What is Nostr?
lee :Fire_Trans: /
npub1m5g…4n7m
2024-08-10 19:56:14
in reply to nevent1q…csa0

lee :Fire_Trans: on Nostr: Q: How is pricing determined? Are the artists paid? A: This is *very* tentative at ...

Q: How is pricing determined? Are the artists paid?

A: This is *very* tentative at current, but here’s my thoughts:

For an original work, artists set the following:
(1) Inventory: number of pieces of the work
(2) Base price: starting price of the work
(3) Commission: % of the base price they would like to take home (less than some TBD cap - 50%?)
(4) Shipping: shipping fees grouped by regional categories (yes I will lay this out clearer)

Artists will therefore at a minimum take home (Base price * Commission + Shipping) * Sold Inventory. This gives them the ability to ensure they are paid what they consider adequate for charity work.

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For any item in the exhibit, a buyer may choose to pay beyond base price. **Decision point**: I am uncertain whether this should be considered a flat donation to TR on top, or whether the artist’s commission should apply to this too (more thoughts on this in responses). Prospective artists please give me your thoughts!!

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