aiRight Ignition: The First Community Art Competition
2021 has been an exciting year for aiRight. Since launching in June, updates to aiRight’s fundamental infrastructure have been steadily implemented to create a quality and unique ecosystem for NFT creators and collectors. To close out the year, aiRight is hosting aiRight Ignition, a community art competition rewarding AIRI tokens to top creators and collectors.
aiRight is ready to feature your artwork! From now until December 31, we will be hosting Ignition, our first community art competition to forward the adoption of aiRight’s complete system for AI X NFT X DeFi on Oraichain mainnet. Both creators and collectors will have the opportunity to earn rewards for the marketplace and social activity on the platform.
Ignition: aiRight’s Community Art Competition
At the heart of our mission, aiRight’s core products focus on the preservation of originality and the protection of intellectual property. Both musicians and visual artists are invited to join this competition for the chance to win rewards in the form of AIRI tokens.
How to join the competition
- Mint NFTs on aiRight with “Ignition” tag here https://airight.io/ai-models. All artwork must be original. Any infringement will result in disqualification. Both OW721 and OW1155 standards will be eligible.
- Create a collection here https://airight.io/collections and select NFTs to add in. (Read more about aiRight Collection: https://blog.airight.io/introducing-nft-collection-feature-on-airight-6827f455d2d5)
- Start call for trading the NFTs in the collections.
The Trading volume will be updated regularly and captured on 31 Dec 2021 at 12:00 pm UTC to select the winners.
- The competition will end December 31 at 12:00 pm UTC
Rewards and Prizes
aiRight is allocating $3,000 in AIRI tokens as the prize pool for both creators and collectors (anyone who makes a buy/sell transaction on the NFTs in the winning collection)
💰 Top 1 Trading volume Collection
$800 in AIRI for the Collection Creator
$800 in AIRI token for all participants tradingNFTs in Collection
💰 Top 2 Trading volume Collection
$500 in AIRI for the Collection Creator
$500 in AIRI token for all participants trading NFTs in Collection
💰 Top 3 Trading volume Collection
$250 in AIRI for the Collection Creator
$250 in AIRI token for all participants trading NFTs in Collection
Collection must reach the minimum volume of $20K on aiRight marketplace (the volume will be counted as the total value of buying transactions).
The trading volume will be captured at 23:00 UTC 31 Dec 2021
All the current owners of the NFTs in the winning collection will have the opportunity to join in our upcoming NFT staking program to receive APR. Farming program details will be announced later.
🔥 Start to create a collection to join the competition now: https://airight.io/collections
Airdrop Program
To support this initiative and attract collectors to the aiRight platform, we will be doing a number of NFT airdrops to invite holders from other popular projects to join our ecosystem. Airdrop eligibility and registration will be announced shortly. Stay tuned to aiRight’s official channels for details.
About aiRight
aiRight is the world’s first complete system for AI x NFT x DeFi. Users can generate AI NFTs, protect origin with copyright issuance, trade and tokenize unique artworks, taking advantage of our complete royalty mechanism for contributors on-chain.
Oraichain is proud to be the ecosystem provider of aiRight: securing AI functionalities via AI Oracle, accessing Marketplace, organizing Galleries for DeFi, and cross-chain bridging for NFTs.
