TeRMs of Use.

Influencer Nodes
Music NFTs
Characters
Metaverse

TERMS OF USE FOR INFLUENCER NODES ON VEELIVE

Effective Date: January 1/2025

  1. Introduction

These Terms of Use govern the creation, management, and use of Influencer Nodes on the Veelive platform. By applying for or utilizing Influencer Nodes, you agree to comply with these terms. If you do not agree, you may not use or access Influencer Nodes on Veelive.

  1. Definition of Influencer Nodes

  1. What Are Influencer Nodes: Influencer Nodes are exclusive digital assets provided by Veelive to qualified users with a minimum of 5,000 followers on a recognized social media platform.
  2. Purpose: Influencer Nodes allow influencers to monetize their audience by offering followers access to products, services, or experiences on the Veelive platform.
  3. Ownership: Influencer Nodes are virtual assets tied to your Veelive account. While you may earn income from your nodes, ownership does not grant you intellectual property rights over Veelive’s platform or node technology.

  1. Eligibility

  1. Minimum Requirements: To qualify for Influencer Nodes, you must:
    • Have a minimum of 5,000 followers on at least one approved social media platform.
    • Complete the influencer application form and provide proof of your following.
  2. Verification: All applications are subject to Veelive’s verification process. Influencer status may be revoked if false information is provided.

  1. Creation and Distribution

  1. Node Allocation:
    • Influencers receive 20x the number of their followers in nodes. For example, an influencer with 10,000 followers receives 200,000 nodes.
    • Nodes are distributed at no upfront cost to the influencer.
  2. Node Sales:
    • Influencers can sell nodes to their followers or other Veelive users at a fixed price of 7 USDT per node.
    • Each node owner receives a pro-rata return from purchases made within the influencer’s community.

  1. Earnings and Commissions

  1. Influencer Earnings: Influencers earn 50% of the price of each node sold.
  2. Community Earnings: Influencers also earn commissions on purchases made by their community members through the Veelive marketplace.
  3. Payment Schedule: Earnings are distributed in real time in USDT to the influencer’s Veelive wallet.

  1. Responsibilities of Influencers

  1. Community Engagement: Influencers must actively promote their nodes and engage their community to ensure mutual benefit.
  2. Compliance: Influencers must adhere to Veelive’s community guidelines, including ethical promotion and transparency about earnings.
  3. Misuse: Influencers found engaging in fraudulent activities, spamming, or violating platform policies may have their nodes revoked and earnings withheld.

  1. Node Buyer Rights and Benefits

  1. Ownership: Buyers of nodes gain access to exclusive content, products, or benefits offered by the influencer and Veelive.
  2. Earnings: Node owners share in the revenue generated by purchases made within the influencer’s community.
  3. Transferability: Nodes are tied to the Veelive platform and cannot be transferred outside the ecosystem.

  1. Termination and Deactivation

  1. Voluntary Termination: Influencers may choose to deactivate their nodes at any time. However, any unsold nodes will be forfeited.
  2. Involuntary Termination: Veelive reserves the right to deactivate nodes in cases of inactivity, policy violations, or fraudulent behavior.

  1. Liability and Disclaimer

  1. Platform Stability: Veelive is not liable for interruptions, errors, or delays in node functionality or earnings due to technical or operational issues.
  2. Earnings Disclaimer: Earnings depend on community engagement and sales activity. Veelive does not guarantee specific income levels.
  3. Third-Party Actions: Veelive is not responsible for actions taken by node buyers or community members.

  1. Modifications to Terms

Veelive reserves the right to update these terms at any time. Influencers will be notified of significant changes, and continued use of Influencer Nodes constitutes acceptance of the revised terms.

  1. Contact Information

For questions or concerns regarding Influencer Nodes, please contact Veelive Support at contact@veelive.info.

By applying for and using Influencer Nodes, you acknowledge that you have read, understood, and agreed to these Terms of Use.

TERMS OF USE FOR MUSIC NFTS ON VEELIVE

Effective Date: January 1/2025

  1. Introduction

These Terms of Use govern the creation, purchase, rental, and use of Music NFTs offered by Veelive. By engaging with Veelive’s Music NFT platform, you agree to comply with these terms. If you do not agree, you may not access or use Veelive’s Music NFT services.

  1. Definition of Music NFTs

  1. What Are Music NFTs: Music NFTs are unique, blockchain-based digital assets representing ownership or shared rights to songs produced under Veelive’s Veetune label.
  2. Ownership: Purchasing a Music NFT grants the buyer certain rights as described in these terms but does not transfer intellectual property rights unless explicitly stated.

  1. Purchase Options

  1. Purchase Model:
    • Each song is divided into 50 NFT shares (50 copies).
    • Buyers can purchase 1 or more shares of a song.
    • Buyers receive download and streaming revenue from all platforms proportional to their ownership share.
  2. Full Song Purchase:
    • Buyers can acquire all shares of a song.
    • For previously sold shares, the buyer must pay a 30% premium to existing owners as compensation.
    • This transfer is contractually agreed upon, and shares are returned to Veelive upon full purchase.

  1. Pricing and Payments

  1. Share Pricing: Prices for individual shares range from 5,000 to 20,000 USDT, divided among 50 shares.
    • Example: A song priced at 8,000 USDT would cost 160 USDT per share.
  2. Full Purchase Pricing: Buyers of the entire song must pay the remaining share cost plus a 30% premium for shares already sold, along with a transaction fee of 3% for Veelive.

  1. Rights and Benefits

  1. Revenue Sharing:
    • Buyers receive a proportional share of download and streaming income from all platforms.
    • Revenue is distributed quarterly to NFT holders.
  2. Exclusive Rights:
    • Full song buyers may gain exclusive rights to commercialize the song beyond personal use.
  3. Transparency: All transactions, revenue distributions, and ownership details are recorded on Veelive’s blockchain.

  1. Responsibilities of Buyers

  1. Compliance: Buyers must adhere to all Veelive policies and applicable laws regarding music and intellectual property.
  2. Non-Transferability: Music NFTs are tied to the Veelive platform and cannot be transferred or traded outside its ecosystem unless explicitly stated.
  3. Fair Use: Music NFTs may not be used for purposes that violate copyright law, including unauthorized reproduction, distribution, or modification.

  1. Veelive’s Rights and Responsibilities

  1. Content Delivery: Veelive ensures that all purchased Music NFTs are accessible to users through the platform.
  2. Revenue Distribution: Veelive facilitates the accurate distribution of revenue to NFT holders.
  3. Platform Changes: Veelive reserves the right to modify or update the Music NFT platform, ensuring minimal disruption to users.

  1. Refunds and Returns

  1. No Refund Policy: All purchases of Music NFTs are final and non-refundable.
  2. Platform Failures: In the event of technical failures, Veelive will make reasonable efforts to restore access or provide equivalent compensation.

  1. Termination and Deactivation

  1. Voluntary Termination: Users may opt to sell their shares back to Veelive or other users as permitted by the platform.
  2. Involuntary Termination: Veelive reserves the right to revoke Music NFT access in cases of fraud, policy violations, or illegal activities.

  1. Liability and Disclaimer

  1. Earnings Disclaimer: Earnings depend on market activity, streaming performance, and other factors. Veelive does not guarantee specific income levels.
  2. Platform Stability: Veelive is not liable for losses caused by interruptions, delays, or errors on the platform.
  3. Third-Party Actions: Veelive is not responsible for actions by third-party streaming platforms or other entities.

  1. Modifications to Terms

Veelive reserves the right to update these terms at any time. Significant changes will be communicated to users, and continued use constitutes acceptance of the updated terms.

  1. Contact Information

For questions or concerns regarding Music NFTs, please contact Veelive Support at contact@veelive.info.

By purchasing, renting, or using Music NFTs on Veelive, you acknowledge that you have read, understood, and agreed to these Terms of Use.

TERMS OF USE FOR VEELIVE CHARACTERS

Effective Date: January 1/2025

  1. Introduction

These terms govern the use of characters within the Veelive platform. By creating, purchasing, or using a character, you agree to comply with these terms. If you do not agree, you may not use the characters provided by Veelive.

  1. Character Ownership and Use

  1. Ownership: Characters are virtual assets tied to your Veelive account. While you hold the rights to use the character, Veelive retains all intellectual property rights to the character designs and associated features.
  2. Usage Rights: Characters may only be used within the Veelive platform, including but not limited to social interactions, investments, and avatar-based activities.
  3. Character Levels: Upgrading or unlocking higher-level characters requires fulfilling specified requirements, including potential fees or platform activity milestones.
  4. Limitations: Characters may not be resold, traded, or transferred outside of the Veelive ecosystem unless explicitly stated by Veelive.

  1. Character Upgrades and Features

  1. Upgrades: Upgrading characters unlocks additional features, such as access to larger starting funds, exclusive areas, and advanced functionalities.
  2. Fees and Costs: Upgrades may require payment in USDT, or at a later time in-platform currencies. All payments are final and non-refundable.
  3. Customizations: Users may customize certain aspects of their characters. However, all customizations must comply with Veelive’s community guidelines.

  1. Starting Fund

  1. Definition: Certain characters include access to a starting fund, which allows users to invest in Veelive products like land, buildings, or NFTs.
  2. Usage Period: The starting fund must be used within six months from activation. Unused funds after this period will expire.
  3. Fees: Access to the starting fund incurs a fee (e.g., 5%, 6%, or 7%, depending on character level).

  1. Restrictions on Use

  1. Characters may not be used for activities that violate Veelive’s policies, including but not limited to:
    • Harassment, hate speech, or discrimination.
    • Fraudulent or deceptive activities.
    • Any actions that disrupt the Veelive platform or other users.
  2. Veelive reserves the right to suspend or terminate characters used in violation of these terms.

  1. Income and Rewards

  1. Earnings: Characters may generate income through in-platform activities, such as investments or rewards from completed tasks.
  2. Payouts: Earnings associated with characters are subject to Veelive’s payout policies, including withdrawal limits and retention periods.
  3. Adjustments: Veelive reserves the right to modify character-related earnings structures to ensure the platform’s stability.

  1. Termination and Deactivation

  1. Voluntary Termination: Users may deactivate their character at any time, forfeiting all associated features and benefits.
  2. Involuntary Termination: Veelive may suspend or terminate a character due to inactivity, non-compliance with terms, or misuse.

  1. Liability and Disclaimer

  1. Veelive is not responsible for losses or damages incurred through character usage, including financial investments made via starting funds or other character-enabled features.
  2. Characters are provided “as is” without warranty of any kind. Veelive does not guarantee uninterrupted or error-free use of characters.

  1. Modifications to Terms

Veelive reserves the right to update these terms at any time. Users will be notified of significant changes, and continued use of characters constitutes acceptance of the revised terms.

  1. Contact Information

For any questions or concerns regarding these terms, please contact Veelive Support at contact@veelive.info.

By using a Veelive character, you acknowledge that you have read, understood, and agreed to these terms of use.

TERMS OF USE FOR VEELIVE METAVERSE

Effective Date: January 1/2025