• Non-fungible tokens, or NFTs, have become the hottest thing in the crypto world.
  • Ashton Kutcher’s venture fund, Sound Ventures, is hosting a pitching contest for NFT-related startups.
  • The judges include Snoop Dogg, Mark Cuban, Guy Oseary, and 3LAU.

OpenSea, a marketplace for non-fungible tokens (NFTs) just closed a $23 million funding round led by Andreessen Horowitz. Dapper Labs, creator of NBA Top Shot, landed $305 million in private funding last month. SuperRare, an NFT art marketplace, recently raised a $9 million Series A.

The NFT frenzy has opened the floodgates for startup fundraising. It was only a matter of time before celebrities-turned-VCs like Ashton Kutcher and Snoop Dogg got in on the action.

Kutcher and Guy Oseary’s venture fund, Sound Ventures, is hosting an NFT startup pitching contest where hopeful NFT startup founders can pitch celebs like Kutcher, Mark Cuban, Snoop Dogg, and NFT stars like 3LAU and Metakovan. The application deadline is April 12, and the winners are selected on April 21. The winning startups could receive their share of a $1 million, or more, in investment, Sound Ventures says.

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