IHRB x Hult Hult International Business School
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Hult International Business School IHRB x Hult Pave a way to a collective mindset through art MAKE LIVE A LITTLE BIT BETTER. DAY BY DAY. TEAM 3
Ethereum blockchain = cryptocurrency Unique, not replaceable One-of-a-kind trading card Stores extra information "NON-FUNGIBLE TOKEN" Beeple, 2020 - Collection sold for 69 mil $ What is NFT?
This is a gif. Everyone can reshare it, but there is only one owner! "NON-FUNGIBLE TOKEN" What is NFT?
Ethereum blockchain = cryptocurrency Unique, not replaceable One-of-a-kind trading card Stores extra information "NON-FUNGIBLE TOKEN" Beeple, 2020 - Collection sold for 69 mil $ What is NFT?
Why NFT? 01 02 03 04 Market tripled in 2020 The number of The total value of buyers increased by Todays maket cap: User counts on NFT transactions 66% $25 bn trading websites increased from shot up to 500 000 $62,862,687 in 2019 Total trading volume: weekly user by to $250,846,205 in The number of $ 3 bn March 2021 2020 (299%) sellers increased by 24% Increase: 69%
TARGET AUDIENCE Perception-Changers Perception-Accepters 16-34 25-50 GenZ Boomers Millennials Millennials from rural background English-Speaking Semi English-Speaking On Social media Partially On Social media Instagram Instagram TikTok Facebook Reddit Reddit Open to a change Not ready for a change but for acceptance Future to come Closely associated with one/several Perception-Changers
NFT = "Now for them" Campaign Several artists collaborate with migrants 4-minute videos Drawing Question-round Collection of digital art Themes Journey View of their world Past, present and future perspectives Hopes and dreams
ROAD MAP 01 02 03 Artist x migrant Advertising to Advertising to worker collaboration buyers audience Create a dialogue between artists Limited Availability Posts on artists' social media and migrant workers with Thank you notes Story of the extended art 4-minute video plus 2 questions Create buzz on social media by Post Behind-the-Scenes Content of installing and then promoting Submissions are sent to artists Creation and Announcement on Artist’s QR murals in London Social Artists create art pieces based on Hashtag for the QR scavenger the info they have Creation of QR-Code Murals for a hunt Scavenger Hunt of QR-Codes Multi sensual input
WHO ARE OUR PEOPLE? 01 Artists Visibility, brand-power, story behind the art Valuable art pieces Examples: PAK, Mad Dog Jones, Eduardo Pena, ArtbyNafay, Beeple
MADDOGJONES BEEPLE MICAH_JOHNSON Artists PAK ARTBYNAFAY TREVORJONESART
WHO ARE OUR PEOPLE? 01 02 03 Artists Migrant workers NFT Buyers Visibility, brand-power, UK based HNWI: story behind the art Interests: Art, NFTs A difficult migration clean image of dirt specks Valuable art pieces process/story Segmentation: HNWI, Hipster Examples: PAK, Mad Dog Working or trying to find Open to Migrant-created Art Jones, Eduardo Pena, work here ArtbyNafay, Beeple maybe with a family Museum Interest: expand the collection Open for Digital progressive museum/art funding
Timeline Collaboration Sales Revival Content Curation Auction off art Hunt & Artbook prep Content Creation + Advertisment W3 / W2 W3 / W4 W3 / W4 JUNE - JULY21 JULY 21 AUG 21 W1 / W2 W4 - W3 W1 / W2 JUNE 21 JUNE - JULY 21 AUG 21 Contact Advertisment After Buzz Migrants Social Media Creation & Artists IG account Installation Murals
Thank you Sneak peek
Appendix Methodology Research of the 6 most immigrated regions Realisation that with the current Germany budget it is not feasible to implement a UK system for immigration & education UAE & Singapore Russia Italy Findings Many misconceptions No hero campaigns manageable Unfair treatment Need for campaigns to finance Slavery itself Misused potential Money earned to be invested in Minimal chances in new country for new systems qualified people Perceived as criminals, low in worth
Appendix 715,000 people migrated into the UK (2020) 403,000 people emigrated (2020) 6.2 million people were living in the UK who had the nationality of a different country https://commonslibrary.parliament.uk/research-briefings/sn06077/ https://migrationobservatory.ox.ac.uk/resources/briefings/migrants-in-the-uk-an-overview/
Appendix Unemployment of non EU migrants rose to 7% whilst EU migrants unemplyment rate rose to 5% in 2020 https://commonslibrary.parliament.uk/research-briefings/sn06077/ https://migrationobservatory.ox.ac.uk/resources/briefings/migrants-in-the-uk-labour-market-an-overview/
Appendix Average sales overall price is 1,549 $ ( very volatile) NFT's have perceived value dependent on the artist and purpose Cannot be calculated Beeples collection of NFTs were sold for 69 mil $ Up and coming artist charge between 5,000-50,000$ https://www.businessinsider.com/is-nft-market-bubble-crypto-art-sales-popular-prices-plunge-2021-4?r=US&IR=T
Appendix 26% of all UK citizens use QR codes 1 in 3 15-24 year olds scan QR codes By 2022, 5.3 billion QR code coupons to be redeemed (Juniper Research) By 2022, 1 billion smartphones will access QR codes (Juniper Research) 46.75% of UK & US citizen will increase their QR code consumption according to a survey by Gartner https://www.statista.com/statistics/199328/qr-code-scanners-by-age/ https://www.marketreach.co.uk/blog/QR-codes-are-far-from-dead
Appendix Benefits of QR codes Awareness / brand management Unique value exchanges Inform and educate audiences Boost sales, donations and registrations Drive events Social shareability Sustainable & increase green credentials Collect GDPR compliant first-party data https://www.marketreach.co.uk/blog/QR-codes-are-far-from-dead https://www.marketreach.co.uk/blog/QR-codes-are-far-from-dead
Appendix 01 Managerial IHRB Instagram account / Negotiation artist share of 15-20% Budget profits after sales Opensea or similar account £ 65 02 Summary for London Advertising -> Staying within budget Online Instagram Ads £ 300 Instagram page management £ 500 Print Mural promotion £ 1000 Rent graffiti walls / Stencil Ads £ 1000 "Now for them" - Art book £ 1500 £ 4365 excl. artist share
MayW1-Contact JunW3-NFT Sales Artists and Migrants NFTs are auctioned off MayW3-Collaborate JulW1-Murals Perform artists x mirgants Design Murals collaboration MayW3-Social Media Promos JulW3-Installation Artists post Content on Install Murals in London Progress AugW1-Announce MayW4-IG Page Hunt Start promoting created Start a Scavenger Hunt in NFT on artists' social media London AugW1-HuntPromo Post Locations and Information on the Hunt on Time frame the IG Page
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