Getting paid when people buy your post? How does that work?

You may have published posts before and have it go to high prices even and wondered why your balance didn't go up by that much. After all if a post sells for $3.18, should I have +3.18 on my balance?

Well the truth is that you don't get most of that.

Each time someone purchases a post from a previous owner, they have to pay back the previous owner of all the money they paid plus extra. This is why the price goes up by 30% each time from .30 to .39 to .51 and so on and so forth.

Excluding the 1st sale that is 50% for the board, 50% for the publisher, every subsequent sale is 110% to the previous buyer, 10% to the publisher and 10% to the board.

As shown here, the current owner is Banter_Lover, having paid $2.44 +10%, equating to 2.69 (this has many decimals so the numbers aren't totally exact), 10% for the publisher and 10% for the board.

I hope that clarifies things.

Satella