The Creator launches a funding campaign for an already made work where the Target Amount is set at 40% of
the work’s price. For example, if the price of a work is $10,000, the Target Amount is set at $4,000.
Anyone can pledge as much or as little as they like starting from $10. If the Target Amount is met before
the campaign’s closing date, the Creator transfers 70% of the ownership in the work to all Co-Producers in
exchange for all the pledges.
In addition to the amount raised through crowdfunding, the Creator receives 30% of the net sale price, once
the funded work is sold. In turn, Co-Producers receive 70% of the net sale price, split pro-rata as against
the proportion that each Co-Producer has pledged.
Please note that unframe reserves the right to change the retail price if required.
unframe regularly hosts exhibitions in London and New York and invites collectors, patrons, and artists
to join its shows.
How can a Creator use the funds?
With their pledge, Co-Producers support the creative practice of emerging artists and designers. The Creator
can use the funds to create new work.
unframe applies a 10% (plus VAT) fee to the Target Amount, if it has been successfully reached. Co-Producers:
unframe applies a 10% (plus VAT) fee to the sale price.
Note: additional transaction fees are applied by payments processors.
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Please be aware that becoming a Co-Producer on unframe involves certain risks:
Part-ownership in the Work is offered from the Creator and is not underwritten, verified or endorsed by
The reward is conditional on the sale of the Work. unframe does not guarantee any rewards and is not
liable for any loss on the amount committed to a campaign. Co-Producers may lose all or part of their
unframe does not guarantee any sales. The Works may fail to be sold or may be sold at a different
retail price than stated on the campaign's page.
unframe shall not be held responsible for transactions, agreements and/or disputes between Co-Producers
and Creators in connection with the delivery and subsequent sale of the Work.
Changes to retail price
unframe shall have sole and absolute discretion in reviewing and modifying the retail price, if
required. unframe will not compensate for any loss as a result of a change in price.
unframe does not guarantee a timeframe for sale of the Work. Once the Target Amount has been reached,
the Work may be sold immediately or after a long period of time.