Virtual Items Policy

Last updated: August 07, 2023

The use of Virtual Items on MemeTribes ("The Platform"), is open to users of the Services who are aged 18 or older and is subject to the following terms and conditions of this Virtual Items Policy. If you are between the ages of 18 and the age of legal majority in your jurisdiction, you may only participate in the Program with the permission of a parent or legal guardian who agrees to be bound by this Virtual Items Policy.

Who is eligible to use Virtual Items?

Users under the age the age of majority in your jurisdiction, may use and purchase Virtual Items with the permission of a parent or legal guardian.

Select users, aged 18 or above may use and purchase Virtual Items. Such users shall be selected exclusively at the discretion of the Platform on the basis of various criteria including their track record in creating quality content, number of followers etc.

Only users 18 years old or older (or the age of majority in your jurisdiction) can: buy Coins and Gifts; send Gifts to other Users or receive Gifts with monetary value.

Coins

Who Can Buy Coins?

Users of our Services who are aged 18 (or age of majority in your jurisdiction) or older may purchase virtual “coins” (“Coins”) from us using authorised payment methods and through payment providers made available and authorized by us.

Purchasing Coins

The price of the Coins will be displayed at the point of purchase. All charges and payments for Coins will be made in the currency specified at the point of purchase through the relevant payment mechanism. Currency exchange settlements, foreign transaction fees and payment channel fees, if any, are based on your agreement with the applicable payment provider.

You will be responsible for the payment of any Coins purchased by you. Once your purchase has been completed, your user account will be credited with Coins.

If you wish to make changes to your purchase, please contact us at the email address set out below. We will let you know if this change is possible. Please note that changes may impact price as well as other aspects of your purchase. If you live in the European Union, you have certain rights to withdraw from a purchase under the Consumer Rights Directive and its implementing legislation. However, if you purchase Coins, you acknowledge and agree that we start supplying the Coins to you as soon as the purchase is complete and therefore, your right to cancel or withdraw from the agreement to purchase is lost at this point.

How You Can Use Coins

Coins can be used to purchase Virtual Gifts. Coins cannot be exchanged for cash, or legal tender, or currency of any state, region, or any political entity, or any other form of credit.

Coins can only be used on our Platform and as part of our Services, and cannot be combined or used in conjunction with other promotions, coupons, discounts or special offers, except those designated by us.

No Coins may be assigned or transferred to any other user of the Services or third party except as expressly permitted by us in writing. The sale, barter, assignment or other disposal of any Coins, other than by us, is expressly prohibited.

Accrued Coins do not constitute property and are not transferable: (a) upon death; (b) as part of a domestic relations matter; or (c) otherwise by operation of law.

Any Coins assigned, sold, or otherwise transferred without the express written consent of us are void. Any user of the Services who violates this restriction may have his or her account terminated us, forfeit Coins from his or her account, and/or be subject to liability for damages and litigation and transaction costs.

All Coins of a user will expire automatically upon termination of the user’s account for any reason.

You agree that we have the absolute right to manage, regulate, control, modify and/or eliminate such Coins, where we have a valid reason to do so, in any general or specific case, and that we will have no liability to you based on its exercise of such right. If we decided to eliminate Coins from our services completely, we will do so by providing reasonable notice to you.

Gifts

Who Can Buy Gifts?

Users of our Services who are aged 18 (or age of majority in your jurisdiction) or older may purchase virtual gifts (“Gifts”) by exchanging Coins for Gifts.

Purchasing Gifts

Gifts constitute a limited license to certain features of digital products and services. The exchange rate between each Coin and Gift will be displayed on our Platform at the point of exchange.

Published prices include taxes unless it is otherwise under applicable laws in your jurisdiction. If any Gifts are subject to sales tax in your jurisdiction and you have not paid the applicable sales tax to us, then you will be responsible for the payment of such sales tax and any related penalties or interest to the relevant tax authority.

You agree that we have the absolute right to manage, regulate, control, modify and/or eliminate such exchange rate as we see fit in our sole discretion, in any general or specific case, and that we will have no liability to you based on our exercise of such right.

Except as otherwise set out in this Policy, all sales of Gifts are final, and we do not offer refunds for any purchased Gifts. When you have exchanged your Coins for Gifts, such Coins will be deducted from your user account and credited with Gifts.

Gifts cannot be converted into or exchanged for Coins or cash, or be refunded or reimbursed by us for any reason.

Gifts exchanged or received by any user do not constitute property and are not transferable: (a) upon death; (b) as part of a domestic relations matter; or (c) otherwise by operation of law.

We may replace previously exchanged copies of Gifts, if we determine in our sole discretion that the Gifts exchanged or received by a user are corrupted or otherwise damaged. We will not charge additional fees for reissuing a corrupted or otherwise damaged Gift. If you receive a corrupted or otherwise damaged Gift, contact us via [email protected]

We reserve the right to terminate or take other appropriate action against the account of any User that is deemed to be abusing the Program or this Virtual Items Policy.

How You Can Yse Gifts

In relation to a live stream product, you may use Gifts to rate or show your appreciation for an item of User Content that is uploaded or streamed by another user (“Content Provider”).

When this functionality is available on the Services, you can contribute Gifts to User Content by clicking the “Give Gift” button below the relevant User Content.

When you have contributed a Gift to an item of User Content, this Gift will be removed from your account, and converted into Coins (as defined and further explained below) in the Content Provider’s account.

Please note that when you give a Gift to another user you do so publicly so other users of the Services (including the recipient of the Gift) can see your name, user ID and the details of the Gift that you gave.

Contact

If you have any problems with Coins or Gifts, contact us via [email protected]