1. Purpose

This Virtual Items Policy governs the purchase, use, transfer, and redemption of virtual items within the Tepnot, including but not limited to:

  • Virtual Coins
  • Virtual Gifts
  • Virtual Diamonds
  • Promotional Rewards
  • Digital Badges
  • Event Bonuses

By purchasing or using virtual items, you agree to this policy.

2. Nature Of Virtual Items

All virtual items:

  • Are licensed, not sold.
  • Have no real world monetary value.
  • Do not constitute property, currency, or financial instruments.
  • Are not redeemable for cash except where explicitly permitted under Platform rules.
  • Cannot be transferred outside the Tepnot.
  • Users receive a limited, revocable, non transferable license to use virtual items.

The Platform retains full ownership of all virtual items.

3. Virtual Coins

3.1 Purchase of Coins

  • Users may purchase Coins via approved payment methods.
  • Coins:
  • Are digital entertainment credits.
  • Are non refundable except where required by applicable law.
  • Cannot be exchanged for cash.
  • Cannot be transferred between users.
  • All Coin purchases are final unless legally required otherwise.

3.2 Pricing & Taxes

  • Coin pricing may vary by region.
  • Users are responsible for applicable taxes.
  • The Platform may adjust pricing at any time.

4. Virtual Gifts

Coins may be used to send Virtual Gifts during live sessions.

  • Virtual Gifts:
  • Are digital animations or effects.
  • Have no cash value.
  • Do not guarantee ranking or rewards.
  • Are voluntary.
  • Sending gifts does not guarantee any financial return.

5. Virtual Diamonds (Creator Rewards)

Creators may receive Diamonds based on:

  • Gifts sent by viewers
  • Promotional event rewards
  • Platform bonuses

Diamonds:

  • Are internal platform reward points.
  • Do not represent ownership of money.
  • Are subject to eligibility requirements.
  • May be converted to earnings only if the creator qualifies.

The Platform may:

  • Set minimum withdrawal thresholds.
  • Conduct fraud checks.
  • Delay or deny withdrawals.

Adjust Diamond balances if errors occur.

6. Withdrawal Condition

Diamond redemption may require:

  • Identity verification (KYC)
  • Age verification (18+)
  • Tax documentation
  • Regional eligibility
  • The Platform reserves the right to:
  • Freeze suspicious balances.
  • With hold payments pending investigation.

Reverse Diamonds obtained through abuse, fraud, or manipulation.

7. Promotional Events

From time to time, the Platform may provide bonus Diamonds as part of:

  • Engagement campaigns
  • Leaderboard competitions
  • Seasonal promotions

These rewards:

  • Are funded by the Platform.
  • Are not pooled from user entry fees.
  • May be modified or cancelled at any time.
  • Participation does not guarantee profit.

8. No Gambling or Betting

Virtual items:

  • Are not gambling tokens.
  • Are not betting credits.
  • Do not provide lottery participation.
  • Do not guarantee financial return.

The Platform does not operate gambling services.

9. Prohibited Activities

Virtual items:

  • Are not gambling tokens.
  • Are not betting credits.
  • Do not provide lottery participation.
  • Do not guarantee financial return.

The Platform does not operate gambling services.

10. Chargeback & Refund Abuse

If a user:

Initiates fraudulent chargebacks Reverses payments after using Coins Engages in payment abuse

The Platform may:

  • Suspend the account
  • Deduct Diamonds from related accounts
  • Block future purchases
  • Pursue legal remedies

11. Account Termination

If an account is suspended or terminated:

  • All virtual items may be forfeited.

No compensation will be provided.

  • Access to unused Coins may be revoked.
  • Virtual items do not survive account termination.

12. Technically Errors

In case of:

  • System malfunction
  • Incorrect crediting
  • Pricing error
  • Display error

The Platform may:

  • Correct balances
  • Reverse transactions
  • Cancel mistaken rewards

13. Tax Responsibility

Creators are responsible for:

  • Reporting earnings
  • Paying income tax

Complying with local tax regulations

The Platform may issue tax forms if required by law.

14. International Compliance

Users must comply with:

  • Local financial laws
  • Currency regulations
  • Tax laws

Digital goods regulations

If virtual items are restricted in your jurisdiction, use of the Platform may be limited.

15. Limitation of Liability

The Platform:

  • Does not guarantee value stability of virtual items.
  • Is not liable for fluctuations in promotional rewards.
  • Is not responsible for local legal restrictions.
  • Is not liable for thirdparty payment failures.

16. Policy Modification

The Platform may:

  • Modify virtual item structures
  • Change conversion rates
  • Adjust withdrawal eligibility
  • Update policies at any time

Continued use constitutes acceptance.

1. Purpose

This Virtual Items Policy governs the purchase, use, transfer, and redemption of virtual items within the Tepnot, including but not limited to:

  • Virtual Coins
  • Virtual Gifts
  • Virtual Diamonds
  • Promotional Rewards
  • Digital Badges
  • Event Bonuses

By purchasing or using virtual items, you agree to this policy.

All virtual items:

  • Are licensed, not sold.
  • Have no real world monetary value.
  • Do not constitute property, currency, or financial instruments.
  • Are not redeemable for cash except where explicitly permitted under Platform rules.
  • Cannot be transferred outside the Tepnot.
  • Users receive a limited, revocable, non transferable license to use virtual items.

The Platform retains full ownership of all virtual items.

3.1 Purchase of Coins

  • Users may purchase Coins via approved payment methods.
  • Coins:
  • Are digital entertainment credits.
  • Are non refundable except where required by applicable law.
  • Cannot be exchanged for cash.
  • Cannot be transferred between users.
  • All Coin purchases are final unless legally required otherwise.

3.2 Pricing & Taxes

  • Coin pricing may vary by region.
  • Users are responsible for applicable taxes.
  • The Platform may adjust pricing at any time.

Coins may be used to send Virtual Gifts during live sessions.

  • Virtual Gifts:
  • Are digital animations or effects.
  • Have no cash value.
  • Do not guarantee ranking or rewards.
  • Are voluntary.
  • Sending gifts does not guarantee any financial return.

Creators may receive Diamonds based on:

  • Gifts sent by viewers
  • Promotional event rewards
  • Platform bonuses

Diamonds:

  • Are internal platform reward points.
  • Do not represent ownership of money.
  • Are subject to eligibility requirements.
  • May be converted to earnings only if the creator qualifies.

The Platform may:

  • Set minimum withdrawal thresholds.
  • Conduct fraud checks.
  • Delay or deny withdrawals.

Adjust Diamond balances if errors occur.

Diamond redemption may require:

  • Identity verification (KYC)
  • Age verification (18+)
  • Tax documentation
  • Regional eligibility
  • The Platform reserves the right to:
  • Freeze suspicious balances.
  • With hold payments pending investigation.

Reverse Diamonds obtained through abuse, fraud, or manipulation.

From time to time, the Platform may provide bonus Diamonds as part of:

  • Engagement campaigns
  • Leaderboard competitions
  • Seasonal promotions

These rewards:

  • Are funded by the Platform.
  • Are not pooled from user entry fees.
  • May be modified or cancelled at any time.
  • Participation does not guarantee profit.

Virtual items:

  • Are not gambling tokens.
  • Are not betting credits.
  • Do not provide lottery participation.
  • Do not guarantee financial return.

The Platform does not operate gambling services.

Virtual items:

  • Are not gambling tokens.
  • Are not betting credits.
  • Do not provide lottery participation.
  • Do not guarantee financial return.

The Platform does not operate gambling services.

If a user:

Initiates fraudulent chargebacks Reverses payments after using Coins Engages in payment abuse

The Platform may:

  • Suspend the account
  • Deduct Diamonds from related accounts
  • Block future purchases
  • Pursue legal remedies

If an account is suspended or terminated:

  • All virtual items may be forfeited.

No compensation will be provided.

  • Access to unused Coins may be revoked.
  • Virtual items do not survive account termination.

In case of:

  • System malfunction
  • Incorrect crediting
  • Pricing error
  • Display error

The Platform may:

  • Correct balances
  • Reverse transactions
  • Cancel mistaken rewards

Creators are responsible for:

  • Reporting earnings
  • Paying income tax

Complying with local tax regulations

The Platform may issue tax forms if required by law.

Users must comply with:

  • Local financial laws
  • Currency regulations
  • Tax laws

Digital goods regulations

If virtual items are restricted in your jurisdiction, use of the Platform may be limited.

The Platform:

  • Does not guarantee value stability of virtual items.
  • Is not liable for fluctuations in promotional rewards.
  • Is not responsible for local legal restrictions.
  • Is not liable for thirdparty payment failures.

The Platform may:

  • Modify virtual item structures
  • Change conversion rates
  • Adjust withdrawal eligibility
  • Update policies at any time

Continued use constitutes acceptance.

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