Grand is a platform that allows for creators to monetize and raise money for their work by allowing them to create NFTs that they can sell to their fans. In return the fans who buy these NFTs will receive a portion of the creators earnings every month
@new_user_27a2dc6e8a Thanks for the response. The main difference is that we are doing it through NFTs. Basically fans buy the NFT of a creator and they get a monthly "dividend" representing a percentage of the creators monthly revenues
I've been very interested in this space and more broadly, new economics models that align fans/customers with creators/brands.
How does revenue sharing work and is this limited to accredited investors, @avi_konduru?
@rrhoover Yeah, it's meant to be for anyone since we are doing an NFT token sale and so, not it’s just accredited investors (to err on the side of caution, we are also working on Reg A/D approvals as needed). We are doing this by collaborating with Creators and estimating their future earnings from a specific creation OR earnings during n years (n<5). Then, we fractionalize these earnings and sell the fractional tokens to the fans/followers of these creators. Once, earnings start coming in, we distribute the commensurate fractional piece to these token holders. For anyone who wants to know more about how it works I’d be happy to hop on a call to discuss more.
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