❤️Artist Trade Agreement

The Artist Trade Agreement is a foundational document for the Artist Xchange platform. It outlines the terms and conditions for participating artists and ensures fair and equitable treatment for all.

The Artist Xchange believes in fair and transparent token distribution for all artists. To this end, we have implemented an Artist Coin Distribution Model that ensures that the artists receive a significant portion of the token supply. The model stipulates that the artist shall receive 56.8508% of the total token supply for their artist coin over the course of this Agreement, subject to the terms and conditions set forth herein. The distribution of the Artist's tokens shall be made on a monthly basis, with 7.10635% of the total token supply being allocated to the Artist each month, provided that this Agreement is still in effect and the Artist is in compliance with all of their obligations hereunder.

The Artist can sell up to 7% of their tokens each month, as long as they are in compliance with section 2(a), for one of the following eight categories: recording expenses, music video production expenses, travel expenses, publicity expenses, merchandise expenses, royalties and licensing fees, business expenses, and donation category. This ensures that the artist has access to the funds needed to produce and promote their work while maintaining a fair distribution of tokens.

The remaining token supply shall be split between Uniswap, a decentralized exchange market, which will receive 27.0022%, and an airdrop of 16.147% of the token supply to buyers of the Artist's NFT drop associated with the release of their artist coin.

To ensure the continued success and growth of the platform, we have implemented an Artist Trade Agreement (ATA) that all participating artists sign. The ATA is a legal agreement that outlines the terms and conditions of the artist's participation on the platform. It is designed to protect the interests of the artists, the fans and the platform.

The ATA outlines the artist's obligations to the platform, which includes creating and uploading original content, ensuring that the content does not infringe on any third-party rights, and providing accurate and complete information about their identity and payment details. The ATA also sets out the platform's obligations to the artist, which include providing access to the platform's services and tools, promoting the artist's content, and ensuring that the artist receives payment for their work in a timely and accurate manner.

The ATA covers important issues such as intellectual property rights, confidentiality, and indemnification. As well as, issues related to fees and payment, including the platform's fee structure, transaction fees, and payment terms for the artist. Overall, the Artist Trade Agreement is a necessary component of the platform that provides a level of safety and security for both artists and fans. By signing the agreement, artists agree to abide by its terms and use the platform in accordance with its policies and guidelines.

Join us in supporting artists and the power of creative expression. Get involved by visiting our website and connect your wallet to join the movement. Thank you for your support and contribution to the Artist Xchange.