GENERAL RULES FOR USING THE SPECIAL VOUBS CURRENCY ‘WINGS’

 

  1. DEFINITION
    1. Aiming to provide its service in the most convenient and modern way, VOUBS legally creates its own virtual currency called ‘WINGS’, allowing most of the payments in the platform to happen fast and conveniently thanks to this virtual currency.  
    2. Payments by ‘WINGS’ include:
      1. Promotions and media advertisements in contests;
      2. Purchase of additional ranking;
      3. Payments of entrance fees of contests;
      4. Purchase of additional profile services;
      5. Purchase of monthly subscriptions;
      6. Payment of WINGS awards;
      7. Other functions which are to be included in future.
  2. METHODS OF AQUIRING ‘WINGS’ BY REGISTERED USERS
    1. Each registered user can follow the amount of WINGS, which he has at the moment by visiting his profile. The icon which depicts ‘WINGS’ is in the upper line, left of the user name of the account.  
    2. Each newly registered user starts with zero ‘WINGS’.
    3. Each registered user can obtain WINGS when entering contests which offer ‘WINGS awards” for the winners.
    4. Each registered user can buy WINGS by pressing the button ‘Promote’ on one media and then he should choose in the bottom of the page the button under WINGS ‘Add more’. Or he should choose the button ‘Add more’ which is under the sign of WINGS in the upper left corner next to the profile.
    5. Each registered user can obtain WINGS for free for some activity of his profile in the platform (to be implemented soon).
  3. USING THE VIRTUAL CURRENCY WINGS IN THE VOUBS PLATFORM
    1. Each registered user can create his contest and offer WINGS awards for the winners.
    2. Each registered user can buy additional services for his contests which can make it more popular and more attractive
    3. Each registered user can pay entry fees in contests which require WINGS for entry fee.
    4. Each registered user can buy additional rating for his media or for the media of another participant in a contest.
    5. Each registered user can promote his video, photo, audio added in his group by the means of the WINGS.  
  4. RESTRICTIONS ABOUT USING THE VIRTUAL CURRENCY WINGS
    1. The registered users cannot transfer the virtual currency WINGS from one account to another.
    2. The registered users cannot exchange the virtual currency WINGS for real currency.
  5. EXCLUSIONS FROM THE RULE FOR FORBIDDANCE OF EXCHANGE OF THE VIRTUAL CURRENCY INTO REAL ONE
    1. If a registered user organizes his personal contest on the platform VOUBS which requires entry fees from the participants in a definite amount of WINGS, the organizator of the contest will accumulate WINGS and he will have the right of withdrawing 80% of the net sum of the virtual currency after taking into account taxes and fees for transactions, which the PLATFORM VOUBS have received from the participants of the contest of the user. For each WINGS paid as entry fee for the contest of the organizing user, the latter will receive approximately 0,38 euro (price without VAT 20%)
    2. When a registered user wins WINGS in a contest, they will be transferred to him by the organizator up to 7 days after the contest final.
    3. When a registered user buys WINGS by PayPal, he will receive them directly after the success of the transaction.
    4. When a registered user buys WINGS by bank transfer, they will be added to his profile after confirmation of the bank that transfer was made (between 3 & 5 days). When ordering the payment, he should mention his user name in the payment form of the bank or in another banking document which certifies the payment.
    5. All prices for buying WINGS by a user’s profile are with added VAT 20% in accordance with the Bulgarian legislation and they are being bought as product-service on the territory of Bulgaria.
  6. POLICY OF RETURNING THE VIRTUAL CURRENCY WINGS
    1. By the purchase of WINGS (the virtual currency), each registered user agrees to use the service in the platform. The virtual currency WINGS does not require delivery and it exist for real in the user’s profile and it can be used by the registered user solely for purchase of services in the platform.
    2. When the registered user has received WINGS as an award or by activity on his profile, his WINGS cannot be returned or exchanged for real currencies.
    3. When the registered user has bought WINGS by mistake and he wishes to recover his money  in his account he can do it in the next 48 hours avter the purchase. He should send an e-mail to payment@voubs.com which his user name, e-mail as well as the document stating the successful payment of the service. VOUBS platform checks the request and in case that it is valid, there is reimbursement of the sum in the next 14 days and the number of WINGS is removed from the user’s profile.
    4. When a registered user wishes to delete his profile where he has WINGS, he cannot request them to be changed into real money.  In such situation the WINGS will be annulled together with deleting the profile. WINGS cannot be transferred to another person.

If you have paid for WINGS but they have not arrived in your profile, please send and e-mail to payment@voubs.com