Fee Schedule
Overview
This document details all fees and revenue sharing rules on the StoryForMoney platform. This fee schedule applies to all users on the platform, including authors (original creators), derivative creators (creators of derivative works), and general users (readers/buyers).
We are committed to fee transparency. All fees will be clearly displayed before transaction confirmation. If rates are adjusted, we will notify all users in advance.
Unless otherwise stated, all amounts in this document are denominated in US Dollars (USD).
1. Author Fees & Revenue
Applies to authors publishing original works on the platform.
Publishing Works
Publishing works on the platform is completely free. Authors can create accounts, upload works, and publish content at no cost.
Tips Revenue
When readers tip your work:
- Author receives: 80%
- Platform service fee: 20%
Advertising Revenue Share
The platform generates advertising revenue from ads displayed on free content pages and shares it with creators:
- Platform shares with author: 50%
- Platform retains: 50%
Ad revenue is generated by the platform through advertising networks. Authors automatically receive their share without any additional effort. This is the platform's way of supporting quality content creators.
Advertising revenue is settled monthly. See Section 6 for details.
Commercial License Revenue
When your work is licensed for commercial use:
Standard License (Non-exclusive)
- Author receives: 70%
- Platform service fee: 30%
Exclusive License
- Author receives: 60%
- Platform service fee: 40%
Higher platform fee for exclusive licenses due to increased promotion and management responsibilities.
Derivative Work Royalties
When other creators create derivative works based on your work and earn revenue:
- Original author automatically receives: 20% of derivative work revenue
This sharing is automatically processed by the platform. Once derivative authorization is enabled, all eligible derivative works will automatically share revenue with you.
NFT Minting
When minting your work as an NFT:
Web3 Blockchain Service Fee (Flat Rate)
Platform uses this fee to cover blockchain gas fees
A flat fee of $1.00 regardless of edition size
NFT Sales Revenue Split
- Author receives: 80%
- Platform service fee: 20%
Withdrawals
Your earnings are managed via Stripe Connect:
- Earnings are automatically settled to your Stripe account
- No minimum withdrawal amount, withdraw anytime
- Withdrawal fees are charged by Stripe, see Stripe's official pricing for details
- Processing time depends on your region and bank
Withdrawal fees are borne by the user. For details, visit Stripe's pricing page: https://stripe.com/pricing
2. Derivative Creator Fees & Revenue
Applies to creators creating derivative works based on others' works.
Obtaining Derivative Authorization
Applying for derivative authorization from original authors is completely free. Revenue sharing only applies when your derivative work generates income.
Revenue Sharing
When your derivative work generates revenue:
- Original author receives: 20% (automatic)
- Derivative creator receives: 60%
- Platform service fee: 20%
Revenue is split three ways equally between original author and platform: 20% goes to the original author as royalty, 20% is the platform service fee, and 60% goes to the derivative creator.
Derivative Work NFT
When minting derivative work as NFT:
Web3 Blockchain Service Fee: Same as original works (flat $1.00)
NFT Sales Revenue Share
- Original author receives: 20%
- Derivative creator receives: 60%
- Platform service fee: 20%
Derivative Work Advertising Revenue Share
The platform generates advertising revenue from ads displayed on free derivative work pages and shares it with creators:
- Platform shares with original author: 20%
- Platform shares with derivative creator: 30%
- Platform retains: 50%
Ad revenue is distributed by the platform to both creators. The original author automatically receives their 20% royalty share. This is the platform's way of supporting both original and derivative creators.
Advertising revenue is settled monthly. See Section 6 for details.
3. User (Reader/Buyer) Fees
Applies to users purchasing NFTs, licenses, or sending tips.
NFT Purchase
When purchasing NFTs:
- NFT price: Set by seller
- Web3 Blockchain Service Fee: $1.00 per NFT (fixed fee)
- Total payment = NFT price + $1.00 service fee
- No cryptocurrency required, pay with credit card
The platform uses this Web3 Blockchain Service Fee to cover blockchain gas fees and complete the on-chain transfer for you.
Commercial License Purchase
When purchasing commercial licenses:
- License fees, royalty terms, and other details are subject to the signed license agreement
- Multiple payment methods supported
- Please contact our business team for inquiries
Commercial license terms including fees, royalties, and usage scope are confidential business agreements. Specific terms will be detailed in the license contract.
Tips
Tip amounts are user-defined with no minimum.
4. Fee Summary Table
Original Works
| Item | Author | Platform |
|---|---|---|
| Tips | 80% | 20% |
| Advertising Revenue | 50% | 50% |
| Standard Commercial License | 70% | 30% |
| Exclusive Commercial License | 60% | 40% |
| NFT Sale | 80% | 20% |
Derivative Works
| Item | Derivative Creator | Original Author | Platform |
|---|---|---|---|
| Tips | 60% | 20% | 20% |
| Advertising Revenue | 30% | 20% | 50% |
| NFT Sale | 60% | 20% | 20% |
User Purchases
| Item | Additional User Fee |
|---|---|
| Tips | - |
| NFT Purchase | +$1.00 blockchain service fee per NFT |
| Commercial License | Per contract terms |
5. Payment Methods
Supported Payment Methods
- Credit/Debit Cards (processed via Stripe)
Payment Processing Fees
All transactions are subject to payment processor fees (Stripe: 2.9% + $0.30 per transaction). These fees are deducted from the transaction amount BEFORE calculating platform fees and creator revenue shares. This ensures complete transparency in fee calculation.
Currency
The platform uses US Dollars (USD) as the primary settlement currency. Payments in other currencies will be automatically converted using the payment provider's exchange rate.
6. Settlement Policy
Settlement Method
The platform automatically processes revenue distribution via Stripe Connect. Revenue from tips, NFT sales, commercial licenses, and other transactions is transferred to your Stripe account immediately upon receipt. Your earnings are then deposited to your bank account according to your payout schedule settings in Stripe.
Advertising Revenue Settlement
Advertising revenue is settled on a monthly basis. The platform calculates each creator's ad revenue share at the end of each calendar month and processes payouts within the first 10 business days of the following month. This monthly cycle is necessary because advertising networks settle their payments to the platform on a monthly basis.
Processing Time
For non-advertising revenue, processing time depends on your payout settings in Stripe and your bank's processing speed. For advertising revenue, please allow up to 10 business days after month-end for processing. Please refer to Stripe's official documentation for further details.
Tax Responsibility
Creators are responsible for their own tax reporting and payment obligations. Please consult with a local tax advisor to understand your specific tax obligations.
7. Fee Adjustments
Fee Change Notice
If fee adjustments are needed, the platform will notify all users via email and in-app notifications at least 30 days in advance. Fee adjustments do not affect existing license agreements.
Fee Negotiation
For large license transactions or special collaborations, fees may be negotiated within certain ranges. Please contact our business team if needed.
8. Revenue Calculation Examples
Example 1: Original Work Tips ($10)
Reader tips your work $10
- Original payment: $10.00
- Payment processing fee (2.9% + $0.30): -$0.59
- Amount after processing: $9.41
- Platform service fee (20% of $9.41): -$1.88
- Your net revenue: $7.53
Example 2: Original Work Standard Commercial License ($50,000)
Company purchases standard game adaptation license for $50,000
- Original payment: $50,000.00
- Payment processing fee (2.9% + $0.30): -$1,450.30
- Amount after processing: $48,549.70
- Platform service fee (30% of $48,549.70): -$14,564.91
- Your net revenue: $33,984.79
Example 3: Derivative Work Tips ($10)
Reader tips a derivative work $10
- Original payment: $10.00
- Payment processing fee (2.9% + $0.30): -$0.59
- Amount after processing: $9.41
- Original author royalty (20% of $9.41): $1.88
- Platform service fee (20% of $9.41): $1.88
- Derivative creator net revenue (60% of $9.41): $5.65
Example 4: Original Work NFT Sale ($100)
User purchases your original work NFT for $100 (plus $1.00 blockchain service fee)
- NFT price: $100.00
- Buyer pays blockchain service fee: $1.00
- Payment processing fee (2.9% + $0.30): -$3.20
- Amount after processing: $96.80
- Platform service fee (20% × $96.80): -$19.36
- Your net revenue: $77.44
Example 5: Derivative Work NFT Sale ($100)
User purchases a derivative work NFT for $100 (plus $1.00 blockchain service fee)
- NFT price: $100.00
- Buyer pays blockchain service fee: $1.00
- Payment processing fee (2.9% + $0.30): -$3.20
- Amount after processing: $96.80
- Original author royalty (20% × $96.80): $19.36
- Platform service fee (20% × $96.80): $19.36
- Derivative creator net revenue (60% × $96.80): $58.08
9. Contact Us
If you have any questions about fees, please contact us through:
StoryForMoney (Operated by: Storyfor, Inc.)
Address: 131 Continental Dr, Suite 305, Newark, DE 19713, USA
Email: [email protected]
Acknowledgment
By using any paid features on the StoryForMoney platform, you acknowledge that you have read, understood, and agreed to all terms in this fee schedule.