Afri-Anniversary: Account Of Expenditure and Income

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WELCOME TO AFRI-TUNES COMMUNITY

A community open to all musicians all over the world, to share and enjoy African music.


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Do well to subscribe to our community to share and enjoy your quality African Tunes.

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Click here to be re-directed to Afri-tunes Community


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When we shared our plans with the wonderful Hive community about our Afri-Anniversary, we laid down some estimated costs and we appealed for sponsorship. We were amazed that our plea for sponsorship got favourable response from our lovely community members, and this contributed in an excellent way to make the celebration really special.

We appreciate everyone who contributed in their own unique capacity: Sponsorship, upvotes, liquid currency, support and in every other way. We appreciate you undiluted support, and we are grateful.

In this post we shall give a breakdown of the income we received for "this project" in liquid currency and post reward; the expenses we made from the @afri-tunes account for the Project; and the total expenses we made for this project.

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BREAKDOWN OF ESTIMATED COST


Here is the break-down of the expected cost as given in our first post about the Afri-Anniversary


T-Shirt Production

ItemCost per 1 itemCost for 15 items
T-Shirt4.15 HBD62.3 HBD
Logo design (front and back)1.8 HBD27 HBD
Total amount for T-Shirt Production-89.3 HBD

Guitar Academy Sponsorship

ItemCost per 1 memberCost for 2 members
3-months Scholarship plan9.3 HBD18.6
Data allowance2 HBD for each month = 6 HBD for 3 months12 HBD for 3 months
Total amount for Guitar Academy Sponsorship30.6 HBD

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INCOME RECEIVED


Here is a breakdown of the income received in liquid currency and cash transfers.

SponsorDateHive IncomeHBD Income
@sholex94March 35
@newbies-hiveFebruary 2420
@gloriolarFebruary 164.1 (bank transfer)
@josediccusFebruary 1415

Liquid Income from Sponsors = 29.1 HBD and 15 Hive.


Here is a breakdown of the post rewards on Afri-tunes posts about the Project.

DateHive RewardHBD Reward
March 9th7.834
March 9th1.615
March 3rd8.2103.701
March 3rd2.630
February 26th7.637
February 21st17.653

Post Reward from Afri-Anniversary Posts = 41.07 HBD and 8.210 Hive


Total Income = 70.17 HBD and 23.21 Hive

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EXPENSES MADE


Here are the expenses made from @afri-tunes account for the Project.

RecipientItemDateAmount
@afritunesHivebuzz Badges13 March16.00 HBD
@ksamAfritunes T-Shirt20 February50 HBD
@ksamAfritunes T-Shirt17 February6.0 HBD
@ksamAfritunes T-Shirt15 February3.5 HBD

Total Expenditure from @afri-tunes: 74.5 HBD


Here are the actual expenses made adding some of the contributions from the team.

ItemAmount
Cost of Initial scouting (Test production + Transportation)7.5 HBD
Cost of 15 Branded T-Shirts89.3 HBD
Transportation to the Location for (1st day) Test and (2nd day) Pick up4.5 HBD
Delivery of goods to 4 different states in Nigeria from Lagos to (Nasarawa, Ekiti, Kwara and Edo)15 HBD
Hivebuzz Badges for 35 people (sponsorship not included)17.5

Total: 133.8 HBD (all paid)

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WHAT'S LEFT?


We are not done yet!

We promised professional online guitar academy sponsorship for two members. We said the package will include:

  • A 3-month scholarship plan for those who will be selected
  • We will also offer little monthly allowance for data subscription to assist and motivate them

We also said that in order to ensure that selected users value this sponsorship, we would select those who:

  • Show interest by commenting here or in our discord server
  • Have earlier shown to be interested in playing guitar or progressing in their guitar level
  • Have guitar readily available to them
  • Are subscribers of Afri-tunes community

We said this in our post, and we have already received interested applicants. You can still apply here or in our discord channel, and maybe you'll be the lucky one.

Here is the break-down of the expected cost.

Guitar Academy Sponsorship

ItemCost per 1 memberCost for 2 members
3-months Scholarship plan9.3 HBD18.6
Data allowance2 HBD for each month = 6 HBD for 3 months12 HBD for 3 months
Total amount for Guitar Academy Sponsorship30.6 HBD

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NB!!!


We say thank you to everyone for making this project a success for everyone of us.

We appreciate the team and all those who sacrificed their time and extra unrecorded Transportation fare to get the T-Shirt delivered from the state park to other locations in the state.

Aside the 15 sponsored T-Shirts, we also sponsored for @sapphirekay, and we ensured to cover the delivery fee for those who paid for the T-Shirt.

A loan of 50 HBD was collected to ensure that we made the complete payment for the T-Shirt within the given time frame. We ensured that we paid back the loan within 7 days from the income received.

All Hive Income will be used to pay the Contest Reward.

If you have questions about the account, we will gladly answer you and make further explanations where necessary.


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The T-Shirt was made in Lagos State by TRUX Clothing brand, and here is the payment invoice from him.


  • Article written by @ksam for Afri-tunes Community
  • Images designed via Canva by ksam

If you want to sponsor the contest prizes with Hive, Leo or Ecency points, you can send the tokens to @afri-tunes or @afritunes, or you can reach out to us via Afri-tunes Discord Server!!!

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Click the banner above to join Afri-tunes Discord Channel


We hope to receive more collaboration, support and sponsorship in order to facilitate the growth of this project.

Click the link below to join the Afri-tunes Curation Trail so that, with your help, our Curation Trail can become stronger and better able to sustain and support high-quality posts.

Join Afri-tunes Curation Trail here

Here is a guide if you don't know how to join a Curation Trail


You can also delegate HP to @afri-tunes (Afri-tunes official account) to help us curate high-quality African music for Hive.

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Let's Spread the love, the calmness, the smiles, the culture, the songs and the dance associated with African tunes.

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If you love this project do well to comment, reblog, upvote, tag one or two friends and support us in any way!!!



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You can also share your thoughts, contributions and suggestions.

👇👇



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16 comments
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WOW! This is really great. I am impressed. Keep up the good job. I also love to contribute in my own little way. I will get in touch with you at the right time.

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Thank you so much
You are always welcomed to support our community anytime... we really appreciate 😁

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All corrections, Explanations, and added remarks will be made in this comment, to ensure transparency of unedited account.

  • Total Expenditure from @afri-tunes means payment made from Afri-tunes wallet.
  • Actual expenditure is the actual expenses made: it includes both the payment made from Afri-tunes wallet and others from the personal wallet of the organisers to ensure that the project goes smoothly.

Other clarifications will be made under this comment, if necessary.

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Great rundown, great for some accountability, considering the fact that it's an important project, the biggest project by afri-tunes lately.. I'm glad that this has successfully gone well

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Thank you so much Chief
Yes, it is necessary for accountability no matter how little or huge the project is 🥰

Thank you for your support 🙏

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No wahala, we're all glad everything panned out nicely.

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You are doing an amazing job @ksam. I don't know how you do it but it's 👍👍
I will sure be a part of this sponsorship.

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Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

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Thank you so much dear 🥰
We'll be really glad 🥺🥺🥺

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This is an amazing job and I must admit you are very real. God bless you

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Amen
Amen
Amen

Thank you so much 🥰🥰🥰

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