A New OpenSea and FWB Partnership Is Funding NFT Artwork With $100K

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OpenSea is partnering with the Buddies with Advantages (FWB) DAO to assist steward the launch of The Flock — an “immersive gallery exhibition” and “curatorial initiative”, in accordance with a press launch shared with nft now. A glimmering, heavenly exhibit, the collection of one-of-one NFTs will function works from artists like Ayaka Ohira, Case Simmons, Vivian Fu, and lots of extra.

This gained’t simply be any launch, although. In a primary, this collaboration will see OpenSea’s homepage fully taken over by the FWB DAO, who will function its slate of up-and-coming Web3 artists proper on the positioning’s entrance web page. Earlier than this occasion, featured works on OpenSea’s homepage had by no means been curated by a 3rd social gathering. Notably, an ex-employee of OpenSea exploited homepage curatorial privileges of Web3’s greatest NFT market in one of many highest-profile circumstances of insider buying and selling within the NFT area.

OpenSea’s collaboration with FWB extends additional than simply these front-page privileges. In help of FWB’s mission of guiding the way forward for Web3, OpenSea has allotted a $100,000 commissioning fund for use by FWB’s curatorial staff to steward the creation of recent artwork. These funds are set to be divvied up amongst “artists from throughout the normal artwork world and the NFT area, serving to them carry new artistic works to life,” in accordance with the press launch.

Given FWB’s standing as a DAO — which counts artists like Erykah Badu, Azealia Banks, and David Rudnick amongst its members — the collaboration with OpenSea was voted on for approval throughout the neighborhood, garnering 98% of the voting neighborhood’s help within the course of. The decentralized nature of the gathering’s curation units a promising precedent for “how exhibitions and collections are created and maintained in Web3.”

The Flock can also be set to kick off FWB FEST — a Web3 convention and competition expertise to be held on the Idyllwild Arts Academy in Idyllwild, California, from August 12 to August 14. Headlining the occasion’s music competition are Pussy Riot, Oneohtrix Level By no means, Weyes Blood, and extra.

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