Terms and Conditions

    1. Introduction

    Our platform offers a dual virtual currency system to enhance user experience and provide flexibility for purchases. This document outlines the terms for using these currencies, as well as our discount policies. By using our platform, both users and publishers agree to these terms.

    2. Virtual Currency System

    2.1 Currency Types

    • Red Coins: Earnable through platform activities such as completing profiles, participating in forums, and following publishers. These can only be used to purchase ebooks created by our in-house team.
    • Green Coins: Purchased with real money and used for all products, including those by external publishers.

    2.2 Conversion of Currencies

    • Green to Red: Users can convert Green Coins into Red Coins at a conversion rate of 1 Green Coin = 2 Red Coins.
    • Red to Green: Conversion from Red Coins to Green Coins is not allowed.

    3. Discounts

    3.1 Admin Discounts

    Admins may apply platform-wide discounts of up to 50% during special holidays, festivals, or promotional events.

    3.2 Publisher Discounts

    Publishers can offer discounts of up to 30% on their ebooks at their discretion throughout the year.

    3.3 Overlapping Discounts

    If both an Admin and a Publisher discount are applied to a product, the final discount will not exceed 50%. Admin discounts take precedence.

    4. Revenue Sharing and Bonuses

    Publishers receive payouts equivalent to the full value of Green Coin purchases minus a marketing fee of 5%-10%. This fee covers platform bonuses, discounts, and promotional campaigns.

    5. Refunds and Adjustments

    Virtual coins (Red or Green) are non-refundable. Refunds will be processed in Green Coins only for technical issues or fraud.

    6. Publisher Terms

    6.1 Product Pricing

    Publishers are responsible for setting the price of their products in Green Coins. Red Coins are reserved for internal content only.

    6.2 Compliance with Discount Policies

    Publishers must comply with discount limits. Discounts exceeding 30% require admin approval.

    7. Changes to Terms

    We reserve the right to update these terms. Users and publishers will be notified of significant changes.

    8. Contact

    For questions or concerns, please contact our support team.