Seem's like a way to get a bunch of app's on you site and only pay out 85$?
Hi takagari, I understand this may look like this, but please let me explain...
This isn't like a logo/website competition where the losers will get nothing. Each app a user uploads, they earn Bitcoin on
EVERY sale thereafter. If its good enough, someone will buy it.
The great thing about crypto-currency is that we can give the author a fair price. We believe in giving a fair price back to the creators for their hard work. 80% of the sale is given back to author, something other websites cannot offer. 20% is left to the website to cover server costs and to help the business grow. Infact, 5% of the sites profits is added to a bounty fund to encourage authors to submit items and fuel the marketplace.
Now lets look at some other marketplaces...
Envato - They pay out anywhere between 33%-70% and to hit 70% you need to have a total of $75,000+ in sales.
WPBootstrap - They range between 35%-75%, with 35% if you sell it anywhere else.
We pay people in Bitcoin and provide a service. Our members this week alone has gone from 50 to 98. We are growing but need good content, hence this competition. I do not have unlimited funds to throw away, so I am offering what I can. We do not own the item the user uploads, we sell it on our platform and give them Bitcoin for it.