Browsing: Creators Fund

• The chosen Creators of Tomorrow are making waves in their online communities and demonstrating a best-in-class approach to video formats, technology, and interactive entertainment.
• Over the next year, Meta will work closely with these creators to help them increase their audiences and turn their interests into careers using Meta technologies.
• Meta will organise unique events across the region to honour the Creators of Tomorrow, presenting the most recent news, insights, tools, and resources from Meta technologies

Meta has announced the start of ‘Creators of Tomorrow,’ a new initiative that recognises young talents from across the world who are driving a new wave of creative material on the internet.

The campaign highlights Sub-Saharan African innovators from East Africa, Southern Africa, and Francophone Africa.

The chosen Creators of Tomorrow are making waves in their online communities and demonstrating a best-in-class approach to video formats, technology, and interactive entertainment.

The global campaign …

• In 2021, the NFT market generated more than US$25 billion in trading volume, and 2022 appears to generate more figures than the previous year
• NFTs are digital assets in the form of a digital file, an image, video or audio that a seller uploads to a cryptocurrency exchange platform for people to buy through cryptos
• The KuCoin cryptocurrency trading platform announced on April 19 that it will launch a US$100 million Creators Fund to support early-stage NFT projects

Recently, Changpeng Zhao, the founder of the largest exchange platform, binance, argued that the NFT business is “bonkers”, expressing his disbelief about how successful the NFT market has become.

Changpeng quotes how almost a year ago, an NFT file sold at US$69 million, something the buyers will never even be able to touch physically!

“People may have lost their mind,” Mr Zhao told fortune.

Despite referring to the growing NFT obsession as …