In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem.
Avaissance has two main components, an Artist in Resident program (AIR) for over 50 artists and the Mona Lisa Initiative (MLI) to curate digital art and expand the collections of art-focused decentralized autonomous organizations (DAOs).
Avaissance begins!The Avalanche Foundation is launching the Avaissance initiative to grow the #AVAX NFT ecosystem and support its budding artists. The program aims to usher in a rebirth of creative activity on Avalanche.So, what’s the plan?⬇️ pic.twitter.com/mNhDoQqDhD
AIR will provide artists “of any skill level” with funding, mentorship and virtual workshops for six months, while MLI will collaborate with DAOs’ curatorial teams to promote emerging Avalanche NFT artists and establish an “Avalanche Permanent Collection.”
On March 27, United States-based ticketing company Ticketmaster announced a new feature token gated ticket sales, which allow artists to reward NFT holders with exclusive benefits, including “special presales, prime seats, custom travel packages and access to unique concert experiences.”
The ticketing giant developed the functionality after being approached by American heavy metal band Avenged Sevenfold (A7X) and its Web3 team, Bitflips, to help implement a service to provide holders of their NFTs – Deathbats Club, a collection of 10,000 unique Deathbat NFTs – the opportunity to unlock perks and access to events.
The feature currently works with tokens minted on Ethereum (ETH) and stored in decentralized application (DApp) wallets, including MetaMask or Coinbase.
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