Dealers Alliance NADA is launching its art-ярмарку
Fair like the name of the FAIR (which in translation into Russian means "fair" and "honest, fair") held from 20 may to 21 Jun 2020 online platform Artlogic
From all these initiatives, new art-ярмарка will primarily differ in the distribution of funds received from the sale of items on display in the stands (or in a virtual screening rooms) galleries-участниц. The profit distribution is organized in such a way as to provide a certain level of income to each of its members, even if they did failed to sell. A percentage of every sale made at the fair will be directed to special funds, funds which will be transferred to all participating galleries and artists. In addition, a percentage of each sale will go to support the Alliance's NADA.
Thus, according to the published financial model fair, 50 % of the profits from each sale will get directly to the gallery (and divide the money in half with the artist), 20% will go to support the galleries, 20 % — to support the artists, and 10% will receive an Alliance of art-дилеров (NADA). After summarizing the results of the fair funds both funds will be equally divided between all participants of the fair.
it is Planned that the fair will run for quite a long time, 4 weeks, but each of the galleries-участниц will only get a week to showcase and sell their artwork, one from each of the participating galleries. A selection of works on the platform of the fair will change every Wednesday, but during their assigned week, the gallery can also change the composition of the works on his stand. The fair will take part in the gallery-члены of the Alliance, but also specially invited galleries from around the world. Russian art-рынок will be presented by the gallery Fragment, previously participated in the "physical version" NADA in December 2019.
Source: newartdealers.org
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