The Solana Foundation has launched a contest called "NFT Showdown," which invites creators to pitch their ideas for NFT profile-picture collections that offer "real-world utility" for various industries. The competition aims to encourage a shift in the way NFT brands design their business plans prior to launching, with the 10 winners receiving direct support from Solana, including extensive guidance from experts on achieving long-term success. Despite Ethereum's dominance in the NFT space, rival chains like Solana have been gaining ground. The submission window for the contest is set for early June.
(By RT Watson)
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