Kick: xQc explains payment format for his US$100 million contract

With major investment from the website Stake.com, an online casino platform, Kick arrived to shake up the live streaming market, currently dominated by Twitch and YouTube.

With multimillion-dollar contracts, Kick has ensured that some of today’s biggest streamers have their space on the platform. And one of these streamers is Canadian xQc, who secured a two-year, US$100 million contract on the platform.

And after much speculation from the streamer community, xQc decided to explain once and for all the payment format for his grand contract, which according to him does not involve the Stake.com website, with no profit sharing or cryptocurrencies: it’s like a normal contract with any company.

Distrust of the streamer community

xQc had to finally explain a little more about his contract with Kick after some comments made by Ninja, another big streamer who also had a multimillion-dollar contract with Mixer, Microsoft’s former live streaming platform.

On AFK w/ Ninja Podcast, the streamer questioned the nature of xQc’s contract with Kick, stating that the contract includes money from gambling, Stake and even a percentage of the online casino platform’s shares. For Ninja, not all of that 100 million dollars is money.

Furthermore, Ninja also stated that the announcement of xQc’s $100 million contract with Kick was quite misleading.

How xQc’s contract with Kick works

After all this, during one of his live broadcasts, xQc clarified everything and stated:

“The contract is very simple. The deal has nothing to do with gambling, Stake, crypto, or anything like that. It’s like what you’d get from a corporate job – no equity, no stocks, no options.

The contract is broken down into 24 months, and I get one month of that every time. Right now, it’s slowed down because I got a signing bonus and an advance. They gave me a chunk upfront, so not only do I get paid monthly, but I also got paid way more in the early months. It was kind of insane.”

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