Editing or Creating Product Creator Fees
Last updated
Was this helpful?
Last updated
Was this helpful?
When a product is created, the org. can set a Product Creator Fee. On a successful completion of a project with in a product category. The creator(s) are paid a fee. The fee represents an equity stake in the product that is paid out as passive income for creating a product. It's used to incentivise creating new products within Deep Work as an organisation, rather than 'going alone'.
We use to create one address for each product split when multiple users created a product. This address is added as a user in the Deep Teams application.
Creator Fee: 4%
Split:
Charlie Ellington - 50%
Andrej Berlin - 50%
OxSplit: 0x4b50107CCD93d467D79179d7A370452c424f453b
Spreadsheet:
Grid:
Creator Fee: 4%
Split:
Charlie Ellington - 50%
Andrej Berlin - 50%
OxSplit: 0x4b50107CCD93d467D79179d7A370452c424f453b
Applicable to Branding and custom Branding projects.
Creator Fee: 4%
Split:
Balint - 27%
Jesse - 25%
Andrej - 34%
Charlie - 8%
Christoph - 6%
0xSplit: 0xE30bc651185A5E1994e62E1E9bf2F69c8057cC8d
Creator Fee: 4%
Split:
Bence Gulyás - 30%
Andrej Berlin - 30%
Colin Mortensen - 30%
OxSplit: TBC
E.g. for a new product
Recipients:
Enter the address and percentages of the users to receive the split of the creator fee.
Distribution Incentive:
Set to zero percent.
There is no need to set a fee return to the distributor in the system we use.
Split Type:
Mutable
Make sure the controller address is the SAFE address
This means the split can be edited in the future.
Update this documentation with a link to the new split and amounts (as above).
Update Deep Teams application with a new user:
Create a new user with the following details:
Ethereum address of the Split created above
Name: "Creator Fee - [Product Name]" - e.g. "Creator Fee - Branding"
This means when a project completes, the project owner can pay the creator fee to one address and the split we'll be automated.
Follow the process above
Within the 0xSplits application, you'll see the option to edit an existing split when the correct wallet is connected.
Update the necessary spreadsheets and Grids (as above)
Product Design Creator Fee
expert+prototype@deepwork.studio
0x4b50107CCD93d467D79179d7A370452c424f453b
Product Design Creator Fee
expert+prototype@deepwork.studio
0x4b50107CCD93d467D79179d7A370452c424f453b
Branding Creator Fee
expert+branding@deepwork.studio
0xE30bc651185A5E1994e62E1E9bf2F69c8057cC8d
Spreadsheet:
Grid:
Spreadsheet:
Grid:
Spreadsheet:
Grid:
Use the to create a new 0xSplit Using a SAFE adds an extra layer of security and allows for editing the split in the future.
Use the 0xSplit application within Gnosis SAFE - accessible within apps or via:
Go to the application