Payouts Guide

For Venues

Venues receive 70% of pass sales when a promoter is involved, or 85% when no promoter is involved. L8TE keeps 15% platform fee on all sales.

  • • Total Revenue: All pass sales
  • • Platform Fee: 15% (L8TE's fee)
  • • If promoter involved: Promoter gets 15%, you get 70%
  • • If no promoter: You get 85%
  • • Available Balance: Your earnings minus payouts
  • • Automatic Payouts:

For Promoters

Promoters earn 15% commission on all passes sold through their referral links, plus referral income from venue and promoter referrals.

  • • Pass Sales Commission: 15% of all passes sold via your links
  • • Guestlist Earnings: Flat rate per checked-in guestlist entry
  • • Booth Booking Commission: 13% of booth bookings via your links
  • • Available Balance: Your earnings minus payouts
  • • Automatic Payouts:

Venue Referral Earnings

When you refer a venue to L8TE, you earn through a tiered system:

  • • Activation Bonus: €5 when the referred venue makes its first transaction
  • • 50% Platform Fee Share: You earn 50% of the platform fees L8TE collects from that venue on the first €1,000 in platform fees (up to €500)
  • • 5% Lifetime Share: After €1,000 in platform fees, you earn 5% of all platform fees from that venue — forever

Promoter Referral Earnings

When you refer another promoter to L8TE:

  • • 5% Lifetime Share: You earn 5% of all platform fees L8TE collects from the referred promoter's work — forever
  • • This includes platform fees from all pass sales, guestlist entries, and booth bookings they generate. There is no cap on promoter referral earnings.

Requesting Payouts

You can request payouts manually at any time, or wait for automatic weekly payouts every Tuesday.

Manual Request:

  1. Go to Payouts section
  2. Enter the amount you want to withdraw
  3. Click "Request Payout"
  4. Payout status will show as PENDING, then PROCESSING, then COMPLETED

Automatic Payouts:

  • • Every Tuesday at 9 AM UTC
  • • All available balance is automatically paid out
  • • Requires bank account to be connected

Payout Status

  • • PENDING: Request submitted, awaiting processing
  • • PROCESSING: Payout being processed
  • • COMPLETED: Funds transferred
  • • FAILED: Issue occurred (check reason)

Bank Account Setup

To receive automatic payouts directly to your bank account, you need to add your bank account details. This is a secure, one-time setup.

  1. Go to your Payouts section
  2. Click "Add Bank Account"
  3. Enter your bank account details
  4. Once connected, payouts will be automatically transferred via bank transfer
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