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If I'm doing crowd-funding, how will I send my 5% to Epic?

Can I pay using Paypal, Bank-to-Bank, or Checks? I don't really like mailing, in this case I can make an exception, but I have fear someone may take it. My neighborhood suck and so is my family I share house with.

I have trust issues sending money through mail.

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asked Jul 26 '14 at 10:33 PM in Legal & Licensing

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JeDeergab
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Hello JeDeergab,

This should have been answered sooner, thank you for your patience. This should clarify your options:

https://www.unrealengine.com/release

Once you've begun collecting money for your product, you'll need to track gross revenue and pay a 5% royalty on that amount. Royalty payments are due 45 days after the close of each calendar year quarter. After the end of each quarter, you will need to provide the following information.

  Product Name
  Product Release Date
  Developer
  Publisher (if applicable)
  Platforms
  Advances Received 
  Gross Revenue (quarterly and life to date)
  Sales by Number of Units

You can send this information, along with any other royalty related questions, to royalty@unrealengine.com. Once this information is received and processed, Epic will provide payment instructions.

Let me know if you have any questions.

Thanks,

Alexander

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answered Aug 06 '14 at 02:17 PM

avatar image Alexander Paschall ♦♦ EPIC Aug 06 '14 at 02:19 PM

Here is an except from the EULA about Kickstarter as well:

What if my product obtains crowdfunding via Kickstarter or another source?

Royalties are due on revenue from Kickstarter or other crowdfunding sources when the revenue is actually attributable to your product, for example if the user is required to purchase a particular funding package to obtain access (now or later) to your product, or if that package gives the buyer benefits within the product such as in-game items or virtual currency.

Here’s an example of what we mean by “attributable”: Assume you provide two tiers of offers, a signed poster for $20, and a signed poster plus game access for $50. No royalties are due on ancillary products like posters, so no royalty is due on the $20 tier. On the $50 tier, the user is paying for the poster with a $20 value, and that implies that the remaining $30 of value is attributable to the product. So, for each $50 tier sale, you’d pay a royalty of $1.50 (5% of $30).

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