The competition was open to all creators and artists from October 30th to November 30th, 2021, and used the Tezos blockchain. The theme for this year's competition is "Time".
According to TZ APAC's Head of Growth, David Tng, the Tezos blockchain is a primary choice for emerging digital artists around the globe because of its inexpensive minting costs and energy-efficiency.
"We are proud to be a forum and participate in the 2021 NFT Art Prized Moments competition, as we know that NFT art is attracting attention because digital works can be turned into an asset with legal ownership," said Tng.
The selection of the competition's top ten finalists occurred between December 1st and 6th, by a senior panel of the Indonesian art scene's top luminaries, including Detty Wulandari, NFT Art Collector; Khai Hori, senior curator and president of Art Galleries Association of Singapore (AGAS) and was previously senior curator at the Singapore Art Museum, and Prasajadi, an NFT Artist and founder of MetaRupa. Winners were selected from 7th to 8th December 2021, following a strict judging process.
IDR 32,000,000 (USD 2,200) in prize money was distributed among four winners, with first place winner Muhammad Sabiq Hibatulbaqi receiving IDR 15,000,000 for his digital-only, fast-paced video artwork "Melancholy of Doubt and Fear".
The accompanying NFT-focused exhibition will be held from 10th to 18th December at the ISA Art & Design, Wisma BNI 46 Jakarta, and is open to the public.
NFT Art Prized Moments 2021 WINNERS
Muhammad Sabiq Hibatulbaqi
Second Runner Up:
Photo credit: The Winning NFT of Art Moments Jakarta 2021: Melancholy of Doubt and Fear by Muhammad Sabiq Hibatulbaqi