Jan 26, 2025

Q: How does the marketplace compare to X?

Honestly, I have a lot of video editing software. But as UpWork keeps upping their prices for clients (and for freelancers) I’ve been looking for other alternatives. Fivrr has its niches and limitations. Where can I find out about costs associated with hiring a freelancer on your marketplace?

ChaseD702ChaseD702
ChaseD702PLUS

Verified purchaser

Founder Team
Josh_KosmicAI

Josh_KosmicAI

Jan 26, 2025

A: Thanks for the great question, Chase! Our marketplace is designed to provide a seamless and secure experience for both buyers and sellers, with pricing transparency and tools to foster collaboration.

Here’s how it works:

Fees and Transparency

We take a 10% fee from the seller, which acts as a referral or origination fee. This allows us to invest in marketing the platform, attracting clients and freelancers, and maintaining the tools that make collaboration smooth.

For buyers, there’s a 4.4% + $0.40 fee per transaction, handled by our payment provider, Trustap. This fee helps cover payment processing costs and ensures secure transactions, including protection in case a dispute arises.

Secure Payment with Trustap

We’ve partnered with Trustap to make sure payments are handled fairly and securely.
Trustap holds funds in escrow until both parties are satisfied with the work.
If a dispute occurs, Trustap facilitates the resolution process and, if needed, will step in for arbitration to ensure fairness for everyone involved.
How We’re Different

What sets us apart is that we don’t stop at just connecting buyers and sellers. Our platform integrates tools for project management, collaboration, and communication.

- Task Management: Use our Trello-like task manager to track jobs or assign tasks to team members.

-In-App Communication: Keep all communication centralized with our Slack-like messaging system.

Video Editing Tools: Freelancers and clients can work directly within our video editor, streamlining the entire workflow.

-If you have any other questions about how the marketplace works or what makes us different, let me know—I’d be happy to dive deeper!

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Founder
Edited: Mar 28, 2025

Hi Chase,

Big News! We just rolled out 100+ new updates across the platform! From improved AI video editing tools to smoother project management and marketplace features, everything’s faster, smarter, and more powerful.

Jump in and explore what’s new!
https://www.kosmic.ai/platform-updates