NAGAX introduces NFT platform with $100K NFT Creator Fund

NAGAX, a crypto social trading platform, announced the launch of its ‘NFT Creator Fund’ to help artists and content creators in the digital art space launch their NFT projects, Invezz learned from a press release.

The application period for projects kicked off on the 1st of May 2022 and runs through the 31st of July, giving NFT creators a chance to participate in the $100,000 fund to support their collection launch.

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Helping projects launch NFT collections on new NAGAX marketplace

The ‘NAGAX Creator Fund’ aims to give all creators and artists (big or small) an opportunity to participate and a chance to get their share of the $100,0000 fund in launch and marketing support. Additionally, the creator fund will help NFT projects launch their NFT collection on NAGAX upcoming NFT marketplace.

The fund is perfect for artists, creators, and people looking to launch their own NFT collection, giving them limitless access to a large community of potential collectors.

Chosen artists announced by August 10

Once the application window closes, the most creative artists and NFT creators will be contacted via email, the NAGAX feed, and NAGAX official social media platforms. The chosen artists will be announced by Monday, the 10th of August 2022 and receive their share in $100,000 in marketing & launch support.

Chosen artists and creators will have an opportunity to launch their collection on the NXNFT Marketplace, NAGAX’s own blockchain platform allowing to mint and trade NFTs with zero fees. Creators can set royalty fees, sell in auctions or at fixed price and export their NFTs to Ethereum-based (ETH/USD) wallets such as MetaMask.

Artists featured in promotions

NAGAX will feature the artist in external online promotion material e.g., social media campaigns and on its website. The NAGAX team will promote the selected collections to the NAGAX community, NAGAX feed, and the NAGAX NFT platform feed.

The promotional activities shall start within 30-days of acceptance of the reward and last till the budget fund is finished.

NFT owners receive full rights to funds

Unlike other NFT artist funds, NAGAX is giving full rights to the NFT owners. The funds from the collection that are sold are completely and boundlessly intellectual property of the creator of the collection at hand.

Highly anticipated NFT marketplace launch

NAGAX NFT Creator Fund paves the way for the upcoming NAGAX NFT marketplace, an all-in-one NFT marketplace that integrates the social value of real-world interaction into the emerging virtual world.