Damus
inpc profile picture
inpc
@inpc
Just thinking about numbers...

So the biggest magic internet money conference is underway, attracting some big names from the world's of politics, finance and business plus tens of thousands of everyday people... A V4V music event takes place as part of it.

A band performance brings in 450,000 sats, approx $370 in zaps. I don't know if musicians are on splits for the door/bar income or getting a fixed fee from the promoter for their labour but I sincerely hope so as $370 split between a band isn't great.

I really dig the idea of V4V and I sincerely want these type of events to work for all concerned, be that headline artist, promoter, sound/lighting techs, bar staff, everyone involved. Now you could say 'we're so early' but not so early not to have the president of the USA and the head of the FBI speak at these events. It's a long way from Andreas Antonopoulos speaking to an empty hall.

Respect to all those trying to make a change for the industry, it is pretty corrupted in all kinds of ways but if I were a musician, travelling all the way to Las Vegas, playing to a packed hall, and I got $95 I'd be pretty disappointed and probably unable to pay the bills when I got home.

Hopefully there's more to this arrangement and that 450,000 SATs is a bonus on top of a fair fee...

Putting on music events is expensive and hard work, by the time you account for travel arrangements, acomodation, promotion, taxes, management fees etc. etc. what seems like a big headline number dwindles into not much for the players on stage.

I don't know the runnings of the gig, if it was ticketed or if the musicians also got a fee but on those numbers I really hope so.

Big up all involved. I hope it covered your time appropriately.
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inpc · 2d
To add on... Now seeing some videos and clearly folks aren't playing to a packed hall, so apologies for that. Much love and respect to all trying to make a difference but still want to give those working outside of music some context to the numbers involved. Hope everyone can pay their bills this m...
Christian Leuenberg · 2d
I have no personal connections within the scene, nor am I involved in concerts or live events in any way. So I can only offer an outside perspective, as a recording artist in the Valueverse, so to speak. But in my view, simply being a V4V artist is far from guaranteeing any income. It's music so it'...
THE HIGHER LOW · 2d
A peak into the future
ChadF and 33 others · 2d
Yeah I don't think it works well in this scenario but I like what nostr:npub1ztzpz9xepmxsry7jqdhjc32dh5wtktpnn9kjq5eupdwdq06gdn6s0d7zxv has been doing with adding V4V to small local shows. As really like what nostr:npub18gp8p84hjmjh9zejdlyqqcg22sj6x3qra0q2ng4v6cxxg95sav8q0mcg5e has been doing with...
Kyma Fi · 2d
My old 300 cap venue paid way more than that in a weekly basis to local bands. That’s robbery if true. I wonder how much fucking Patel got paid to gaslight everyone on a screen?
Aaron of Essex · 2d
Our shows tend to give Split of the door, zaps boosts received live, potential additional revenue from the live ep release into the valueverse. Many ways to skin a cat. And an often overlooked thing is when you earn in bitcoin. You earn forever.
Rod · 2d
I want to see if we can be selling merch albums and tix on the gig livestreams on nostr:npub1sh0spghk4yvy2d2v35kelw45qq4msk6zykaw4ds047e9slzs8r4qr7q2xa