Twitch
Wallet
The Art Banc holds a public Bitcoin Wallet that pays Performing Artists and Contributors a share of Bitcoin from donations. Their share is transferred to their personal wallet after each successive season.
Share Breakdown
60% ︎︎︎︎︎︎
Performing Artist Shares
Each Performing Artist receives 1 share of 60% of the Wallet’s Seasonal Total
30% ︎︎︎
Contributor Shares
Participants contributing to the ecosystem in the form of digital media receive 1 share of 30% of the Wallet’s Seasonal Total
10% ︎
Production and Operational Costs
10% of the Wallet’s Seasonal Total funds Production and Operational Costs of the Art Banc
Breakdown Example
Season One (90 Days)
Wallet Season One Total = 1 BTC
︎ 60% Performing Artist Shares
10 Artists Perform on the Art Banc Live in Season One
60% ÷ 10 Shares = 6%
Each Performing Artist receives 6% of the Wallet’s Seasonal Total, amounting to .06 BTC each
︎ 30% Contributor Shares
10 Participants contribute digital media in Season One
30% ÷ 10 Shares = 3%
Each Contributor receives 3% of the Wallet’s Seasonal Total, amounting to .03 BTC each
︎ 10% Production and Operational Costs
10% of the Wallet’s Seasonal Total funds Production and Operational Costs of the Art Banc
the Art Banc
© 2021 THE ART BANC