foundation and two of the network’s leading platforms are putting up $5 million to lure influencers into the world of Web 3.
Project reps say no creators have been onboarded yet.
The project is aiming to enlist 1,000 artists and musicians with promises of both financial and technical assistance from the Solana Foundation. The amount of money and type of support provided will vary case-by-case, said a project spokesperson.
The arms race for creative projects on speedy blockchain networks appears to be heating up. Ethereum scaling project Polygon announced this week the creation of a new blockchain gaming arm.
- Bitcoin Trending Down After Earlier Gains
- A16z Leads $9M Funding Round for Solana’s Phantom Wallet to Go Multi-Chain
- CoinFund, ParaFi Lead $5.2M Seed Round for Liquidity Staking Platform ClayStack
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.