BETA TESTING IS OPEN TO MURALISTS
If you would like to help us beta test the PixelStix Blockchain Mural Fund, read the instructions below for setting up a Nano wallet. Once completed, reach out to us on Instragram (@pixelstixapp) so we can add your wallet’s public key into the fund. Things to keep in mind:
- To participate, you must already have PixelStix plaques on your murals
- Payouts will be small and irregular while we beta test bringing the fund online
- We will need an email address for communication/feedback during testing
- To Receive Nano funds from PixelStix you will need to send us your public key
WHY NANO?
Nano is a decentralized and eco-friendly cryptocurrency that is immediate and incurs zero transaction fees. You can learn more about Nano at nano.org.
SETTING UP A NANO WALLET
Although Nano wallets can be setup in a variety of ways, we like the Natrium app. It’s widely used and has the basic features you’ll need. Please note that we will be able to send funds to any Nano wallet. Also note that the PixelStix app may serve as your wallet in the future. Below are links to download Natrium for iOS and Android as well as a brief video by Nano Basics.
BLOCKCHAIN MURAL FUND FAQ
There is no costs to muralists to be apart of the Blockchain Mural Fund and to receive Nano monthly.
Our Smart Plaques are used to understand how much to pay muralists when funds are dispersed and we do charge for the plaques. If a mural was done for a mural festival, the plaque is typically paid for by the organization that curates/hosts the festival.
And of course, based on each local government muralists *may* be required to report any income (including cryptocurrency).
During the beta testing of the Blockchain Mural Fund, monthly payments to artists come from a donation by PixelStix.
Once the fund is ready for primetime the funds will come from a nationwide cryto philanthropic effort that is yet to be announced.
The short answer is that we have no idea. The amount each artist receives will be based on:
- How much money is donated to the fund for a given month.
- The amount of activity/foot-traffic brought to a particular artists’ murals for the month.
Cryptocurrency is an ideal way to financially support the mural arts movement.
For example, crypto does not require a bank account in any particular nation. It’s as inherently global as the internet itself. Our long-term goal is to establish the Blockchain Mural Fund in mural arts communities around the planet. Using cryptocurrency now is a way for us to prepare for that future expansion.
Unlike traditional cryptocurrency, Nano uses a democratized consensus mechanism called Open Representative Voting. This ensures that validation of transactions is accurate, decentralized, fast, and environmentally friendly.
You can learn more about Nano’s energy consumption and sustainability here.