All ADA received from the initial mint and all secondary sales of the Blak Hats Passes is allocated as shown below, the Label Treasury amount is locked at 50% and will never be less than that.
Blak Hats Pass Allocation
Artist Release Budget
Below is an example of how a budget could be allocated for a release. The allocation % will change depending on the artist's needs.
Artist Release Budget Allocation
Artist Royalties
We believe in a fair payment system, so Blak Hats released artists receive 50% of all income received by the label, there are no costs to recoup.
