Elegoo Launches Million-Dollar Creator Fund to Revolutionize 3D Design Marketplace

Sayart / Aug 10, 2025

Elegoo, the manufacturing giant behind popular resin 3D printers including the Saturn and Mars series, has announced the launch of a groundbreaking million-dollar creator fund for their new Nexprint platform. This innovative initiative promises to transform the traditional 3D model marketplace by offering creators immediate compensation rather than commission-based earnings. The program pays designers $5 upfront for every approved original design they upload, with exceptional work earning an additional $5 bonus plus featured placement on the platform.

The creator fund distinguishes itself through remarkably creator-friendly terms that address common pain points in the digital design industry. Unlike traditional marketplaces, Nexprint imposes no exclusivity requirements, allowing designers to simultaneously sell their work on established platforms like CGTrader or TurboSquid while earning guaranteed payments from Elegoo. Additionally, the platform sets no monthly submission limits, enabling prolific creators to generate substantial income through volume-based participation.

The inaugural phase of the creator fund launches August 9th and runs through August 31st, with the reward pool refreshing monthly thereafter. Funds are distributed on a first-come, first-served basis, encouraging early participation and consistent engagement. Beyond individual submissions, Nexprint has implemented an innovative referral system that allows creators to earn up to $100 monthly through tiered invitation bonuses by recruiting other designers to the platform.

This referral structure creates a powerful network effect where established designers have financial incentives to mentor and recruit new talent, potentially accelerating both platform growth and content diversity. The system transforms experienced creators into community ambassadors who directly benefit from expanding the platform's user base and improving overall content quality.

"This fund shows our commitment to delivering the best user experience to Nexprint community by hosting a tremendous amount of 3D models accessible to everyone," said Chris Hong, CEO at Elegoo. "We greatly value originality in this industry. Nexprint will be a perfect platform to showcase creators' original ideas. We believe in here every design will pay off."

Elegoo's financial backing for this ambitious initiative stems from its substantial market presence and manufacturing capabilities. Founded in 2015, the Shenzhen-based company has expanded to over 1,000 employees operating across nearly 30,000 square meters of manufacturing facilities. The company's 2024 revenue exceeded $220 million, with millions of devices shipped to more than 100 countries worldwide, demonstrating that this creator fund represents a strategic investment by an established industry leader rather than speculative promises from a startup.

The strategic implications of Nexprint's approach are particularly noteworthy in how it positions itself within the existing 3D marketplace ecosystem. By eliminating exclusivity requirements and providing upfront payments, the platform functions as a complementary income stream rather than a direct replacement for existing marketplaces. This approach could rapidly build a massive content catalog since creators face minimal opportunity costs for participation, making it an attractive proposition for both emerging and established designers.

For emerging designers especially, the guaranteed payment structure provides crucial financial stability that commission-only platforms cannot match. This stability could democratize 3D design by making it financially viable for more creators to contribute regularly, potentially leading to increased diversity and innovation in available content across the entire 3D printing community.

Nexprint's open-source philosophy and emphasis on print-ready files further differentiate it from competitors in the digital marketplace space. The platform prioritizes accessibility and workflow integration, featuring one-click printing capabilities designed to eliminate friction between discovering a model and actually printing it. This user-centric approach creates a synergistic relationship with Elegoo's hardware business, establishing a beneficial cycle where printer sales drive model demand, which drives creator rewards, which in turn drives model supply.

The million-dollar fund represents approximately 200,000 individual submissions over the course of a year, based on the base rate of $5 per model and excluding the additional $5 bonus awarded to outstanding designs. This massive content injection could quickly establish Nexprint as a major competitor in the 3D model marketplace, providing users with an extensive library of high-quality, print-ready designs.

From a creator perspective, the financial calculation strongly favors participation, as there is virtually no downside to joining the platform while offering significant potential benefits in both immediate payments and long-term platform visibility. The combination of guaranteed upfront payments, no exclusivity requirements, and unlimited submission potential creates an unprecedented opportunity for 3D designers to monetize their creativity.

Elegoo's strategic bet focuses on the premise that paying creators upfront will ultimately cost less than competing on commission rates while simultaneously building a more loyal and engaged creative community. For the broader 3D printing ecosystem, this initiative represents a direct investment in creator welfare that the industry has needed for years, potentially setting a new standard for how digital marketplaces compensate content creators. The success of this program could influence other companies to adopt similar creator-first approaches, fundamentally changing how digital design marketplaces operate and compensate their contributors.

Sayart

Sayart

K-pop, K-Fashion, K-Drama News, International Art, Korean Art