muti loves music and to listen to EPs, LPs and Cassettes.
Therefore muti DAO will support a studio session for 1-2 days on a monthly basis so that the artist does not need to worry about anything but the composition and creation itself.
The funds are supposed to be used for the studio costs, sound engineer, artwork of the release (if applicable) and a payment for the artist as well as administration of the project.
From each recording one NFT in the muti store will be minted and the NFT & artist will receive exposure through all the muti social media channels.
Through this program more artists and studio holders will be funded through, onboarded and introduced to the NEAR ecosystem and its possibilities, the world of NFTs will be explored.
Each month the value will be decided depending on the nature of the project (number of musicians, rental fee, amount of recorded songs).
This program is meant to support the artist(s) to cover the following costs:
Production & Mastering
Artist Fee & Associated Costs
Guidance/Onboarding of all involved/social media promotion through muti channels
Obviously if the studio rent is higher or no artwork would be needed etc., the amounts can be distributed differently, this serves only as a rough guide for orientation but can be adjusted to the needs then.
Half of the amount will be paid out in the beginning of the project to get it started and to pay the studio etc., the remaining half will be paid out after completion of the recording and the final mint of the NFT.
To apply for this opportunity, please comment this post and add
- links to your music/portfolio
- participating artists & nearnames
- studio space
- time line
- requested value & distribution
The council will then leave a comment and decide upon the infos given
UPDATE: Project on hold for the month of March. It will return after, new post TBA