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An escrow payment system enabling Artists to send and receive payment for their artworks

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YOUR-ALT-TEXT

ARTPAY

An escrow payment system enabling Artists to receive payment for their artworks

INTRODUCTION

ARTPAY is a project that intends to solve three crtical problems:

  • Artists not getting paid for their art works
  • Artists not getting paid on time.
  • A trusted system of payment between the Artists and art buyer.
  • Ensuring Buyers recieve their artworks.

71% of UK Artists who took part in Exhibitions havent been paid in the last 3 years. This has lead to many artists earning below the minimum wage or changing professions. Current Escrow paltforms are centralised and provide the risk of funds being misplaced, stolen or withheld. Sadly, many Art houses have deliberately witheld Artists payments or inisted on paying them instalmentally.

PROJECT DIAGRAM

journey
	title Artpay User Flow
	section Escrow Smart Contract
		Buyer and Seller Lock a partial stake: 1: Buyer
		DAO notified: 2: Buyer
		Outline purchase conditions: 3: Buyer, Seller
		Messages sent for update: 5: Buyer, Seller
	section NFT
		Initial part payment made: 2: Buyer
		NFT minted and sent: 1: Buyer, Seller
	section Payment
		Buyer receives artwork: 5: Buyer
		Seller receives payment: 2: Seller
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https://www.canva.com/design/DAFyoun-7Wk/vDktKUCqmfyXzGZ2dtLHIg/view?utm_content=DAFyoun-7Wk&utm_campaign=designshare&utm_medium=link&utm_source=editor

USER INSTRUCTIONS

DEVELOPER/CONTRIBUTOR INSTRUCTIONS

HOW TO CONTRIBUTE

KNOWN ISSUES

DONATIONS

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An escrow payment system enabling Artists to send and receive payment for their artworks

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