--- ###### tags: `Metalabel Drop` --- # Metalabel Drop Pricing & Prep ### Concept Album - Physical albums limited to 100 - Priced at $150 - Need to sell 30 to recoop vinyl pressing costs - Additional profits are split 70/30 artist/pluriverse - Unsold albums are retained by Pluriverse to sell after the conference, split 70/30 - Digital albums are minted in an unlimited edition (time boxed?) - Priced at $50 - Potential profits - 100 physical sold at $150 = $15k - 100 digital sold at $50 = $5k - Goal = $20k - ~$5k for production, shipping - $4500 to Pluriverse - $10500 to artist ### Visual Art - 10 physical artworks were made: - Sold as 1/1 NFTs: - 3 large @ $3k = $9k total - 2 medium @ $1.5k = $3k total - 5 small @ $1k = $5k total - Total value: $17k - 1/1 NFTs are redeemed for the physical works, ~~framed and~~ shipped - Need to sell ??? to recoop shipping costs - Additional profits are split 70/30 artist/pluriverse - High-res digital prints are overseen by the artist, numbered and signed - Sold as editions of 4 (3 + an AP): - AP (artist proof) is sold for slightly more for rarity - 3 large @ $500 = $1.5k total - 2 medium @ $350 = $700 total - 5 small @ $250 = $1250 total - Total value: $3450 - NFTs are minted for each work: - 10 artworks, edition of 10 each: 100 NFTs total - $100 per mint regardless of size - Potential profits - All physical artworks sell = $20,450 - All digital artworks sell = $10k - Goal = ~$30k - ~$5k for production, shipping - $4500 to Pluriverse - $10500 to artist