Why using blockchain technology ?

The main reason why we bothered using the blockchain technology instead of using classical euro transactions like most festivals is because we believe there is a failure in the way those mainstream circuits are paying the artist.

In most festivals, especially “for free” events, most of the revenue of a festival (apart from its subvention and sponsoring funds) is coming from the sale of drinks during the live events. However, in the chain of transactions, payments among partners and fees taken by various third part, the artist often ends up being the last (and less) paid.

Using the Blockchain is for us the opportunity to test how decentralized and transparent tools could shake this established system.

In the context of festivals, using the blockchain can permit:

– To formalize the agreements and contracts made between all the partners of the Festival (including suppliers, goods sellers, security providers, musicians, etc.) and make these transparent, fair for all, and unquestionable. To get those actors involved and interested in working together and pooling resources is both the condition and consequence of this approach.

– To give awareness to the festival-goers on the direction their money is taking once they have spent it. To question the way our cultural economical system is considering the artists work. At a time in which the traditional and monopolistic music industry has shown its limits, and for the 99% of artists who are not rich and famous, it is up to us to propose other solutions, be it for the live or recorded music sector.

– To quantify and value the impact of cultural events upon a city’s economy and to produce easily observable data. Privacy by design allowing their study in respect of user’s anonymity (in the occasion of SeaNaps for example, no personal information were needed to obtain, load and unload a bracelet).

– To get our hands on this new technology and to shape it according to grassroots needs and wishes. To preserve the decentralized and horizontal aspects which could make it a technological economical and political revolution, without waiting for high private instances to monopolize and monetize its design.