BitTorrent is offering up to $100,000 in cash grants for artists and musicians
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.