@MakerWorld there are so many great updates in the latest release notes. It’s been exciting to see the site evolve and grow. Keep up the great work and we can’t wait to see what’s next!
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Huh? From MW or the state?
Oh your talking about the VAT ?
once youve given permission you lose that right
i guess the implications would be a lack of exclusivity to mw
I’ve been agonizing over whether or not to commercially license some of my models including some I haven’t yet released on makerworld - this is helping me decide. But I’m still on the fence. Gotta do some math.
I don’t see the mechanism for making an existing model “exclusive”. For grins and giggles I changed the license on one of my models to Standard Digital File License. It is not hosted on any other servers but I don’t see any way to submit it for the exclusive program. I just wanted to test the system and apparently I failed.
I’m talking about the fact that, at that point, you’re receiving real money (cash) from a company that will have to issue a receipt and make a payment that will go into your bank account. At that point, that amount will be part of your income, and you’ll have to pay taxes on it. At least, that’s how it works in Italy, but I suppose it’s the same in many other places around the world.
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They should probably do a AMA ^^
I need to read the terms again.
What about redemption points order? Right now I can see two point categories. One is regular points and the other is exclusive. What if I want to redeem it by ordering gift cards 524 points each? Will it use only regular points or both? And in what order?
You missed the fact that the exclusive points can still be used in the same way as regular points (i.e convert to store credit) so actually, by not going exclusive you are losing out on an additional 25% store credit which actually widens the gap between cash vs gift card payout even more.
edit:
Seems the value of points in UK is a bit different.
Yesterday, in the UK, the only option was 535 pts = £35 gift card.
As of today you have 3 options:
- 535 pts = £35 gift card (same as before)
- Exclusive program:
- 535 pts + 133.75 xpts = £43.75 gift card
- (535 pts + 133.75 xpts) * $0.066 = $44.14 (~ £33.76) cash
So depends what you want, cash is probably better if you want to buy filament (£33 buys a lot more on Amazon than £43 does on Bambu store) or anything non FDM. But if you want a BL printer then exclusive points > gift cards is the better option as you’re getting about 30% more than cash and 25% more in gift cards if you don’t go exclusive and only collect regular points.
If you have to pay tax on cash, then gift card probably works out better, although perhaps some kind of tax still applies to gift cards? (I’m not an accountant)
so will the new points only be available to convert to cash or can it still be used to redeem gift cards? i am just too lazy to read the whole article.
Where did you see in print that the “Standard Digital File License” “limits usage to non-commercial personal use only”. Unless they changed it recently, it does no such thing.
Store credit (gift cards) are still taxable income. I’m sure very few users report them on their taxes, but they technically should be.
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Good question. I really need to tread the terms more deeply ^^`
https://makerworld.com/en/exclusive-model-policy
Edit: its not that clear, I made some interpretations.
Gift cards are the point shop ? id assume normal points redeemeed and checked first , while exclusive involves $$
BTW I think your math in not correct, because for a 40$ git card you need 490 points that’s 40$/490=0.0816$ not 0.1225$
So I think (tax excluded) they are almost equally worth.
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Also “Exclusive” icon replaces “Featured”. Why? =) I mean, I was proud of having at least one design marked as featured. @MakerWorld do you consider fixing it?
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