Ultiland has unveiled the Ultiland ART FUND, a $50 million initiative designed to integrate traditional artists and cultural institutions into the Web3 ecosystem. The fund, valued at 10,000,000 ARTX, aims to act as a 'Cultural IP Web3 Engine' and 'Cultural RWA Growth Pool.' The initiative focuses on four strategic areas: incentivizing traditional artists to transition to Web3, supporting the issuance of art asset RWA, fostering ecosystem collaboration, and rewarding creator growth. Ultiland anticipates the fund will support over 100,000 artists, facilitate the issuance of more than 20,000 art assets, and contribute to the standardization of global cultural content within the Web3 framework.