Virtual Currency
& Tokens Terms
Contents
4. Purchases Are Final, Subject to Withdrawal
1. What Power Tokens Are
Power Tokens ("PT") are a revocable, limited license to access certain features within VLStudio. Power Tokens are not property, are not currency or legal tender, and do not represent a deposit, a stored monetary value, or any ownership interest. Power Tokens are not redeemable for cash except to the extent our Refund, Cancellation & Withdrawal Policy, Section 3 allows a refund of unspent tokens within the stated withdrawal window. Purchasing Power Tokens gives you a license to use them within VLStudio, subject to these Terms, and does not give you any right in VLStudio itself or in the underlying features they unlock.
2. Pricing & Currency
Power Tokens are sold in five fixed packages through real Stripe checkout, with a bonus of up to 30% additional tokens on larger packages. Package sizes, prices, and bonus percentages are shown at checkout and may change; we will disclose current pricing there rather than restate specific figures in this document, since token packages change more often than this Agreement.
3. Peer-to-Peer Transfers
You may transfer Power Tokens to another VLStudio user, subject to a maximum of 1,000,000 tokens per transfer. VLStudio reserves the right to reverse or freeze any token transfer, and any associated token balance, that we reasonably connect to fraud, a stolen payment method, account compromise, or abuse of these Terms, without prior notice where notice would undermine the investigation. We will notify the affected account after taking such action where we are able to.
4. Purchases Are Final, Subject to Withdrawal
Power Token purchases are final and non-refundable once tokens are spent. Unspent tokens may be refunded within the 14-day window described in our Refund, Cancellation & Withdrawal Policy, Section 3, which implements the EU/UK right of withdrawal for this purchase. We do not restate the full withdrawal mechanism here; the Refund Policy is the authoritative source for it.
5. Expiry, Forfeiture & Changes to the Token Economy
Power Tokens may expire, or may be forfeited, if your account is terminated for a violation of our Terms of Service. We may modify the token economy, including package sizes, bonus percentages, pricing, feature costs, and transfer limits, at any time, and will give reasonable advance notice of a material change where practicable.
6. Age & Eligibility
Real-money purchases of Power Tokens are subject to the age and eligibility requirements in our Minimum-Age & Children's Policy, which this section incorporates by reference. We do not restate the age threshold here so that it stays consistent wherever it appears.
7. Creator Points / XP
Creator Points and experience points (XP) are an activity-tracking mechanic that reflects your participation on VLStudio. Creator Points and XP have no cash value, are not a virtual currency, are not redeemable for Power Tokens, cash, or any prize, and carry no prize-draw or chance-based component of any kind. They exist solely to track and display your activity level within the product.
8. Taxes
VAT treatment of Power Token sales follows the same general framework described in our Tax & Invoicing Terms: current status is [[TAX_CONFIGURATION]]. This section will be updated once tax collection is configured for token sales; see the Tax & Invoicing Terms for the fuller framework rather than a repeated explanation here.
9. Governing Law & Contact
These Virtual Currency & Tokens Terms are part of, and governed by the same law and venue as, our Terms of Service, Section 17 (Spain, with EU/UK consumer carve-outs, courts of Barcelona, no mandatory arbitration for consumers). For questions, contact [[CONTACT_EMAIL_LEGAL]] (interim: vlstudiopartners@hotmail.com).
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