MakeMyVid.io uses a dual structure designed to ensure high-quality applications and maximize your earnings: "Keys to Abundance" for applying, and a success-based commission on won projects.
1. Our Core Philosophy: Quality Over Quantity
Unlike general freelance platforms cluttered with spam proposals, MakeMyVid.io is a specialized ecosystem for professionals. We believe that every application should represent a serious intent to win the job.
To maintain a high-quality marketplace where your proposals are taken seriously by clients, we use a two-part system: an application mechanism (Keys) and a success fee (Commission).
2. Part One: "Keys to Abundance" (The Application Mechanism)
To ensure that creators only apply for jobs they are truly qualified for and serious about landing, we utilize a token system called Keys to Abundance.
How Keys Work:
- The Golden Rule: 1 Application = 1 Key.
- To submit a proposal to any project listed on the platform, you must use one Key from your balance.
- This ensures that when a client receives your proposal, they know you have invested in the opportunity and are not just "spray and praying" applications.
Getting Keys:
- Freelancers must purchase Keys to Abundance packages via their creator dashboard to begin applying for jobs.
- Tip: Purchasing larger bundles typically offers a better per-key rate.
3. Part Two: The Commission Structure (The Success Fee)
While Keys get you to the table, our commission is charged only when you succeed. We charge a sliding service fee between 8% and 15% on successfully completed projects.
Key Takeaways:
- Deducted Upon Earnings: This fee is only deducted from the final project milestone amount after you have delivered the work and the client has released payment.
- Competitive Range: Our rates are geared toward specialized talent, ensuring you keep the majority of your earnings. The specific percentage (8%, 10%, 12%, or 15%) depends on factors such as project volume and the lifetime value of the client relationship.
4. Where Do These Fees Go?
We reinvest revenue from Key purchases and service fees back into running a secure, high-performance marketplace dedicated solely to video production. This covers:
- Reducing Competition: By requiring Keys, we eliminate low-effort spam applications, meaning your proposal competes against fewer, higher-quality freelancers.
- Client Acquisition Marketing: Aggressive campaigns to ensure a constant flow of high-budget video job postings.
- Secure Payment Protection: Managing payments and holding client funds securely before you start work (Escrow Coming Soon).
5. Practical Example: The Full Journey
Let’s say you spot a remote video editing project with a budget of $1,000, and the service fee for this project type is set at 10%.
- The Application: You decide this is the perfect job for you. You use 1 Key to Abundance from your balance to send your proposal.
- The Hired Status: The client loves your proposal and hires you. They deposit $1,000 (Escrow Coming Soon).
- Work & Delivery: You complete the video edit and submit it for final approval.
- Payment Release: The client approves the work and releases funds.
The Calculation:
- Total Project Value: $1,000
- MakeMyVid.io Service Fee (10%): -$100
- Your Net Earnings sent to your wallet: $900