For more information about Creator Monetization and Cash Payouts, see the pages in the Creator Toolkit Documentation.
When someone buys with coins directly in a Creator’s experience - the creator gets 70% of those coins’ value. Which is then held in their Spatial account, and they can re-spend it elsewhere on Spatial.
We are still actively developing our cash out flow and this is not yet available during the closed beta.
When you monetize on the platform, you have the opportunity to cash out your earnings. To be eligible for cashing out, you need to have a minimum of 18,000 Coins in your account, and those Coins will need to have been in your account for at least 45 days. Each Coin holds a value of $0.0057, and this fixed rate determines the payout per Coin.
The cash-out revenue share ranges between 40% and 50%, depending on the specific Coins package associated with the user who spent the Coins. This means that you will receive 40-50% of the total value of the Coins you cash out, based on the rev share percentage linked to the Coins package.
For instance, if you decide to cash out 20,000 Coins from your Spatial Account, the total value of these Coins amounts to $114, considering the fixed payout rate. However, the actual payout amount may differ depending on the rev share percentage connected to the specific Coins package used for the purchase.
We strive to establish a fair and transparent revenue sharing model that empowers you to benefit from your contributions. By offering the cash-out option, you can convert your virtual currency into real-world earnings, promoting a sustainable ecosystem for user-generated content on our platform.