User:Roelroscama/creativeIndustries/Lotteries
Different lottery schemes
Artworkers4Artworkers
All participants pay a monthly fee to the program. Once a month a large grant awarded composed of all the inputs is awarded to one of the participants at random. The result of this is a redistrubuition of wealth, allowing everyone to chip in little for one to gain big.
Economically speaking I suspect overtime winnings and losses equal out overtime, however it enables people to invest large amounts they couldn't invest otherwise. I wrote a script that simulates a scenario like this see here. It hints a bit towards the model of cooperative banking and microfinance, but is still a lottery.
However when reframed as a charity and counting on altruism instead of a lottery where economic gain is the main goal a model like this could work and would be perceived as fair-ish.
Syndication networks for artists
Crowdbetting app scheme -> everyone partakes in the various lotteries for a monthly fee -> the web enables people from different countries (and different lotteries) to take part -> the enhanced winning chance is a motiviation to join -> winning tickets are divided amongst the network providing for an income. see contextzualizing works
or
art-socialism
splitting the revenues of works of people in the network -> if someone makes a sale, everyone gets paid a slice. guaranteeing everyone a stable income in the lottery art-market
Salespitch as medium
Contextualizng works
| Artists' Lottery Syndicate by | Ellie Harrison
"The Artists' Lottery Syndicate was devised by artist Ellie Harrison in 2010 as a reaction to the recession and its knock-on effect on arts funding. It aimed to be 'a speculative new scheme for acquiring funds for artists'. By utilising the element of 'luck', which plays such a central role in an artist's career, the Syndicate aimed to explore the prevalent 'winner-takes-all' market of the arts, described by Hans Abbing in his book Why Are Artists Poor?"
- Some notes: The Artist Lottery Syndicate, as the name implies is a syndicate. So it's a pool of people that group together tickets for existing lotteries (such as the UK Lotto, EuroMillions etc).
- Hans Abbing
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