Basically, the idea is all you kids at home get out your microphones and record some instruments, be they guitars, violins, neat-o synths, or even hybrid instruments. The goal of this project is to have high quality and free samples that either did not exist before, or were only available in expensive libraries.
Submit samples to http://www.senntenial.com/#!submissions/c1qvw
The engine that will handle the sampling will be Kontakt 5. Although I understand many of us do not have the software, it is the only program I am versed it, though I would be belated to have any help converting the samples into formats for programs such as DirectWave.
Here are the basic rules. You can find a copy of these on my website. PLEASE read them before starting anything.
CRITERIA TO READ BEFORE SUBMISSION:
Please do not waste time making sloppy samples. I understand that most community members do not have a recording studio, but OBVIOUS background noise will make a sample unusable. Please record at the highest quality that you can - this means that you will need a good quality microphone; samples recorded off of a poor sounding laptop speaker will not be accepted.
Samples should also contain only sounds that should be in the instrument. That means that any interludes of talking or extended silences must be removed or fixed before submission. I plan to only only in Kontakt, and have to do no sample editing. In other words, make it as easy as you can for me by properly preparing your samples for assignments.
Please try to think creatively and make samples that cannot be easily found, or samples that are usually only available for purchase. This includes essentially any orchestral instrument, especially strings, or any quirky instrument (E.g., my bowed guitar.)
AGREEMENT: By sending in these samples you agree that:
1: Your samples may be distributed for FREE on my website, or any other site that decides to upload them.
2: Your samples will be credited to you and all involved parties.
3: Your samples may have ads involved. I understand this may be the most difficult rule, as it would seem I am gaining profit at your samples, but maintaining this site costs ~$50+ U.S. dollars a year, and in a five month period I have gained $0.70 in advertisements.
4: You agree that the samples will be free for the community to use, modify, distribute, or even sell in songs/modified libraries, with proper attribution.
5: You agree that you cannot charge anyone for using your sample libraries, or prohibit anyone from using them.
6: Your samples will be released under the Creative-Commons Attribution license, which basically states that your work can be shared and adapted for personal or commercial use.
7. You agree that your samples must be your own work, or someone else's modified work with proper attribution. You also agree that the software that you used to make these samples is a legitimate copy and pirating software was not involved. (I'm really an advocate against pirating, but I know 99% of the community doesn't have legitimate software... so I mean there is no way for me to know if you don't tell me...

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In short, if you are going to participate, spend time and effort and only submit your best work. Create something that others want to use.
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HOW TO SAMPLE
Although you may have a separate file for each note/whatever you are sampling, it is much easier to have 10-20 samples contained within each file, and then for those samples to be split within Kontakt. If you have multiple files that contain groups of samples, please label them "<Instrument name> lo, <instrument name> mid, <instrument name> hi", or something to that effect.
If you are sampling drums, I would prefer that each category of sound be a separate sample, for instance, group kicks into one file, hats in another, etc.
If you require any additional information, please kontakt me through PM.
SUBMISSIONS MUST BE A ZIP OR RAR FILE HOSTED ON A 3RD PARTY SITE AND THEN LINKED TO THE FOLLOWING ADDRESS THROUGH THE CONTACT FORUM - http://www.senntenial.com/#!submissions/c1qvw
This is my first time doing anything of this sort, so if you have any suggestions, please add them!
This event will hopefully be an ongoing thing, so you have all the time in the world.