Tuesday, February 14, 2012

Believers

Individuals absorbed in acknowledging Sellaband artists do so by affairs "parts" in them. Believers can acquirement any amount of "parts" in a individual artisan or "parts" in assorted artists.

Until all locations are sold, the money calm from Believers in barter for artisan "parts" is captivated in an escrow annual managed by a third affair (Dieter Roesing, Rechtsanwälte und Notare, Bocholt), adapted beneath German Law,13 and cannot be accessed by Sellaband or the artist. Any absorption accrued during this aeon is kept by Sellaband.14 During this time Believers may advertise aback any amount of "parts" they accept in an artist, which are re-deposited into the Believer's Sellaband account, and buy locations in added artists. No money deposited in Sellaband can be refunded to a Believer, but alone acclimated to buy locations in addition artist, although any revenues acquired on the belvedere can be paid out to a Paypal annual aloft request. Once the ambition is raised, the Believers' funds are committed to the artisan and the Escrow Agent transfers the funds to Sellaband for the recording project.

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