INK Concerns (with MATH!)

[amberberry]

Isn't $1 worth of 1350 ink? I haven't run the math though so I could be wrong but that's what I've always thought based on this topic: https://forums.tapas.io/t/ink-how-many-ink-is-a-dollar/33405

[colinmooredraws]

Yeah, that's where I got my info. It's 1250 for $1 for a creator. But when you BUY Ink, it's 800 for $1. Or rather 1600 for $2 cause you can't just buy $1 worth.

I was concerned because there was nothing backing up the first person who said it, but further down someone confirmed it by saying they had 25 ink valued at 2 cents, which is the same as 1250 valued at $1.

[joannekwan]

Here's a run down of percentage cuts. Not only does Tapas need to get paid, but the app stores and paypal require transfer fees. And because those fees vary depending on the platform in which ink is gained, the percentages vary. Don't know if that answers your question entirely, but I hope it helps.

[colinmooredraws]

Are those fees figured in to what you have in your "bank", though? Or is that what's taken off the top when you cash out?

[joannekwan]

I'm fairly certain they take the fee amount out before the amount appears in the available/pending balance display. But the detailed balance sheet has all the specifics for each amount logged.

[jensrichard77]

But then I saw someone say they got their first 25 Ink and it was only $0.02. That's a value of just $0.008 per Ink.

Not sure about that.
I had some cash out and the 1$ is about 1200-1300 Ink fits fine.
Depending on where the Ink has been purchased.
If I buy ink at the web and give it to you tapas will take 15%
If I buy Ink on the mobile app Tapas will take 30% and split it with Apple and Google.
And the Pay Pal 10% is only if you cash-out from Pay Pal in another currency then Dollar.

It isn’t that bad as It might seem folks.

[keii4ii]

If I buy Ink on the mobile app Tapas will take 30% and split it with Apple and Google.

AFAIK Tapas does not split that 30% with Apple/Google. Apple/Google takes all of that 30%, and then Tapas takes their own cut from the remainder.

[jensrichard77]

Apple/Google takes all of that 30%,

OKAY THEN CONSIDER WHERE YOU BUY YOUR INK

[colinmooredraws]

I'm fairly certain they take the fee amount out before the amount appears in the available/pending balance display. But the detailed balance sheet has all the specifics for each amount logged.

Screen Shot 2019-11-04 at 3.07.11 PM.png1902x168 23.3 KB

If you're comfortable with it, could you tell me how much Ink made up that balance?

[joannekwan]

132, but that's between 3 different people so I have no idea what kind of ink they used (app store, web, or earned)

[jensrichard77]

Jul 6 I received 500 Ink (Support)
The combined value depending on the purchase was 4.17$
Then Tapas taking the 15% and I have 2.47$

[Zinx]

So in short, it's best to buy ink off the web. It's worth more for the one tipping and pays more to the author being tipped.

[jensrichard77]

Buying 500 ink in the shop cost 4.99$

[jensrichard77]

Your web Ink has a greater value for the supported creator then your App ink

[Zinx]

Yup. I feel like that should be more explicitly stated.

[silverraven0]

Not sure if this can help but there's a more diverse look of support inks I got. Notice that there's a 0.08 and 0.04 that was cut the same amount of 0.01.

I have never taken out my balance but as an estimate, I probably have received around 76.000+ inks (I received few hundred support inks before making a support goal so it's around there) the whole time here and the total support on my support page said $64.54, while what I can take out in total after all fee from what it seems on my balance is $49.47

[jensrichard77]

Thinking about it?

If I set a goal of 15000 ink and a All my supporters give me that in App Ink I will lose 30% value contra all my supporter give me Web ink.

And the supporters will not know because they had paid the same $ for the same amount of Ink.

But we can’t tell the difference from Web Ink or App Ink.

Is this fair?
Can we say NO to App ink?

[joannekwan]

Can we say NO to App ink?

I mean, some is better than none right?
I'm not gonna discriminate over whatever people want to give me

[burginlewis]

I was the 2 cent person, for the record. Two days ago a reader gifted me exactly 25 ink (first support I've received, I'm pretty new here). On my support page, my balance is now listed as $0.02.

I can't comment on that reader's app store, taxes, etc.

[silverraven0]

Really? I've seen the web inks shop, the android and iOS separately and they seems to have a same prices. (the one on ISO is on my country balance but they're more or less have the same exchange rate value).