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readyeddy's Avatar

Hi Guys

Whats the royalty split and If I can get it manufactured myself would edison use their contact distribution channels to sell

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magurn's Avataren_staff_badge

Hi Cecil!

Our standard split for Licensing deals is 50/50. All our terms are found by clicking on "Legal" on the Edison Nation Help Page.

You can also learn more about our evaluation process and how we work with our partners. As a point of clarification, we do not sell ideas. We work to license the intellectual property associated with the ideas submitted to us that successfully pass through our evaluation process.

Hope this helps to clarify! We're also happy to answer any specific questions you cannot find the answers to on our Help Page at questions@edisonnation.com.

Best of luck!

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enigmamusement's Avatargold

Billionaire Richard Branson believes investing in Bitcoin as little as $50 will make you a. millionaire in several years, having doubts believing this, but if Edison Nation decides to take it on board and treat members as a monthly fee besides being a discount for submission of an idea then I believe everyone wins if no submission has been successful during life longterm membership.

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magurn's Avataren_staff_badge

Hi Arthur!

Not sure I understand your question - is your suggestion that Edison Nation accepts Bitcoin as a form of payment? 

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enigmamusement's Avatargold

Yes if you contact Richard Branson to see how Bitcoin works being a high investment plan, I can put away $ 50 a month until that million is reached in several years, besides the small submission monthly fee, only because I may not be successful no matter how many submission ideas I send during the course of my membership with you

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magurn's Avataren_staff_badge

Hi Arthur!

Thank you for clarifying. While we definitely appreciate the feedback, we are not utilizing Bitcoin at this time

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keeztan's Avatargold

Thanx Michelle...........Guess I'll hang on to these a bit longer.

Karen C Adams
Chase Fisher
Michelle Sartori
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phyll33's Avatargold

do you think there is a market for a new type of back brush

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brilliantgenius92's Avatar

With the 50/50 royalty split. Inclusive of the licensing deal offer. Would there be an initial buyout before the royalty split is active and properly distributed?


Ex: Inventor × Successful Idea × Licensing deal offer × Acquired Idea ×  Royalty Split = 

After a success with the idea. Is there a cash buyout first?

Then the royalty split 50/50 kicks in?


Acquired: Initial cash buyout = Ex: $500,000 ?

Royalty Split 50/50 =  $125,000 each month, each quarter ?

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magurn's Avataren_staff_badge

Hi Davon!

There is no formal cash buyout. 

If Edison Nation secures an upfront licensing fee as a part of the licensing deal, that is split with the innovator 50/50. Once product is being sold, royalties will be split.

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