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How can you get involved? The share scheme.
Well Rome wasn't built in one day and it certainly wasn't built by one person. To get this dream off the ground we need you! Of course to get these projects going and to see it through to completion takes time, money and commitment from individuals. A team of 5 collaborators, will hold the responsibility to take this from a dream into a reality. Using a combination of donations and self funding. The project is planned to be a 5 year process of development.
We are still currently looking for 4 more individuals to be apart of the creator collaboration team. Sadly to get things like this happening we need financial support. So if you get involved. This dream, is your dream, your home and your life.
The only way I can see this working is if we each pull our finances, our time and sweat together. Because we are stronger and have more resources together, than apart.
I propose, that each of the creator collaborator team, for the first year of the build each invest £1500 and each year after invests £1000 for the remaining 4 years of the build. This translates to you having a 20% stake share and ownership of the project.
Including some fundraising donations for the solar energy system, this brings the budget for the 5 year build process, to a total of £30,000 over the course of 5 year.
As apart of the sweat economy, under contract each creator collaborator must spend a minimum of 25% - 30% of their time throughout each year on site. This is to help with the building and renovation of the land.
25% = 92 days = 3 months
30% = 110 days = 3.5 months
Each year, as the building process edges on and takes shape. The value of the property and project will increase with a 20% gain. This 20% gain will only take place within the construction process and will drop to a steadier, flatter rate, once construction is completed.
Each year throughout the construction process, up until completion, there will be a point of revision. This is to give the opportunity, for each creator collaborator to revise their position in the project and as a part of the team. To either sell your share to a new creator collaborator (which you will have the responsibility in finding) or to current creator collaborators. Or to buy others share by percentage.
The projects funds will be kept in a third parties secure bank account. Each year's worth of financial contribution can be added as either monthly or quarterly installments. This is to ensure that this money is kept as safe as possible, until eventually Art'space has it's own bank account and the installments are to ensure that each creator collaborator does indeed contribute evenly and fairly to the project. Of course if an instalment cannot be made on time, this can be discussed and rearranged.
If this project does indeed appeal to you, then still please do take this away and give your commitment, financially and in time to this project, some serious thought.
Take note. This is not something to jump into lightly. It will be a lot of sweat, blood and tears. We will love and hate each other, see the good the bad and the ugly I'm sure. But this can be your home, your resting place and your work. This can be your life.
If this is truly something that you want to be apart of then please sign your name below on the dotted line.
Warning: this is a legally binding document and can only be reversed within 14 days after signing.