March 27, 2024
Press releases

Palm Foundation Offers $45,000 Grant to Artists Exhibited at Patio by ZsONAMACO

Mexico City, Mexico, December 5th, 2023

Palm Foundation, the nonprofit nurturing creative projects developed on Palm Network, is offering a $45,000 grant to artists selected by Patio curatorial committee. The award will be shared among artists chosen to have installations exhibited at Patio by ZsONAMACO during the Art Baja California art fair.

The outdoor exhibition of art installations, outdoor sculptures and ephemeral works will be shown on March 7-8, 2024 at San Jose Baja California. Hosted by LATAM’s leading art fair platform, ZsONAMACO, the event attracts tens of thousands of visitors and hundreds of exhibitors from around the world.

Thanks to Palm Foundation’s grant, selected artists will be free to create large scale physical pieces that will feature prominently at the event. The grant program will also raise the profile of Patio-curated artists by giving them an opportunity to bring their work to the digital domain. Each grant recipient will be required to mint 3 to 5 NFTs related to the physical piece to be exhibited during Patio by ZsONAMACO.

Artists will receive full technical support from Palm Foundation, helping them to create and mint NFTs that complement their physical art. Works will be issued on Palm Network, the blockchain ecosystem focused around the creative arts. Artists will retain the intellectual and commercial rights to their work and will have a choice of commercial platforms should they wish to sell their NFTs.

As part of Palm Foundation’s commitment to raising the profile of featured artists, each participant will be invited to select one of their minted NFTs to participate in a Palm DAO community vote. The artists with the highest number of votes will receive an additional $1,000 grant.

The grant made available to patio-curated artists is part of a series of initiatives developed by Palm Foundation. The organization is also sponsoring similar programs for artist residencies in Mexico City and Berlin. Artists selected for a Palm Foundation grant gain an opportunity for professional development through learning to work with NFTs and to expand their digital profile.

About Palm Foundation

Palm Foundation aims to empower and elevate historically marginalized creative communities in web3 by endowing critical education, providing opportunity, and amplifying the work of diverse creators on the Palm Network. The Palm Network is powering a new era of collaboration, ownership and identity by providing tools for individuals and communities to shift the value of all time spent and content created away from centralized entities back to the creator.

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ABOUT  Patio

Patio by ZsONAMACO is an outdoor exhibition presenting a variety of art installations, outdoor sculptures and ephemeral works that are carefully curated for its presentation at the beautiful gardens of Jardin Escultórico Puerto Los Cabos in San José. The works presented will be on exhibition and sale during the eight weeks of the festival.

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ZsONAMACO is the most important art fair platform in Latin America. During its 2023 record breaking edition it received more than 77,000 visitors, over 200 exhibitors from all over the world participated and more than 50 international museum groups visited the fair.

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Source: Chainwire; Image: Palm Foundation

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