WomenInArt

Project Description:

We create artist pages on ideatrek.io where the artist can list and sell their art. We will collect the payments. And coordinate with them to ship their art to the buyers.

We keep 10% or 12.5% of the transaction and payout monthly or fortnightly.

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Capital contribution of each founder:

The founders agree to split all costs equally with AR/Cash as required for the development and maintenance of the platform and protection of company resources from the time of this agreement.  No founder is required to make an initial capital contribution.

 

Percentage of shares to be held by each founder: 

The founders agree to an equal split of any shares, units, or other methods of ownership assignment.

 

Remuneration of Founders:

The founders agree to no remuneration until after a series A round of funding, acquisition, or until this agreement is replaced via incorporation.



 

Role of each founder: 

Ideatrek will be responsible for all institutional backend, operational, and reporting responsibilities

Lorraine villaroel // Shaddock Circle, Santa Rosa Heights, Arima, 301310, Trinidad and Tobago // Getting the artists together, community mangement, and sales

Roger B Hunt III // 238 Causeway St. Medfiedl MA 02052 // Roger is working the website and stuff!

Whether the founders are restricted from competing with the business of the company after they exit: 

The founders may work on other businesses during the life of the company until otherwise required by future agreements.  However, the founders are not allowed to share company secrets, technology, or intellectual property with other ventures unless permitted by the other founders in writing.

 

How the company’s confidential information and intellectual property will be protected:

No founder shall share, sell or otherwise disseminate any information regarding company  business with any outside party for the life of the company until a future agreement is reached.

Revenues

Progress Reports

Tue Sep 13 2022 // Bryan Margaca is now EPE. // undefined // $undefined

Tue Jul 05 2022 // // // $0

Tue Jul 05 2022 // As of end June design and therefor technical progress was slow.

WIAOTT to start pilot at beginning of July, so design/technical tasks need to be finalised.

Lorraine aiming to launch to Beta in August. // // $

Wed Jun 15 2022 // Lorraine has confirmed with John that he will complete front end dev by end June.

Roger needs to check with John re. any backend work that must be done.

Aim to use July as beta testing, and full launch thereafter.

30 June is WIATT AGM/Exco meeting, and they need to give a progress update there, // // $

Tue May 24 2022 // Currently focused on tech and design.
Alex and Lorraine to collaborate on Pitch Deck/Intro Deck
Roger and Lorraine to discuss domain etc
Alex has set up a project overview on Monday.com to manage the project. // // $

Tue May 17 2022 // New Name: Women in Art Global

Hexpals mint - Roger to teach WIA artists to create metamask, mint nets etc.


Next steps: reach out to other artists globally, once the site is live (Lorraine)

Drive adoption via other art groups

Lorraine to connect with John re. Design

Roger to get more feedback on features from artists tonight.

Wix Spaces to increase engagement

Legal T&Cs - Roger to add basic versions.

KYC required for artists and buyer. Lorraine to write up a notification. Roger to work on this this week.

Confirm international money laundering info.
// // $

Tue May 10 2022 // 10 May
Next steps:
Lorraine to create a high level roadmap for project
Lorraine/Roger to find a designer to make the /wiott page as beautiful as the art and women on it.
Roger to continue with back end fulfilment work - NOTE: We'll need Legal T&Cs, Privacy Policy, Returns policy etc.
Alex has added the funding pool // // $0

Tue May 10 2022 // Women in Art page created on Ideatrek:
Ideatrek.io/wiaott

The funnel is built though to live payments. Design work still required.

NFT training session to be set up with our developers and digital designers in case the artists want to make a collection.

Initial onboarding session with artists has taken place.

Advisory session with Founder set up // // $0

Mon May 09 2022 // Alex Pryor is now EPE. // undefined // $undefined

Sun May 08 2022 // Alex Pryor is now EPE. // undefined // $undefined

Approved!
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