Peace on Earth, Peace off Earth, Peace with Earth
Artfunding the Space Peace Star Project
Art is one of the most expensive commodities in today's society and the Space Peace Star will be primarily funded through the sale of art.
This "artfunding" appraoch is being managed via the GREATER.EARTH website.
Funding milestones:
(CHF = Swiss Francs)
- Phase 0:
Funding milestone: CHF 50,000
- Phase 1: Funding milestone: CHF 100,000
- Phase 2: Funding milestone: CHF 250,000
- Phase 3: CHF 1,000,000
- Phase 4: CHF 10,000,000
The Cost
The actual cost of the Space Peace Star mission will be determined once additional technical studies have been carried out. These are part of the project’s development plan - Phases 0-3. With an estimated payload mass of 300 kg in its present configuration, the launch cost on a SpaceX Falcon 9 would be approximately $1 million ($1,233 per pound).
Based on our best estimates and previous experience we believe the Space Peace Star project could be realized for approximately 10 million Swiss francs (Swiss francs are almost equivalent to US dollars).
The Funding
As with our previous art interventions, we plan to rely primarily on an artfunding (crowdfunding) approach. Artworks specific to the Space Peace Star are being created and sold to people who want to support and participate in the project. Hopefully many people worlwide will want to support this and other Greater.Earth art interventions.
A good example of multi-million dollar artist funded projects have been those undertaken by Christo and Jean-Claude - i.e. the Wrapped Reichstag (1971-1995) which cost $15,000,000 to realize and was financed solely through the sales of artworks made by the artists.
In today’s art market, artworks costing much more are regularly sold in art galleries, art fairs and in auctions. Perhaps some art collector will wish to purchase the Space Peace Star before or while it is in orbit.
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More information on this in the near future.
