10 August 2023

Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx

The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...

Cordell Broadus and Tezos Foundation Unveil Inaugural Artists for the Champ Medici Arts Fund

Cordell Broadus and the Tezos Foundation have unveiled the inaugural batch of grantees for its Champ Medici Arts Fund joint venture. Cordell Broadus, popularly known as Champ Medici is the second son of music icon Snoop Dogg. The foundation’s vision is to drive artistic innovation in the realm of web3.

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The Champ Medici Art Fund - Cordell Broadus, Tezos Foundation

Cordell Broadus and the Tezos Foundation have unveiled the inaugural batch of grantees for its Champ Medici Arts Fund joint venture. Cordell Broadus, popularly known as Champ Medici is the second son of music icon Snoop Dogg. The foundation’s vision is to drive artistic innovation in the realm of web3.

The Champ Medici Arts Fund was launched last year, marking a significant collaboration between Champ Medici and the Tezos Foundation. With a core aim of “support[ing] emerging and legacy musicians and creatives across the globe on the Tezos blockchain,” the fund represents a promising evolution of artistic endeavor in the Web3 space.

It was revealed in an announcement that the fund, valued at $1 million, was inspired by Cordell Broadus’s dedication to assisting both emerging and established artists worldwide. This initiative represents a significant advancement in the merging of traditional artistic practices with cutting-edge blockchain technology.

The artists selected for the fund’s first cohort reflect a spectrum of artistic disciplines and come from diverse backgrounds. The list includes Laurie Marqueton, Uzumaki Cepeda, Malachi Wright, Cory Anne Roberts, and Reggie Couz. Their upcoming projects are anticipated to showcase the myriad ways in which creative and musical endeavors can be realized on the blockchain.

Meet The Cohort

Collectively, this talented cohort boasts an impressive combined social media reach of a staggering 5,696,412 across various platforms, highlighting their influence and potential impact in the arts and beyond.

Laurie Marqueton: A French/Chinese singer, songwriter, and producer, Laurie began her musical journey at age 14. Influenced by her upbringing across France, China, and the United States, she boasts 1,793 monthly listeners on Spotify and a following of 92,000 on Instagram.

Socials:

Uzumaki Cepeda: Drawing inspiration from her Dominican roots, Uzumaki creates evocative interactive installations using brightly-colored faux fur, focusing especially on Black and Brown communities’ social issues. She has a following of 141,000 on Instagram and 25,800 on Twitter.

Socials:

Malachi Wright: A self-taught visual artist, Malachi has been sketching since his early years and is inspired by renaissance paintings. Recognized by celebrities such as Will Smith and Snoop Dogg, Malachi aspires to be a future entrepreneur. His social media reach extends to 151,000 followers on Instagram, 13,100 on Twitter, and 3,900 on Facebook.

Socials:

Cory Anne Roberts: A photographer and model known for her participation in ANTM, Cory Anne is both a model and an actress, having been featured in several music videos, commercials, and ad campaigns. Her online presence includes 87,700 followers on Instagram and 7,412 on TikTok.

Socials:

Reggie COUZ: A multi-faceted American artist, Reggie is a singer, record producer, comedian, writer, actor, and an internet sensation. He’s prominently recognized for his engaging content across platforms and his participation in the improv comedy show, Wild ‘N Out. Reggie has an impressive 1,300,000 subscribers on YouTube, 2,500,000 followers on Instagram, 74,500 on Twitter, and another 1,300,000 on TikTok.

Socials:

Kicking Off The Fund

Valérie Whitacre, Head of Art at Trilitech, which functions as the London hub for the Tezos ecosystem, commented on the venture.

“There are a couple of visual arts projects that are kicking off the fund. That’s really, again, to expose the dynamic way in which creatives can use the blockchain to try and push the boundaries of the types of projects we’re going to see.”

Furthermore, some of these blockchain-based art projects are imbued with charitable components that resonate with the artists or the broader communities they have fostered. Whitacre emphasized how these efforts can:

“[transition] dynamic creative models, whether it be more pinup style models and portraits to abstractions of everyday objects.”

This would be effectively broadening the horizon of what blockchain-based creative content can be.

For those who missed it, Cordell Broadus went in-depth about the vision behind the Champ Medici Arts Fund in a recent Twitter space event, which is now available for playback:

First Unveilings

Uzumaki Cepeda will be covering a first-ever NFT collection called: ‘‘FUR’niture’ minted on fxhash on the 9th September.

The collection is available to view on fxhash here. The collection was first unveiled at an art show in Los Angeles on September 1st.

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Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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