The Creator launches a funding campaign for an already made work where the Target Amount is set at 40% of
the work’s price. For example, if the price of a work is $10,000, the Target Amount is set at $4,000.
Anyone can pledge as much or as little as they like starting from $10. If the Target Amount is met before
the campaign’s closing date, the Creator transfers 70% of the ownership in the work to all Co-Producers in
exchange for all the pledges.
In addition to the amount raised through crowdfunding, the Creator receives 30% of the net sale price, once
the funded work is sold. In turn, Co-Producers receive 70% of the net sale price, split pro-rata as against
the proportion that each Co-Producer has pledged.
Please note that art:i:curate reserves the right to change the retail price if required.
art:i:curate regularly hosts exhibitions in London and New York and invites collectors, patrons, and artists
to join its shows.
How can a Creator use the funds?
With their pledge, Co-Producers support the creative practice of emerging artists and designers. The Creator
can use the funds to create new work.
art:i:curate applies a 10% (plus VAT) fee to the Target Amount, if it has been successfully reached. Co-Producers:
art:i:curate applies a 10% (plus VAT) fee to the sale price.
Note: additional transaction fees are applied by payments processors.
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Please be aware that becoming a Co-Producer on art:i:curate involves certain risks:
Part-ownership in the Work is offered from the Creator and is not underwritten, verified or endorsed by
The reward is conditional on the sale of the Work. art:i:curate does not guarantee any rewards and is not
liable for any loss on the amount committed to a campaign. Co-Producers may lose all or part of their
art:i:curate does not guarantee any sales. The Works may fail to be sold or may be sold at a different
retail price than stated on the campaign's page.
art:i:curate shall not be held responsible for transactions, agreements and/or disputes between Co-Producers
and Creators in connection with the delivery and subsequent sale of the Work.
Changes to retail price
art:i:curate shall have sole and absolute discretion in reviewing and modifying the retail price, if
required. art:i:curate will not compensate for any loss as a result of a change in price.
art:i:curate does not guarantee a timeframe for sale of the Work. Once the Target Amount has been reached,
the Work may be sold immediately or after a long period of time.