Delio to Start Voting on the 19th for Selecting Winners of Korea's Largest NFT Contest

[Asia Economy Reporter Hyungsoo Park] Virtual asset fintech company Delio announced on the 18th that it will hold a public vote to select the winning entries for the non-fungible token (NFT) contest ahead of the launch of its NFT marketplace ‘Bluebay’.

The winners will be selected through a combination of public voting and expert evaluation. Delio will reflect the public voting scores and the judging scores at a 5 to 5 ratio.

The contest attracted creators from both domestic and international backgrounds, with over 300 works submitted across various fields such as painting, illustration, and photography. Not only emerging artists but also established artists produced a large number of new works as digital art.

The contest, with a total prize of 100 million KRW, was hosted by Delio in collaboration with N Blockchain specialized media ‘Decenter’ and the ‘Korea University Blockchain Research Institute’. It has been ongoing since the 1st to discover emerging artists and digitize outstanding artworks.

To encourage public voting, Delio is offering prizes on a first-come, first-served basis to participants. The expert judges include Professor Jongmi Jeong from Korea University Color Research Institute and two art experts.

A Delio official said, "As interest in NFTs has recently increased, inquiries have been flooding in until the contest deadline," adding, "We expect great works from a diverse range of people, from the general public to established artists, and look forward to seeing which works will be selected."

The NFT marketplace Bluebay, designed for both creators and users, offers differentiated services such as ▲exemption from transaction fees ▲DSP rewards for NFT issuance and trading ▲NFT collateral loans ▲NFT rental services.

This content was produced with the assistance of AI translation services.