9. Economic Model

9.1 Token Distribution

Genesis Supply: 1,000,000,000 UNT

Allocation	Amount	%	Vesting
Foundation Treasury	200,000,000	20%	4-year linear
Team & Advisors	150,000,000	15%	4-year, 1-year cliff
Seed Investors	100,000,000	10%	2-year linear
Validator Incentives	150,000,000	15%	10-year distribution
Artist Grants	100,000,000	10%	As earned
Commission Fund	100,000,000	10%	Locked, governance release
Community Treasury	200,000,000	20%	DAO controlled

9.2 License Fee Economics

Base Pricing (adjustable by governance)

Venue Type	Base Fee	Daily Rate
Museum	€800	€50
Gallery	€600	€40
University	€400	€25
Commercial	€500	€35
Community	€200	€15
Private	€300	€20

Geographic Multipliers

Zone	Multiplier	Example Countries
Tier 1	1.5x	US, UK, Japan, Germany
Tier 2	1.0x	Italy, Spain, Poland
Tier 3	0.7x	Mexico, Brazil, Thailand
Tier 4	0.4x	Nigeria, India, Vietnam
Tier 5	0.2x	Low-income economies

9.3 Revenue Projections

Conservative Scenario

Year	Exhibitions	Avg Licenses	Avg Fee	Revenue
1	50	4	€800	€160,000
2	150	5	€1,000	€750,000
3	400	5	€1,200	€2,400,000
4	800	6	€1,400	€6,720,000
5	1,200	8	€1,600	€15,360,000

Distribution at Year 5

Recipient	Share	Amount
Artists	40%	€6,144,000
Curators	20%	€3,072,000
Operations	30%	€4,608,000
Commission Fund	10%	€1,536,000

9.4 Artist Economics

Year 5 Network State (Conservative)

• 500 artists in network

• 1,200 exhibitions

• 10,000 licenses/year

• €6.1M distributed to artists

Distribution Characteristics

• Top 10%: €30,000+ annual

• Median: €8,000-12,000 annual

• Bottom 25%: €2,000-5,000 annual

This represents supplemental income enabling artistic practice, not replacement income.

9.5 Path to Sustainability

Month 6:  First licenses, ~€15,000 cumulative
Month 12: 200 licenses, ~€160,000 cumulative
Month 18: Operations self-sustaining (30% covers costs)
Month 24: Commission fund generating new exhibitions
Month 36: €1M+ annual to artists

Breakeven Analysis

• Monthly operating costs (Year 1): ~€25,000

• Required monthly revenue: €83,000 (30% to ops)

• Required licenses/month: ~70 at €1,200 average

• Target achievement: Month 15-18

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