BitTorrent’s mission is to provide an outlet for artists to release their work on their own terms. Back in 2014, to support this artist-friendly approach, the peer-to-peer behemoth introduced an updated “pay-gate” bundle which allowed artists to set a price of their for users to pay to access their content on the website. BitTorrent Now was also launched earlier in 2016, allowing artist-friendly ad revenue streaming where proceeds were split 70/30 on the artist’s side.
In December, the company surveyed its independent artist community “to weigh in on the present and future of creative sustainability,” according to a recent blog post. The results led to the launch of The Discovery Fund, with a goal of bettering direct-to-fan distribution as a method of “significant digital-driven change” by way of grants given to independent artists and musicians who BitTorrent sees as creating particularly impactful work.
With a goal of incubating “the world’s next wave of awesome, straight-up brave storytellers and outside voices,” anyone is encouraged to apply for The Discovery Fund, which will donate $2,500-$100,000 to qualifying applicants to use at their discretion for marketing and other related areas of distribution. They’re offering a rolling application process with a goal of partnering with 25 artists over the next year.
Artists can apply here.