We’re supporting your cool ideaArtists and Creators
Every artist has a cause and that’s what inspires us.
Use case 2:
An artist/creator is coming to Stitchia Network with her/his artwork/creative idea via a Genesis NFT ticket owner’s endorsement or a STITCH token backer proposal. After submission of a pre-approval request form with basic details attached (initiation stage), the core team and at least one Ticket holder’s endorsement, the idea is placed for a Network Vote (Accept or Not); If accepted, the idea moves into the next inception stage, including: NFT design, creation and minting & listing on Stitchia Marketplace.
95% for the artist/creator,
3% development of the NFT collection
and 2% StitchiaDAO Treasury.
Relocation of funds (rollout stage) to the artist/creator would be delivered in 3 phases, based on pre-agreed deliverables/milestones proposed by the artist/creator.
Let’s make an example:
Let’s assume his idea is already being endorsed and approved and it moves into the inception stage, where the team of Stitchia alongside endorser(s) would shape and plan technical and design work needed, alongside minting and marketing (if needed).
Paulo as the artist/creator associated with this project would keep getting royalties of 3% on each and every resale that incurs afterward. After the NFT collection is minted – a free airdrop to the Tailors and 50% of the Makers, and guaranteed allocation for the Cutters. The remaining NFTs would be left for the public to mint.
Here at Stitchia Network we envision a transparent and fair lifetime royalties distribution of 5% as follows:
2% for Stitchia Network Treasury