This post was edited on Sept. 12, 2015
I've gone into how funds are distributed in a previous post. Now, an explanation to what happens if there is a breakout artist and what happens to tracks that receives more streams than others.
Tracks with more streams are generating a larger profit for everybody involved with Block Label. Hence, they deserve a larger reward. As stated on the front page, artists receive 85% of Block Label's total profits.
The artists share will be distributed like this:
- 70% to Block Label Tokens
- 10% to Level 2 Achievement Tokens
- 5% to Level 1 Achievement Tokens
What are Achievement Tokens?
When a track receives a certain amount of streams, “Achievement Tokens” are sent to the artist. These are sent once a month before payouts are made.
Artists will receive:
- Level 1 Token: For every one hundred thousand (100,000) streams/downloads the track had within the previous month. Max 5 tokens per track.
Level 2 Token: For every one million (1,000,000) streams/downloads the track had within the previous month.
What happens if there aren't any tracks that have enough streams/downloads for “Achievement Tokens”?
If nobody has “Level 2 Tokens”, that share (10%) will go to Level 1 Tokens: “Level 1 Tokens” will receive 15% of total profits.
If there aren't any tracks that have enough streams/downloads for “Level 1 Tokens”: Tracks with ten thousand (10,000) streams/downloads will receive “Level 1 Tokens” (15% of total profits)
If there aren't any tracks with ten thousand (10,000) streams/downloads: “Block Label Tokens” will receive the whole share (85% of total profits).