What are the store entry criteria and commission rates?
Wadiz Store is a service to help makers born on Wadiz continue to sell and grow their products and services.
Wadiz Funding/Pre-order successful projects with excellent customer ratings for products or services can be sold continuously throughWadiz Store.
When entering Wadiz Store, you must meet 4 criteria, and the commission rate varies depending on how you enter.
1) Projects with all maker satisfaction ratings of 3.0 or higher
- It is based on the time of store project submission.
- If you do not meet the satisfaction criteria, submission will be difficult.
※ If you are entering as 'Wadiz Only', the criteria from 1) is waived. If you have questions about Wadiz Only, please refer to the link (click).
2) Projects with 50 or more completed payment supporters or total successful funding (completed payment amount) of 5 million won or more
- Completed payment supporters are based on the number of payment transactions. You can check it at [ Maker Studio > Payment Status > Completed Payment Transactions ] .
- Successful funding refers to the total amount of achieved funding (sum of all project participation amounts) excluding failed payment transactions. You can check it at [ Maker Studio > Payment Status > Completed Payment Amount ].
- All data must meet the criteria based on one project.
※ If you are entering as 'Wadiz Only', the above criteria is waived.
3) Projects completed after October 1, 2018
- Projects that ended before satisfaction ratings existed (~September 30, 2018) are difficult to pass store screening.
4) Projects by business-registered makers
- Only business-registered makers can sell after opening a store.
- If you conducted a funding project as an individual, please register as a business and submit your business registration certificate.
※ Even if you meet entry conditions, store opening may be restricted.
- Projects that have not completed final settlement
- Projects in the [Donation/Sponsorship] category where rewards were not provided
※ Even before final settlement, you can enter the store if you meet the following 4 conditions.
- All rewards have been shipped in Maker Studio
- All maker satisfaction ratings are 3.0 or higher
- Successful funding is 5 million won or more, or the number of completed payment supporters is 50 or more
※ Wadiz Store commission rates (separate from VAT) are divided into 2 types as follows.
- Wadiz Store entry commission: 13% (VAT separate, PG company fees included)
- Wadiz Only store entry commission: 13% (VAT separate, PG company fees included)
※ If you enter as Wadiz Only, store entry conditions are waived.
- Learn about Wadiz Only conditions and application methods(Click)