Scienjoy To Fund Artists To Transform Traditional Arts To NFTs

Scienjoy Holding Corporation (SJ), a live entertainment mobile streaming platform in China, on Tuesday announced the launch of a new program to provide funding to artists for transforming traditional arts to NFT platforms, thereby providing financial support to artists with creative minds.

The program labelled NFT Experience X, aims to provide technical support to artists, musicians, and other performers to create NFT works across the selected locations, whether through traditional art, exhibitions, murals, or other unique arts projects. It is expected to create hundreds of opportunities for more than 300 artists across the world.

NFT Experience X would provide selected artists with technical support from the Scienjoy engineering department to help them make a NFT highlight and supports artists like Julie Harvey, Peter Sadofsky, Radka Salcmannova, and Dazhou Wang, who would become NFT topics on the platform, such as OpenSea in the days to come. The Program marks a significant effort to support the arts in the NFT market.

The initiative is expected to ensure that artists are not left out of the future NFT world in the blockchain era. It is also expected to be a good opportunity to highlight the creative minds in the Metaverse.

Shares of Scienjoy Holding Corporation are currently trading in pre-market at $4.47, up $0.08 or 1.82 percent over the previous close.

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