aiRight Ignition #2: “Text2Image” NFT Collection Trading Competition

Oraichain Labs
aiRight
Published in
2 min readMar 6, 2023

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As the tech world continues to push the boundaries of innovation, the field of Artificial Intelligence has emerged as a driving force behind the latest breakthroughs. Meanwhile, aiRight is dedicated to keeping pace with this movement by introducing the “Text2Image” AI model not long ago.

This groundbreaking technology allows NFT artists to effortlessly create stunning visual artwork from simple text input, opening up a world of unlimited creative possibilities. This time’s aiRight Ignition #2 competition is an opportunity for us to engage aiRight’s community and inspire NFT artists to unlock their full potential of creativity. Join us on the exciting journey of exploring the limitless potential of AI and NFT!

Rules:

  • Your artwork must be created using aiRight’s “Text2Image” AI model. Only original and unique creations are eligible for entry;
  • Both OW721 and OW1155 standards are eligible;
  • Each wallet account can have more than one collection for the contest, however, the trading volume of a collection is counted for prizes (not the trading volume of all eligible collections of an account);
  • For existing collections with NFTs generated by aiRight’s Text2Image, the trading volume will be counted with only the data during the competition timeline (below);
  • The price format of these NFTs can be both in ORAI and AIRI.
  • Collection must reach the minimum volume of $500 on the Marketplace (the volume will be counted as the total value of buying transactions) for qualification.

Disqualification:

  • Your artwork must not feature adult, disturbing, offensive, or inappropriate content.
  • Your artwork must not infringe upon the rights of any third party individuals or entities.
  • Using bots or other types of malpractice is prohibited.
  • aiRight reserves the right to disqualify any entry that does not comply with the rules or guidelines of the contest.

How to join:

  • Create and mint your NFTs using aiRight’s “Text2Image” AI model with with #Ignition tag.
  • Create an NFT Collection (here) and select the Text2Image-generated NFTs to add in
  • Don’t forget to showcase it on Telegram or Twitter!

Timeline:

From March 6, 2023 at 11:00:00 (UTC) to March 20, 2023 at 11:00:00 (UTC)

The trading volume will be updated regularly and captured on March 20, 2023 at 11:00:00 (UTC).

Prize Pool:

$400 worth of AIRI tokens will be distributed to both collection owners and collectors (anyone who makes a buy/sell transaction on the NFTs in the winning collection)

Top 1:

  • Featured on the homepage of aiRight: Hot Collection, Top Collectors, and Top NFTs
  • $100 in AIRI for the Collection Creator
  • $100 in AIRI for all participants trading NFTs in the Collection

Top 2:

  • $60 in AIRI for the Collection Creator
  • $60 in AIRI for all participants trading NFTs in the Collection

Top 3:

  • $40 in AIRI for the Collection Creator
  • $40 in AIRI for all participants trading NFTs in the Collection

Good luck to everyone!

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