Record Label on Hive: Biz Transparency Update

Floob Records started it's journey on Hive one month ago and despite a few of my errors, we're off to a good start!

1

my newbie mistake... today I noticed that none of the previous posts were distributing to Floob Records artists as beneficiaries! I'm not sure what happened because I was sure I set it but apparently I did something wrong. hmmmm. so this post is also a test to make sure it is working properly.

In order to remedy the situation, I sent Hive manually.

2

Mike is taking time away from music (it's warm out! time for camping and motorbiking!). So I will be running the ship on my own for now.

3

Floob Records officially has a new artist! @Orkhammer has submitted his first single to Distrokid and I will soon be updating the website and posting about it as soon as it hits the mainstream streams.

4

we got another two artists to join hive! @jimagine59 (Spoke Pants of the Flowering Skillet) and @atomiclily (Spoke Pants and Nora and Gnoll)! I am very excited that they will now be benefiting from this Hive record label experiment!

5

I have decided to change the beneficiary plan. For starters, i removed myself. It didn't make sense, especially since I'm delegating 1000HP to help get this project off the ground. The next thing I did was give an even 6% split to all label artists that have signed up to Hive. This will have to change as more artist sign up, but for now this seemed most fair.

So 70% of each post reward goes to build the Floobrecords Hivepower and 30% is divided for the artists to do whatever with. I'm always totally open to suggestions and I plan, as the account grows, to give the artists more and more of that percentage cause the point is to ultimately build a stream of income for all the artists so we can all do more art and music!!!

6

I have also updated the following trail so that this account automatically 100% upvotes posts by Floob Record artists AND all hive artists who've collaborated with us!

Whew! Now that this boring biz stuff is done I can get back to MUSIC! What's it all about!!
questions comments suggestions are always welcome <3

Floob Records is using Hive as an alternate way to pay all the artists in our collective. Your upvotes are also supporting the musicians as beneficiaries :D

We also upvote all Floob Record's musician's posts AND the posts of musicians on Hive who've collaborated with any of our artists. :))))))

Thank you for your support!