FAQ
"Through blockchain many become one."
1. Get a Scarab Token and become a member by registering here.
2. If you bought your Scarab Token manually then Link your account here.
3. Hold the Scarab Token in your account or wallet to submit artwork or vote on artwork.
4. Support Scarab by telling others about this great opportunity.
2. If you bought your Scarab Token manually then Link your account here.
3. Hold the Scarab Token in your account or wallet to submit artwork or vote on artwork.
4. Support Scarab by telling others about this great opportunity.
The World's first cryptocurrency backed artist collective that's working to create the enigma known as the artist SCARAB. Scarab is a persona that's a decentralized, community run artist. What this means is that SCARAB is an artist like Picasso, Warhol, or Davinci but who's works are created by the efforts of a group of other artists which is then curated by the community members. In order for the process to work members must hold a Scarab Token so that they can submit or vote. While SCARAB may be an imagined and digital entity its works are quite real and authentic.
Our unified goal is to create an artist named SCARAB and promote it throughout the world. By collaborating our efforts in a single cause, all of our members, which is anyone that holds a Scarab Token, can benefit from SCARAB's fame and success.
A Blockchain is a distributed public ledger that's decentralized and contains all transactions that have ever been executed. It is constantly growing as 'completed' blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order. All of The Scarab Experiment's transactions are recorded in the Bitcoin blockchain and available for public review at anytime, creating a transparent and secure system that doesn't need to depend on trust of any individual or organization.
Scarab creates a work of art when a community member submits an artwork and over 50% of the voting community deems it acceptable as an official Scarab piece. Once a piece of art is accepted it is then put through SCARAB's imaging method technology in order to ensure continuity of style. No artist will be given credit for their work in order to maintain SCARAB's anonymity but a reward is given to each artist. Official Scarab artwork are issued a SCARABART Token which are used for its authentication as well as each work's attribution is locked within the blockchain to assure its uniqueness. Scarab will only create 50 works of art before retiring.
Scarab artwork offers an intrinsic value because no one knows who really created the artwork, each work could have been made by "Joe" down the street or an artist that's already famous. By not knowing who created the work all of Scarab's work can be seen as both extremely valuable and worthless at the same time. This creates an intriguing play on what we value as art and why. Does the identity of the artwork's creator effect the way in which the art is received?
Every artwork that's accepted as an official Scarab work will be purchased by The Scarab Community for 1,000 Scarab Tokens from the 50,000 token reserve, that's 1% of the total supply per artwork. Also, the artist will directly receive 10% of the sale when the original artwork is sold as well as 5% of every print or edition sold. (Note this is for the artwork that goes through the imaging method technology and not for the artwork submitted, which remains property of the artist.)
No! The artist retains all rights but also grants The Scarab Experiment and community the right to use the image in its imaging process to create a new work of art. No rights are given for the new work of art other than the percentages stated above. The original image submitted, as well as the generated art, may be used for promotions, shows, prints etc. The imaged artwork becomes property of The Scarab Experiment.
Scarab Tokens are assets created through CounterParty that act as a means for a transparent membership into the community of Scarab. Being in the community you become a part of Scarab. Scarab is split into only 100,000 whole tokens (They can't be divided) making each token .001% of all Scarab Tokens and limiting the total membership allowed to 100,000 individuals. In reality there will be less than 100,000 members because individuals can hold as many Tokens as they like. By holding a Scarab Token the system is able to verify your membership and allow you to submit artwork for inclusion in the experiment. All value collected through the sale of Scarab Tokens is used to support the project and boost community participation in various ways.
Anyone, artists submit artwork and representatives help with support.
For Artists, becoming a part of Scarab can offer an opportunity to have your work be part of something historical, a first of its kind Artist. Scarab is an Artist as persona formed through community which removes the individual identity and creates a type of artist that can no longer be seen as a singular being.
For Individuals, Collectors and Supporters becoming part of Scarab can offer a chance to be a part of something new and valuable. You will support artists and the arts in a wholly knew process that could eventually revolutionize how we see artists.
For Individuals, Collectors and Supporters becoming part of Scarab can offer a chance to be a part of something new and valuable. You will support artists and the arts in a wholly knew process that could eventually revolutionize how we see artists.
You become Scarab by participating in the community through making artwork for submission and/or by voting. To be able to participate and become a part of the community you'll need to hold at least one Scarab Token
Just become a member here or acquire Scarab Tokens by going to CounterWallet.io and opening an order on the exchange within the wallet. Make sure to spell SCARAB correctly when submitting a buy or sell order.
Steps to open your own counterwallet and import your Scarab Tokens that you can hold, trade, or sell:
1. Open a secure wallet by going to https://wallet.counterwallet.io/
2. Click create new wallet, then follow instructions.
1. Open a secure wallet by going to https://wallet.counterwallet.io/
2. Click create new wallet, then follow instructions.
Yes! After our initial crowdsale ends on June 16th, 2017, if at any time, you'd like to sell or buy Scarab Tokens, you can do so on the Exchange, Counterparty DEX, which is conveniently accessible within your CounterWallet.
Scarab is completely transparent, including all of its transactions, issuances and asset holders which you can find on the blockchain here.
Ask about it at our subreddit here or our Announcement page here.
Still can't find an answer? Send an email to: [email protected]
Still can't find an answer? Send an email to: [email protected]