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# System prepended metadata

title: Alchemist Framework for Artist Incubation

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# Alchemist Framework for Artist Incubation

### Overview
1. Make contact and establish rapport/fit
2. Collaborate on an internal project to get them builder status
3. Artist gets Artist in Residence status within Alchemist while working on 1 of 1 NFT showcase of 32 NFTs in ROOM 33. Exhibition will last 1 month. 
4. Opening night collection. For the initial sale of 1 of 1s the artist will receive 50% of the revenue and Alchemist will get the other 50% (the community gets 25%, the incubator 15%, the artist incubation as a service product team gets 10%). Recurring sales (secondary market) will go 100% to artist. 
5. The artist will get continued opportunities to work with Alchemist on new projects

### Costs:
- Buy Floor #33 NFT redeemable for ROOM #33 when it gets built out (Summer 2022).
- Marketing for artists + community involvement
- Building good rapport w/ the MOCA community to curate the NFTs by our artist and give them more spotlight
- Working through all the logistics and project managing. Helping artist deploy contracts for ERC721 + covering costs. Guiding artists through the whole process

### Additional benefits:
- MOCA builders, collectors, and artists are very reputable figures in this space. Getting closer to them would be great for Alchemist and our artists and would present a lot of synergies.
- Here’s a link to their permanent collection which they own: https://app.museumofcryptoart.com/collection/the-permanent-collection
- ROOM #33 could also be curated by Alchemist community while we are not incubating artists and leveraged in other interesting ways.

### More info:
- https://museumofcrypto.notion.site/M-C-ROOMs-7e5ff2af1d884f0c95e48a9c091152b3
- https://app.museumofcryptoart.com/floor-auction
- MOCA permanent collection: https://app.museumofcryptoart.com/collection/the-permanent-collection


