Payment and IP
Payment Model
These slots will be compensated on our Primary Royalty Rate (PRR) schedule. Each quarter, playtime for all games is tallied and each game receives a payment based on how much the game is played relative to the rest of the games on the platform. The total payout pool is 40% of the company’s revenue in the quarter. Legends of Learning utilizes Tipalti to process payments to game developers.
Ex: If your game has 1% of playtime in the quarter, and 40% of our revenue is $600,000, your game is paid $6000.
The “quarters” each year are the following periods:
Q1: Jan. 1st - March 31st. Payment sent by April 30th
Q2: April 1st - June 30th. Payment sent by July 31st
Q3: July 1st - September 30th. Payment sent by October 31st
Q4: October 1st - December 31st. Payment sent by January 31st
Passive, Ongoing Income
Payments are made indefinitely each quarter as long as the game remains on the platform.
Ownership
YOU retain IP for the game.
You are free to distribute to Steam, Google Play, the Apple Store, Itch.io, and of course your own website.
Let us know if there is a distribution source outside of the above list that you are interested in and we'll let you know if it's okay (i.e. not a direct competitor).
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