Invest in Music

Posted on Jan 04, 2024Read on Mirror.xyz

We <3 The Art

Do you like art?

Well you’re in luck. 1.2M OP (or ~$4M) is up for grabs in Optimism’s first onchain art competition.

https://x.com/Optimism/status/1742185317099098512?s=20

Submissions close this Monday - January 8th so don’t wait!

Marketed as the “onchain American Idol” - creators can submit two pieces of art to the following categories:

  • Music

  • 1/1s

  • AI Art

  • Generative Art

Simply head to this site to submit art minted across one of the following platforms.

Keep in mind that all Superchain networks are eligible - meaning you can mint your work on Optimism, Base or Zora Network.

NOTE: You must submit a newly minted piece of art - meaning you can not submit something that was already minted prior to the campaign.

https://x.com/binji_x/status/1742371496469880997?s=20

Each category features a 300K prize pool broken down as follows:

  • 1st Tier - 50K OP (~$175k) 2 winners

  • 2nd Tier - 20K OP (~$70k)  5 winners

  • 3rd Tier - 7K OP (~$24.5k) 10 winners

  • 4th Tier - 1K OP ($3.5k) 30 winners

All with a unique group of judges:

Music

1/1s

AI Art

Generative Art

Judging is broken down into the following rubric:

  • Originality - Does the art have a unique perspective?

  • Creativity - How creatively has the creator conveyed their message or idea?

  • Conceptual Depth - Does the work communicate some underlying meaning beyond its visual or auditory effect?

  • Aesthetic Impact - How impressed are the judges with the overall quality and execution of the art?

Why Should I Care?

Taking a step back - We <3 the Art is a pretty historic moment for onchain art.

With Optimism on a recent tear after becoming the home for onchain music - there is literally no better way to further cement yourself in this community than by submitting a song for the contest.

When thinking of what to submit - keep the following in mind:

  • How does this contribute to the wider conversation around the adoption of crypto and L2s?

  • How does this art play into the Superchain narrative?

  • What is the wider story or intention behind this piece?

  • How will you use the prize tokens to further the intention of your submission?

More broadly - be vocal about your submission on Twitter! The intention of the competition is to celebrate onchain art - so celebrate!

Host Spaces, write articles, make content - whatever comes to mind! We are proud advocates of We <3 the Art here at Invest in Music and want to give the whole Optimism team a huge shout out for creating such a monumental contest.

We’ll be back with coverage of the winning music submissions but until then… go submit some art!

​​This post will be included in Invest in Music's Retroactive Public Goods Funding proposal for Optimism.


Collect the Invest in Music Pass and join the Collector Chat.

Listen and Watch: Spinamp | YouTube

Follow: Twitter | Instagram | TikTok | Lens


Disclaimer: The content of this announcement is published in the United States of America and persons who access it agree to do so in accordance with applicable US law. Coop Records Management LLC (“CRM”) is not a wallet provider, exchange, broker, financial institution, money services business, or creditor.

The Invest in Music podcast, newsletter or other materials from CRM (collectively, “Content”) is for informational purposes only, and should not be construed as legal, tax, investment, financial or other advice. Nothing in this post or in any Content constitutes a solicitation, recommendation, endorsement, or offer by CRM or any third party service provider to buy or sell any securities or financial instruments or products. All Content is information of a general nature and does not address the circumstances of any particular individual or entity. CRM is not a fiduciary by virtue of any person’s use of or access to Content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of Content before making any decisions based on such Content.

You should not treat any opinion expressed by Cooper Turley or others with respect to the Content as a specific inducement to make a particular NFT purchase or follow a particular strategy, but only as an expression of opinion. Before acting on information based on the Content, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own legal, tax, investment, financial or other advisors. CRM or its affiliates or clients may, directly or indirectly, have a financial interest in Content discussed.