Alignment of Interests
Last updated
Last updated
Interests of artists, gallerists, collectors and supporters are aligned by enabling artists to build up their own economic participation scheme based on unique, self-managed so-called artist tokens. Artist tokens provide an opportunity for fractional participation in the economic success of an artist. Consequently, artist tokens are an efficient instrument to align the economic interests of an artist with the respective token holders. Artists have full control over the initial token distribution, as they know best whose interests need alignment to support their long term economic success. This means artists decide on the scope and shape of economic participation they want to give to collectors, their dealers, their gallerists and others.
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Consequently, artists are easily able to incorporate existing royalties sharing agreements they might have with their dealers through the initial artist token distribution. Traditional revenue sharing agreements between artists and dealers are not influenced by the ALLOVR incentive model and can be maintained as agreed.