Liberated Pixel Cup is a two-part competition: make a bunch of awesome free culture licensed artwork, and then program a bunch of free software games that use it. Liberated Pixel Cup brings together some powerful allies: Creative Commons, OpenGameArt, the Free Software Foundation, and you.
This pixelart contest begins June 1st with monetary prizes. Read the rules and FAQ pages HERE if interested. Good luck!
*News item suggested and submitted by Sharm