The first-ever Internet Cat Video Film Festival will take place next month in Minneapolis.

The event will be hosted on August 30 on the grounds of the prestigious Walker Art Center, one of the leading contemporary art museums in the United States.

"While enjoyed by a broad online audience of millions, cat videos are normally viewed alone," writes festival organizer and self-professed "cat-lady-in-residence" Kate Czarniecki-Hill on the Walker Art Center blog. "Until now."

The festival represents an important first step in the direction of cat video legitimacy. Cats are still largely ignored by the big-ticket art world, despite the best efforts of artists such as Cory Arcangel, who made several videos of cats playing challenging atonal piano music written in 1909.

You have until July 30 to nominate your chosen cat videos for inclusion in the festival, using this web form.

The entire Internet Cat Video Festival will only last about an hour. "Most cat videos on YouTube are less than a minute so the festival should allow for plenty of feline fun," writes the Los Angeles Times. But we think they're wrong. The truly epic cat videos – such as Nyan Cat's transfixing ten-hour psychedelic journey above – only start to get interesting at the one-hour mark.

In the video below, cats play in surreal slow motion. Will they be fast enough to fit into the festival?