1. Creator Subscription Plan
A creator will pay a $24.99 per month subscription fee for access to MyMiniFactory’s site-wide creator services and products.
It will comprise what is already included for a Store Manager.
, as well as access to opening up a Tribe on MyMiniFactory.
To confirm the creator $24.99 per month subscription fee includes access to the following MyMiniFactory products and services (including all associated features, such as file distribution):
a) Store Manager
b) Tribes (early Beta version, please contact the Designer Relations team for further information)
c) Crowdfunding (in development, not fully launched yet, please contact the Designer Relations team for further information. Product will be fully released in late 2021 / early 2022)
d) Pledge Manager
g) Marketing and exposure (e.g. newsletters and MMF+ feature opportunities)
Therefore, please note existing Store Manager creator subscriptions on MyMiniFactory will also have access to Tribes provided as a free additional product within their subscription plan.
2. Fees & Payments:
2.1 MyMiniFactory will charge an 8% commission platform fee on all revenue generated from your Tribe plus payment processing fees as per below:
a) Standard rate: 2.9% + $0.30 per successful payment over $3
b) Micropayment rate: 5% + $0.10 per successful payment $3 or less
(please note for all payments from Tribers outside the USA there is an additional 1% surcharge)
2.2 Creator Payout fees charged by MyMiniFactory on Tribes at launch = 0% (zero)
MyMiniFactory will review this fee in 2022 after negotiations with its banks and will aim to keep the fee as low as possible, with our intention to be a maximum fee of 1% of the amount transferred, capped at $20.00.
2.3 Creator Payout frequency will be twice a month, on the 14th and 28th of the month as per the existing set-up for MyMiniFactory Store Manager payouts. Please note in the lower half of the Statistics page with your Profile is a payment request button to be actioned maximum once per fortnight by the 12th and 26th of each month by midnight Pacific Standard US time (PST), to receive
your payout by 14th and 28th of that month respectively. We plan to automate this feature in the near future.
2.4 All fees and payments will be clearly displayed in a dedicated Tribes creators Statistics page within your Profile.
2.5 Please note Tribes will only be operating in the US Dollar currency for the time being. We plan to add additional currencies in the future.
3. Sales Tax / VAT:
3.1 MyMiniFactory will manage all Sales Tax / VAT on behalf of the creator. We will collect and remit the applicable VAT on your behalf to the relevant tax authorities.
We are doing this to protect our community and make matters as easy as possible for the creators on MyMiniFactory. This is for Tribes only currently, we plan to roll-out this format across all MyMiniFactory products soon.
3.2 Your Tribe (including potentially different tiers) will advertise the tier subscription price without VAT and then if a Triber is from an applicable country or region at the checkout stage the relevant sales tax / VAT due will be added to the subscription price. For example a creator inputs the subscription price without sales tax / VAT at $10. A Triber is from the UK and a 20% VAT rate is applicable. The price the Triber sees and pays at the checkout stage will be $12.
3.3 The MyMiniFactory 8% commission platform fee will be applicable on the Tribe tier subscription price without sales tax / VAT included.
3.4 Payment processing fees will be applicable on the gross Tribe tier subscription price with sales tax / VAT included
In order to maintain and promote our sustainable community we ask all creators to fulfil as much as possible, if not exceed, the expectations promised via their Tribe subscription.
We will advise all Tribers to first contact their respective Tribe creator if they are unhappy with the level of service being provided.
All refunds, for the time being, will need to be requested via MyMiniFactory, who will then action your request on your behalf if it is deemed satisfactory.